Global Mofy Invests in Ethiopian Digital Freight Platform Wetruck AI, Enters African Market

GMM
October 05, 2025

Global Mofy AI Limited announced on June 9, 2025, that it has completed a strategic investment in Wetruck AI, a digital freight platform headquartered in Ethiopia. This investment marks Global Mofy’s first direct market entry into Africa.

The strategic initiative aims to accelerate the industrial application of AI in high-growth, under-digitized sectors, specifically targeting logistics innovation in East Africa. Global Mofy believes there is significant potential to improve traditional road freight systems through AI-driven platform integration and intelligent capacity matching.

Beyond capital investment, Global Mofy will play an active role in shaping Wetruck AI’s development roadmap and technical architecture, leveraging its expertise in AI and digital system design. Wetruck AI's digital freight platform and mobile application are currently under development and are scheduled for launch in late 2025.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.