This archive report was first published on 1 October 2019.
October 1, 2019, marked a significant milestone for Kenyan e-Logistics company Lori as it officially announced its expansion to Nigeria.
Founded in 2016, Lori is the largest e-Logistics service provider in East Africa, with a mission to seamlessly connect cargo owners to transport in frontier markets.
Over the past 10 months, Lori has completed a successful pilot in Nigeria with top cargo companies, including Olam, Honeywell Flour Mills, and Flour Mills Nigeria.
As Africa's largest single market, Nigeria faces challenges with a congested port and a shortage of transport options, making Lori's expansion a massive opportunity to facilitate and connect technology innovation, smart policy, and government partnership to lower the cost of goods.
“Lori is at the forefront of revolutionizing cargo transport across Africa from the ground up,” said Uche Ogboi, Lori Chief Operating Officer.
“Our mission in Nigeria is to create a more efficient logistics experience for cargo owners who are burdened with the task of moving their goods across the country. We have successfully created a digital platform to enable the movement of goods through a transparent supply chain management system that is affordable, reliable, and flexible,” she added.