Charting the way forward for logistics in Africa
Logistics in Africa is fragmented and heavily reliant on roads, with only 15% paved in Nigeria. However, investment in logistics startups on the continent is challenging as the sector is not seen as "exciting" compared to other tech sectors. Finance is another major issue, as logistics companies need to provide payment to micro-fleet owners before their next trip. In addition, coordination of drivers, fuel hikes, asset maintenance, and poor road systems pose challenges. Despite these issues, panelists at a recent conference expressed optimism about the outlook for logistics in Africa. They called for government support, financing, and infrastructure improvements.
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Charting the way forward for logistics in Africa
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