Lori, Pan-African E-Logistics Start-up, Expands To Nigerian Market

Posted on October 4, 2019

Kenyan e-Logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa.

The company, which is the largest eLogistics service provider in East Africa, launched in Kenya in 2016 to seamlessly connect cargo owners to transport in frontier markets.

Over the past 10 months, Lori has completed a successful pilot in Nigeria with some of the country’s top cargo companies including Olam, Honeywell Flour Mills and Flour Mills Nigeria.

This expansion presents a massive opportunity for Lori, as the company seeks to facilitate and connect technology innovation, smart policy and government partnership, and seamless operations to continue to lower the cost of goods.

In July, Lori announced the appointment of new global leadership to drive the company’s expansion efforts across Africa.

“Lori is at the forefront of revolutionizing cargo transport across Africa from the ground up,” said Uche Ogboi, Lori Chief Operating Officer.

“Our mission in Nigeria is to create a more efficient logistics experience for cargo owners who are burdened with the task of moving their goods across the country. We have successfully created a digital platform to enable the movement of goods through a transparent supply chain management system that is affordable, reliable and flexible,” she added.

As a digital marketplace and eLogistics service provider, Lori provides value to clients in three key areas: Technology, Operational Excellence, and Customer Service.

Lori’s mission is to solve the problem of high cost of goods across Africa where in certain countries, up to 75% of the cost of a product on the continent is attributed to logistics, compared to only 6% in the U.S.

The company aims to achieve this by eliminating customer pain points along the cargo journey with new technologies and superior user experience.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Tinubu Support Group, TSG, has described the continued rise in national revenue as... Continue
Notable Niger Delta socio-cultural group, the Orashi National Congress, ONC, led by its President... Continue
As part of continuing efforts to guarantee stable and reliable electricity supply for households,... Continue
In a bold move to deepen retail participation in Nigeria’s capital market, the Aliko... Continue
EBERE UZOUKWA, PhD  The declaration of solidarity by 85 political appointees and nine mayors... Continue
Nigeria’s growing cultural influence is changing how brands think about the creative economy, from... Continue
MICHAEL AKINOLA The Lagos State Police Command has arraigned three men before a Magistrate... Continue
Zenith Bank Plc is set to launch the maiden edition of its Girl-Child Empowerment... Continue
A Nigeria media expert and Publisher of 4th Estate Reporters, Chief Njoku Macdonald Obinna,... Continue
Retired Deputy Inspector-General of Police (DIG), Frank Mba, has formally unveiled his law office,... Continue

UBA


Access Bank

Twitter

Sponsored