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Home Made in Africa West Africa

Kobo 360: Transforming Africa’s logistics industry with tech

David Ijaseun by David Ijaseun
April 2, 2023
in West Africa
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Kobo 360

Kobo 360

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Kobo 360 is a technology-based logistics company based in Lagos, Nigeria. It was founded in 2017 by Obi Ozor and Ife Oyedele with the purpose of transforming the logistics industry in Africa.

Here are four things to know about Kobo 360:

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Innovative Technology

Kobo 360 uses technology to provide efficient logistics services. The company’s platform connects businesses with reliable truck drivers, which lets them move their goods across Africa. The platform also lets you track goods in real-time to monitor the entire logistics process. Kobo 360’s technology has won a number of awards, including the Best Digital Logistics Platform at the 2019 African Digital Awards.

A wide range of services

Kobo 360 offers a wide range of logistics services, like trucking, warehousing, and inventory financing. The company has a fleet of over 10,000 trucks, making it one of the biggest logistics companies in Africa. Kobo 360’s warehousing services include safe storage facilities, inventory management, and order fulfilment. The company also offers inventory financing, which gives businesses access to capital based on the value of their inventory.

Social Impact

Kobo 360 is committed to making a positive difference in the communities it works in. The company’s “Green Trucks Initiative” aims to reduce the carbon footprint of its trucks by using more environmentally friendly fuels and technologies.

Kobo 360 has also started an initiative to help women truck drivers become more independent by giving them training and help to start their own businesses. In addition, the company helped during the COVID-19 pandemic by giving personal protective equipment (PPE) to healthcare workers and delivering essential goods to communities in need.

Solid partnerships

Kobo 360 has formed strong partnerships with leading companies in many fields. The company has made a deal with Flour Mills of Nigeria, one of the largest food and agro-related companies in Africa, to provide logistics services for its operations.

Kobo 360 also teamed up with Dangote Cement, Africa’s biggest cement maker, to provide end-to-end logistics services for its cement business. The logistics firm has also worked with international organisations like the World Bank and the International Finance Corporation (IFC) to expand its business.

Since its inception 6 years ago, Kobo 360 has moved goods weighing over 9 Billion Kg in total, registered above 50,000 truck assets, serviced the logistics needs of about 750 companies, and created 150,000 jobs across seven countries.

Read more on The role of truck drivers in the transportation industry

Tags: logistics

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