Kobo360

Kobo360 is a privately owned, pan-African technology company disrupting and leading the African third-party logistics industry with the slogan "Move you forward." Since its establishment in 2017 in Nigeria, it has been leveraging big data and agile technology to connect cargo owners with trucks and drivers through an all-in-one robust platform. This approach has enabled Kobo360 to significantly reduce friction and scale efficiency in the African logistics ecosystem. The company has also made strides in addressing challenges within the logistics space by connecting asset owners with MSMEs, effectively bridging the gap between supply and demand. The most recent milestone for Kobo360 was its Series B investment of $48.00M on 21 December 2021, with key investors including Goldman Sachs, International Finance Corporation, Juven, TIDE Africa Fund, and The Fund for Export Development in Africa. Furthermore, Kobo is diversifying its operations by entering the agro-trading space, developing a marketplace that directly connects farmers with buyers globally. This initiative aims to eliminate the high-cost intermediaries for smallholder farmers and boost their profits significantly. Kobo360's innovative solutions and strategic expansion make it a noteworthy player in the industries of big data, e-commerce, logistics, and retail, as it continues to shape the future of logistics and trade in Africa.