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
