Unlocking the potential of pan-African commerce, on-demand logistics platform Kobo360 is scaling its trucking network across borders to speed up deliveries and reduce transportation costs.
Why
Extremely high logistics costs
Logistics account for up to 75% of a product’s total costs in Africa.
Hazardous cargo transportation
Truck drivers are often targeted by criminals looking for cash and other valuables.
Unreliable delivery services
Limited options to make deliveries more efficient and secure with real-time tracking functions.
Market
1.1bn
Forecast size of Africa’s middle class by 2060 from 355m in 2010 (AFDB) – growth seen driving consumption and related logistics demand worth $128.5bn in 2012 (Analytiqa)
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