More
    HomePartner ContentLogistics Startup Logidoo Launches Tunisian Subsidiary as Part of Ambitious Pan-African Expansion

    Logistics Startup Logidoo Launches Tunisian Subsidiary as Part of Ambitious Pan-African Expansion

    Published on

    spot_img

    Pan-African startup Logidoo, with a vision to become the leading transportation platform from North to South Africa, has announced the launch of its subsidiary in Tunisia, according to 216 Capital Ventures. The company recently secured $1.55 million in funding to support its expansion efforts.

    Founded by Tamsir Ousmane Traoré, Logidoo aims to streamline parcel delivery to Africa while developing a digital platform that fosters connectivity among African markets through logistics. In a 2022 interview with Forbes Afrique, Traoré stated, “We aggregate all the players in the sector and organize them to create transport corridors connecting all the countries in the sub-region. Logidoo now enables any customer to move, clear customs, send products, rent trucks, or even store goods.” He further explained, “Logidoo enables businesses, merchants, and e-commerce companies to transport their goods securely while enjoying three competitive advantages. Firstly, they can compare prices based on the mode of transport; secondly, they can integrate customs clearance formalities; finally, they have the ability to track their operations online.”

    To date, Logidoo operates in six countries: Senegal, Morocco, Ivory Coast, Mali, Mauritania, and Guinea Conakry. As for its logistics corridors, there are four in total: Casablanca-Dakar, Casablanca-Bamako, Casablanca-Ivory Coast, and Senegal-Ivory Coast.

    The establishment of its Tunisian subsidiary marks a significant step forward in Logidoo’s mission to enhance transportation infrastructure across the continent. With its innovative approach to logistics, Logidoo is poised to play a pivotal role in driving economic growth and fostering trade within Africa.

    Latest articles

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.

    EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

    The transaction hands control of the startup to one of Egypt’s largest financial groups.

    More like this

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.