OnePort 365, a digital freight forwarding firm based mostly in Nigeria that makes it simpler to switch cargo to, from, and inside Africa, has raised $5 million in seed funding to assist it speed up the end-to-end digitization of freight administration in Africa and broaden into different markets.
Mobility 54, Toyota Tsusho’s enterprise capital arm, and CFAO Group led the spherical, which included SBI Funding, Flexport, ODX, a Singaporean syndicate fund, and different strategic angel traders. After collaborating within the earlier spherical, Samurai Incubate re-invested.
OnePort 365 has created a freight forwarding platform that enables merchants to maneuver cargo effectively and conveniently to, from, and inside Africa, whereas sustaining full transparency, visibility, and management, lowering prices and eliminating effort and time inefficiencies related to conventional provide chain administration strategies.
“We’re ecstatic to have these traders on board to assist us obtain our objective of bettering cross-border enterprise throughout the continent.” We wish to make it simpler for companies to make the most of new laws just like the Africa Continental Free Commerce Settlement, which have the potential to usher in a brand new period of commerce on the continent. “We consider that managing freights needs to be so simple as shopping for a flight or ordering a ride-hailing service, and we’re engaged on the working system to make that occur,” stated Hio Sola-Usidame, CEO and founding father of OnePort 365.
The startup is creating an working system for cross-border buying and selling in Africa, with lively operations in Nigeria and Ghana.
