Logistics firm KOBO360 has won the Best e-Logistics Platform award at the Digital Tech 100 Awards 2022.
The Digital Tech 100 Awards are renowned for honoring and recognizing the top tech companies in Kenya that are producing ground-breaking technologies.
KOBO360, which originates from Nigeria, was first launched in Kenya back in March 2019. It is backed by key investors, including International Finance Corporation (IFC) and TLcom that have enabled the firm to make notable strides in terms of expansion across the continent. It also offers its services in other parts of Africa, including Togo.
The award follows great performance in the Kenyan logistics market.
The event was staged at Nairobi’s Movenpick Hotel. The show also rounded up notable players in the logistics industry, including stakeholders from local and international tech businesses.
KOBO360 participated in a category named Integrated e-Logistics Solutions Provider. It emerged as the winner after it helped pioneer and streamline cargo transportation in the nation.
So far, KOBO360 reports it has registered up to 50,000 truck owners on its platform. The number is impressive, and this has gone a long way in streamlining the fragmented e-logistics market with tens of players. One of its successes has been seen in the form of last-mile delivery in its markets.
Furthermore, KOBO360 says it serves more than 700 businesses in Africa. These include FMCG, Oil and Gas, Agriculture, and Maritime.
Besides providing the technology tools used for cargo transportation, KOBO360 also offers other services such as discounted diesel, tires, spare parts, and working capital. These value-added services are instrumental in allowing its transporters and drivers to boost their revenues.
One of its backers, International Finance Corporation (IFC), has helped KOBO360 drive innovation around cold chain storage for products such as agricultural produce. Cold storage is essential because it helps alleviate product wastage.
Launched back in 2018, KOBO360 has been on a path to expanding its turf. Other than the said Nigeria, Kenya, and Togo, the firm is also present in Uganda, Ghana, Ivory Coast, Burkina Faso, and Benin.
Speaking on this award, Akinmayowa Akinfolarin, KOBO360’s Regional Manager, East Africa region said,
“We are elated to be recognized and awarded the best e-logistics platform, and we are inspired to further support hundreds of multinationals who entrust their cargo to us.
KOBO is powering Africa’s supply chain using technology through a Global Logistics Operating System (GLOS), and creating the liquidity infrastructure required to boost trade and commerce across the region. Our goal is to simplify Africa’s logistics and supply chain.”