Executive Summary

WeAfrica Technologies is a Malawian-incorporated technology company building Africa’s first integrated mobility, food delivery, grocery, and courier super-app. Our mission is to create jobs for young people, provide affordable and safe transport, and promote sustainability across Africa. We operate through three mobile applications (driver, customer, and restaurant/merchant), offering seamless services for individuals and businesses. Beyond mobility, WeAfrica also supports climate adaptation, waste management, and blue economy initiatives, aligning commercial growth with social and environmental impact. WeAfrica Technologies is seeking $200,000 – $1,000,000 in equity financing to launch and scale operations in Malawi before expanding into regional markets. Funds will be allocated to: Marketing & customer acquisition Driver recruitment and vehicle leasing program Technology improvements and platf WeAfrica Technologies is led by Steve Msungama (Founder & CEO), who brings over 7 years of ride-hailing experience in Cape Town and a deep understanding of African mobility challenges. The team includes Joel Jeremy (Co-Founder & Partnerships Lead), with expertise in regional business development, and a strong advisory network of local and international partners. Our leadership combines operational experience, entrepreneurial vision, and commitment to building scalable African solutions. Stage: Pre-revenue (pilot testing completed). Funding to Date: Founder-funded research & platform acquisition in 2024. Revenue Projections: Year 1: $500,000 (Malawi operations) Year 3: $5M+ (regional expansion in Southern Africa). Revenue Model: Commission-based income from rides, deliveries, and marketplace orders; subscription fees for merchants and drivers; and strategic sustainability projects. Malawi and wider Southern Africa face significant mobility, delivery, and logistics challenges, with fragmented services and high unemployment among youth. The African ride-hailing and delivery market is projected to grow 15%+ CAGR, with rising smartphone penetration and urbanization fueling demand. WeAfrica’s all-in-one super-app model differentiates us from competitors by combining mobility + delivery + sustainability in one ecosystem, giving us scalability across multiple African countries.