More
    HomeEcosystem NewsCENTRAL AFRICACongolese Delivery Startup Noki Noki Secures $3 Million in First Funding Round

    Congolese Delivery Startup Noki Noki Secures $3 Million in First Funding Round

    Published on

    spot_img

    Noki Noki, a Congolese startup specializing in delivery and e-commerce, has successfully raised $3 million in its first funding round. The investment, led by Uma Ventures, marks a significant milestone for the company founded in 2021.

    Noki Noki, which translates to “quickly quickly” in Lingala, has rapidly expanded its operations across several African cities including Brazzaville, Pointe Noire, Dakar, Abidjan, and Libreville. The company plans to leverage the newly acquired funds to extend its distribution network to additional cities, enhance its service offerings, and solidify its presence in emerging markets.

    “We started this journey with a few motorcycles and a clear ambition: to revolutionize delivery and e-commerce on the continent,” said Jonathan Yanghat, founder and CEO of Noki Noki. “This funding round brings us closer to our goal of becoming a leader in last-mile delivery in Africa.”

    Noki Noki has been at the forefront of innovation, introducing various solutions to meet the growing demand for delivery services. The company has launched Noki Food for meal delivery, Noki Drive for grocery shopping, Noki Express for general deliveries, and Noki Pay, an integrated payment platform.

    The company’s growth aligns with the projected expansion of the African delivery market, expected to reach $80 billion by 2024, according to McKinsey’s “Future of Commerce: Outlook for 2024” report. This growth is fueled by factors such as the rise of e-commerce, rapid urbanization, and increased internet access across the continent.

    Noki Noki’s success story underscores the growing potential of the African tech ecosystem and the increasing investor interest in innovative solutions addressing local challenges. As the company embarks on its next phase of growth, it remains committed to its mission of providing efficient and reliable delivery services across Africa.

    A Look at Noki Noki

    Founded in 2021 by Jonathan Yanghat, Noki Noki is a leading last-mile delivery service provider in Africa, operating in six countries and eight cities. The company offers a wide range of services to businesses and individuals, including e-commerce delivery, cash on delivery, and return logistics. Noki Noki is committed to providing fast, reliable, and affordable delivery services to its customers.

    Key Details 

    • Headquarters: Brazzaville, Republic of the Congo
    • Focus: Delivery, e-commerce
    • Countries: 6
    • Cities/Markets: 8 including, Brazzaville, Pointe Noire, Dakar, Abidjan, Libreville (with plans for expansion) 8
    • Users: +10,000
    • Partners: +200
    Charles Rapulu Udoh has carved a niche at the forefront of Africa’s booming tech scene. With years of experience, Udoh has become a go-to expert for multi-million dollar deals in venture capital, private equity, and intellectual property across a vast landscape — from Delaware and New York to Singapore and South Africa. But his expertise extends beyond just the legalese. Udoh is also a corporate governance, data privacy, and tax whiz. An award-winning writer and researcher, he’s passionate about chronicling Africa’s startup story, cementing his position as a true pioneer in the field.

    Latest articles

    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    Correctly Predicted: The African Startup Ecosystem in 2024 as It Unraveled

    Beyond funding and closures, African startups faced a slew of challenges in 2024.

    Morocco’s Talaty Gains Strategic Investment to Expand AI-Powered Credit Solutions

    With SMBs comprising a significant portion of the economy in Morocco and Francophone Africa, access to credit remains a critical bottleneck for growth.

    Smollan Acquires South Africa’s Yebo Fresh to Drive Growth in Township Communities 

    “We’re on a mission to make it easier for local retailers to stock up on what they need, grow their businesses, and uplift their communities."

    More like this

    Alibaba Sets Up Operations in Morocco, Enabling Local Retailers to Expand Global Reach

    The launch of localized services is expected to significantly increase this number, providing Moroccan businesses with access to the world’s largest business-to-business (B2B) marketplace, which boasts 47 million active users globally.

    Correctly Predicted: The African Startup Ecosystem in 2024 as It Unraveled

    Beyond funding and closures, African startups faced a slew of challenges in 2024.

    Morocco’s Talaty Gains Strategic Investment to Expand AI-Powered Credit Solutions

    With SMBs comprising a significant portion of the economy in Morocco and Francophone Africa, access to credit remains a critical bottleneck for growth.