Logistics company Kobo360 has announced that it will expand operations into Accra, Ghana and Nairobi, Kenya. The announcement follows the company’s launch in Lome, Togo.
The company is currently rolling out a beta operation in Ghana, recording over 100 trips and collaborating with clients such Olam Ghana, and expects to test the Kenyan market further in coming weeks.. The company will meet with drivers and equip them with the tools they need to run trips effectively. The company plans to launch in other key markets and expects to be in nine African countries before the end of 2019.
Speaking from the Africa CEO Forum in Kigali, Co-founder and CTO of Kobo360, Ife Oyedele, said: “We estimate that Africa needs 10X the number of trucks to meet short-term commercial transport needs, since rail continue to underperform. Time, cost and quality are key drivers of success in logistics which is why we, at Kobo360, are building a global logistics operating system [G-LOS] that will ensure fast movement of goods at a lower cost for businesses across Africa.
“Kenya is the hub of East Africa, it is the most innovative market in Technology and if we win here, we have won across the region. From here we will expand to Uganda and Tanzania. By adding Ghana to our West African territories of Togo and Nigeria, we will link all the market to a Global Logistics System and this will help us to serve our customers across a seamlessly lined Pan-African market. By this we create value to our customers as we are in all the key countries in the continent”.
Kobo360 connects end-to-end haulage operations to help cargo owners, truck owners and drivers, and cargo recipients to achieve an efficient supply chain framework. Kobo360 matches a user’s request with a selection of trucks of all categories. Led by Kagure Wanmuyu, COO East Africa and Bilal Abdullah, COO West Africa, the team is also recruiting for top talent to join its new teams on the ground.
Kobo360’s officially launched in Togo in March, where the company announced its affiliation with the Ministry and Office of Postal Affairs and Digital Economy, as well as the Mediterranean Shipping Company. Kobo360 will officially launch in Ghana on 4 April, and in Kenya by May 2019.
Kobo360 is a technology logistics platform that connects the supply of trucks with the demand for transportation services by cargo owners with operations in Nigeria, Togo, Ghana and Kenya. The company is backed by international and African investors, including International Finance Corporation [IFC], Y Combinator and TLcom.