Kobo360, the technology logistics platform, has announced plans to expand operations into Accra, Ghana and Nairobi, Kenya. The company also recently launched in Lome, Togo.
Backed by international and African investors, including International Finance Corporation [IFC], Y Combinator and TLcom, the startup said it is seeking to build a global logistic operating system [G-LOS] that will power trade and commerce across Africa and Emerging Markets.
The company is currently rolling out a beta operation in Ghana, claimed it is recording over 100 trips and collaborating with clients such Olam Ghana, and expects to test the Kenyan market further, in the coming weeks, where the team will meet with drivers and equip them with the tools they need to run trips effectively.
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”.