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Peach Cars Raises $3.7M Debt From Japanese State-Backed Lenders for East Africa Expansion
Kenyan used-car platform Peach Cars has secured a $3.7 million debt facility backed by Japanese state lenders to expand its used-car infrastructure across East Africa. The transaction signals growing development finance institution appetite for East African mobility startups from non-traditional bilateral sources.
2 sources
- Peach Cars Grabs $3.7M Debt Financing to Build Used-Car Infrastructure in East Africa · techbuild.africa · T2
- Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion · launchbaseafrica.com · T1