Inspiring Leadership & Sustainable Business Transformation in Africa
KENYA – Sendy, a Nairobi-based on demand logistics platform, has secured an investment from KMOL PLUS, a Tokyo based investor. This is the first investment by MOL PLUS in an African startup. Sendy operates a platform that connects logistics companies and shippers in Kenya and the rest of Africa. Connecting consumer goods manufacturers and e-commerce companies’ delivery needs with individual…
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KENYA – Glovo, a leading multi-category delivery platform, has launched its third micro fulfillment center in Nairobi, Kenya, as the company expands its ‘Q-commerce’ division. Q-Commerce means that consumers can use Glovo to order from their favorite supermarkets and neighbourhood stores. The first micro fulfillment center was launched in June 2021, while the second was opened in June 2022, now…
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SOUTH AFRICA – DHL Global Forwarding, an international air, ocean, and road freight services provider, has launched a new US$6.83 million facility (R127 million) transhipment hub and head office in Johannesburg, South Africa. The sustainable, primarily solar-powered complex is located in the Sky Park Industrial Estate it provides easy access to OR Tambo International Airport. The facility’s opening marks a…
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KENYA – E-commerce platform, Jumia has launched a new integrated warehouse and logistics network facility in Nairobi, Kenya, to enhance the consumers’ shopping experience by reducing delivery times and cutting costs. The 11,000 metres facility will transform Jumia’s logistics operations by providing increased storage capacity for scale-up of warehouse operations and also provide converged services. Located along Mombasa Road, the…
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ALGERIA – GroDesto, Algerian logistics platform, has announced that it has successfully raised 200 million DA (US$1.4M) through a public offering in order to become a joint stock company (SPA). GroDesto is an initiative to enable the distribution of consumer goods in Algeria. The startup consists of a mobile application and a website for logistics distribution. The project was awarded…
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Jumia deploys use of drones in Ghana to stream logistic operations, cut emissions GHANA – Jumia, the leading e-commerce platform in Africa, has partnered with Zipline, the world’s largest instant delivery service, to deploy on-demand drone-delivery for e-commerce in Ghana, with plans to expand the service to Nigeria and Côte d’Ivoire in the near future. The collaboration will integrate Zipline’s…
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EGYPT – Geidea, an e-payments and fintech company, has partnered with the digital financial services platform MOXEY to standardize digital payments for merchants in mobility and freight sector. The partnership enables MOXEY merchants network with a suite of payment solutions with Geidea’s innovative acceptance solutions, making it possible for MSMEs to accept any digital payment, including credit and debit cards…
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NIGERIA – Kwik, a logistics delivery startup, has announced that it officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan, southwestern Nigeria. Dubbed “Africa’s largest village”, Ibadan is one of the fastest-growing urban area in Nigeria and a key commercial city. One of the downsides to this rapid development is…
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SOUTH AFRICA – City Logistics, a logistics service provider, and private equity management group Clearwater Capital have partnered to acquire 100% of franchised courier company, Fastway Couriers South Africa. Clearwater Capital will hold a 30% minority stake in the new structure. The Fastway acquisition will also allow City Logistics to provide its existing and future customers with a small parcel…
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SOUTH AFRICA – Droppa, a logistics startup, has announced that it has closed a Series A funding round led by logistics company SkyNet Worldwide Express. The 2 companies believe the deal, whose amount was not disclosed, will accelerate business growth for both brands and strengthen their existing customer-centric approach. “We are very excited about the investment in Droppa. Following intensive…
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