Tasmir Ousmane Traore, Founder and CEO of Logidoo, assures that the funding will see the logistics startup develop innovative AI solutions that will significantly improve efficiency, transparency, and affordability within the African logistics market.
Founded in 2019, Logidoo’s long-term plan includes establishing a highly efficient network, reducing operational costs and transit durations, and improving customer satisfaction.
The company expects these improvements to empower African businesses to expand into new markets across the continent.
Earlier in the year, the logistics startup raised $1.55 million in seed funding from a consortium of venture capitalists, Including Nigeria’s Founders Factory Africa, to expand its logistics solutions to Senegal, Morocco, Ivory Coast, and Tunisia.
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