A Kenyan e-logistics company, Lori, has joined the Nigeria market in a bid to cement its footprint across Africa.
The Chief Operating Officer, Uche Ogboi, said Lori’s mission was to reduce the high cost of transportation of goods, which was up to 75 per cent of the cost of products in some countries across Africa.
Ogboi said the company aimed to achieve this by eliminating the challenges encountered by customers along the cargo journey with new technologies and superior user experience.
”This expansion presents a massive opportunity for Lori, as the company seeks to facilitate and connect technology innovation, smart policy and government partnership, and seamless operations to continue to lower the cost of goods.
”As Africa’s largest single market, Nigeria faces challenges with a congested port and a shortage of transport options.
”In July, Lori announced the appointment of new global leadership to drive the company’s expansion efforts across Africa.
”Lori is at the forefront of revolutionising cargo transport across Africa from the ground up,” said Ogboi.
She said as a digital marketplace and eLogistics service provider, Lori caters for clients in three key areas: Technology, Operational Excellence, and Customer Service.
She said the technology tools also allowed for better tracking with greater context for goods in transit.
”Ultimately, cost savings is achieved directly and indirectly with better end-to-end coordination with transporters,” she said.
Lori Systems is a Pan African e-Logistics company commenced operations in Kenya in 2016 using smart technology for transportation of goods within Africa.
The Central Bank of Nigeria (CBN) says financial institutions and organisations must embra…