Nigerian Logistics Startup Kobo360 to Start Operations in Kenya
Nigerian Logistics start-up Kobo360 has unveiled its plans to expand into the East African region in a bid to establish a strong global operating logistic system.
The company will start its operations in Kenya and partner with International Finance Corporation and TLcom for it to muscle its expansion process.
“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” said Co-founder of Kobo360, Ife Oyedele, during the Africa CEO Forum in Kigali.
The set expansion will boost movements of goods across Africa, and lower the cost incurred in doing business.
The move by the company comes a time when the African Union is planning to create a single market for goods and services to be known as the Continental Free Trade Area.
Kobo will later have branches in Togo, Ghana linking its West Africa region market.
‘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.” He added
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