Incentivizing Safety
CanGo provides a safe, secure and affordable ride-hailing platform for motorcycle taxis in Rwanda and the Democratic Republic of the Congo. CanGo is developing interconnected on-demand services in a single smartphone app, aimed at the Central African mass market. This streamlined process helps incentivize higher levels of service for informal drivers and measures driver safety in real time. Sidley is providing legal assistance on documentation regarding the purchase of shares in CanGo and is helping to draft and review shareholder agreements for existing and new shareholders.
“Sidley has been invaluable to CanGo. As a small startup in Africa, we didn’t know the unknowns of closing an equity investment deal. With Sidley’s help, we successfully concluded our largest funding round to date, allowing us to scale up our organization. Knowing we have access to Sidley’s advice gives us a lot of comfort.”
– Peter Kariuki, Co-founder and CTO, CanGo