Blog – Friday May 13, 2022

UM6P Ventures is thrilled to announce its new investment in Logidoo, alongside diverse local and international VC investors.  The Startup was founded in 2020 by Tamsir Ousmane, with a mission to create trade corridors between African countries by providing fast, reliable, secure and affordable logistics. 

Logidoo is a digital platform that connects African markets using intelligent logistics to overcome the lack of traceability and tariff barriers.  The platform provides a door-to-door logistics, shipping, and delivery services by optimizing the supply chain and integrating all the stakeholders into one digital solution.  The solution developed by Logidoo’s team solves a major challenge in logistics industry in Africa – cost. Logistics are costly in Africa and are almost 3 times more expensive than average costs in other parts of the world, mainly due to non-existent corridors, complex customs, uncontrolled costs, delays and lack of infrastructure.

The funds raised will help the logistics startup reach key milestones, namely scaling up and reinforcing its operations in Morocco and the Ivory Coast, developing a franchise network in Africa and focusing on the technological development of its e-commerce application.

In addition to the capital provided, UM6P Ventures intends to support Logidoo in many ways.

The fund will facilitate access to 1337 School’s best talent to strengthen Logidoo’s application.

The startup will also leverage on OCP Africa network and supplychain expertise to scale its Business Model on the targeted countries.