Showing 1 results for:


by Topic

All results

African Supply Chain Sote Raises $3M Seed Round to Build Digital Logistics Infrastructure For Continent

Global logistics — which is the process of managing the flow of goods through the supply chain — is a trillion-dollar industry that’s in dire need of a technological overhaul, with Africa nearing the top of the list. Africa plays a huge role in transporting goods all around the world and requires a great deal of coordination between commercial and government sectors. As the logistics system spans across languages, borders and customs, it also requires much assistance from a host of tech-based platforms as well. Thanks to the business model of African supply-chain-focused company Sote , the continent’s narrative of being a rising global competitor has potential to grow as it ushers itself more into the tech space. The company — co-founded by Felix Orwa and Meka Este-McDonald — has launched Africa’s first licensed tech-enabled customs clearing and forwarding service in order to build its digital logistics infrastructure up. Moreover, today Sote announced that it has raised a $3...

Njera Perkins

Nov 12, 2020