West Africa: Sendy, Mobility 54 and Saviu Ventures back digital logistics platform

Sendy Limited and Mobility 54 (the corporate venture capital subsidiary of Toyota Tsusho and CFAO) will participate in the series A funding of Kamtar alongside the venture capital firm Saviu Ventures.

Kamtar is a major digital logistics platform in French-speaking West Africa – established in 2018 – directly connecting consignors of goods (i.e. construction companies, consumer goods manufacturers, e-commerce operators, etc) and logistics operators. Over 5,000 drivers are registered on the platform.

Kamtar’s digital platform enables efficient delivery operations, as well as cost reduction, by eliminating intermediaries and negotiation in terms of delivery services that the consignors and operators had to tackle each time on a case-by-case basis.

The company already operates in Côte d’Ivoire and Senegal, while planning to expand into other countries by the end of 2022 under the partnership with Sendy and Mobility 54.

Sendy’s investment and partnership with Kamtar is in accordance with its long-term strategy to become a pan-African logistics platform. While Sendy will bring its deep tech expertise and its larger range of services to reinforce Kamtar’s operation and scaling in West Africa, Kamtar will also bring its large customer network in French-speaking West Africa.

Through Mobility 54’s participation, Toyota Tsusho/CFAO group is committed to support both Sendy’s pan-Africa expansion and Kamtar’s product development operationally and financially. The group will also engage in increasing the use of Kamtar/Sendy’s logistics services by leveraging its vast network in French-speaking West Africa in the automotive, consumer goods and retail sectors in order to generate win-win synergies.

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