Warning: count(): Parameter must be an array or an object that implements Countable in /usr/www/users/liquiggmcb/wp-includes/post-template.php on line 284

Kobo360 Raises $20m in Funding Led by Goldman Sachs

 In news

Nigerian freight logistics startup Kobo360 raised $20m in a Series A funding led by Goldman Sachs, TechCrunch reports, citing CEO Obi Azor.

* Raised $10m in working capital financing from Nigerian commercial banks;
* Company will use funds to upgrade platform and expand to 10 countries beyond Nigeria, Togo, Ghana and Kenya;
** Final decision on countries will be made by 1Q 2020;
* Goldman Sach confirmed to TechCrunch that it led funding;
** Executive director Jules Frebault said Kobo360’s business model is “replicable across multiple geographies” on continent. Source: Bloomberg

Recent Posts
Showing 2 comments
  • g then

    Definitely believe that which you said. Your favorite justification seemed to
    be on the web the simplest thing to be aware of.
    I say to you, I certainly get annoyed while people think about worries that they plainly do not know about.
    You managed to hit the nail upon the top and also defined out the whole thing without having
    side-effects , people could take a signal. Will probably be back to get more.

  • g rsacwgxy

    It’s remarkable to pay a visit this site and reading the views of all mates on the topic of this paragraph,
    while I am also zealous of getting experience.

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text.

Start typing and press Enter to search