kobo360 News of 11/15/19
African Logistics Startup Lori Systems Raises Series A Led By Chinese Investors
African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Other participating investors included Nigeria and U.S.-based EchoVC , Flexport CEO Ryan ...
Africa Roundup: Goldman Backs kobo360, Rwanda Commits To EVs, Interswitch IPO Update
Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers ...
Nigerian Logistics Startup kobo360 Raises $30m Backed By Goldman Sachs
Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers ...
Y Combinator-Backed Trella Brings Transparency To Egypt’S Trucking And Shipping Industry
Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from Y Combinator’s attention than startups from emerging markets ...
Africa’S Ride-Hail Markets Are Hot Spots For Startups And VC
When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer ...
Seven Africa-Focused Startups Present At Y Combinator’S Demo Day
The seven African-focused companies which presented as part of Y Combinator’s 200 strong cohort of Winter 2019 class of 200 startups may seem like a small percentage for such a large class, but it represents the growing significance of African ...
Nigerian Logistics Startup kobo360 Raises $6m, Expands In Africa
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa . More posts by this contributor SimbaPay launches Kenya to China payment service over WeChat ...