Congolese Startup Noki Noki Secures $3 Million for Pan-African Expansion

Congolese Startup Noki Noki Secures $3 Million for Pan-African Expansion

Noki Noki Services, a Congolese logistics and last-mile delivery startup, is reaching new levels of success with a recent $3 million funding secured from Uma Ventures.

Founded by Jonathan Yanghat, Noki Noki has established itself as a leader in the Congolese market, processing nearly 1 billion CFA Francs (approximately $1.67 million) in transactions in 2023 alone.

This impressive track record combined with the fresh injection of capital positions Noki Noki for a dynamic pan-African expansion.

Fueling Growth: Investment Ignites Expansion Plans

The $3 million funding serves as a foundation for Noki Noki’s ambitious goals. The company plans to leverage these resources to boost its distribution network, innovate its service offerings, and solidify its market presence across Africa.

This strategic investment signifies Uma Ventures’ belief in Noki Noki’s potential to change the African logistics landscape. As Vinay Vaswani, a representative from Uma Ventures, clearly stated, “Noki Noki’s innovative approach and market leadership” were key factors in their decision to invest.

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Beyond Brazzaville: Noki Noki’s Continental Reach

Since its inception just three years ago, Noki Noki has demonstrated remarkable growth. The company has expanded beyond its initial footprint in Brazzaville and Pointe-Noire, Congo, successfully expanding its services to major cities like Dakar, Senegal; Abidjan, Ivory Coast; and Libreville, Gabon.

This rapid expansion highlights Noki Noki’s commitment to serving a broader African audience and bridging the gap in efficient delivery solutions across the continent.

Diversifying Services: A One-Stop Shop for Delivery Needs

Noki Noki understands that a diverse range of delivery needs exists. To cater to this variety, they offer a comprehensive suite of services under their umbrella.

From Noki Food, which delivers your favourite restaurant meals directly to your doorstep, to Noki Drive, a service that addresses transportation and errand-running needs, Noki Noki strives to be a one-stop shop for all your delivery requirements.

Their offerings extend further with Noki Express, providing a reliable and swift express delivery option, and Noki Pay, a convenient mobile payment platform that streamlines transactions within their ecosystem.

A Commitment to Innovation and Partnership

Jonathan Yanghat, CEO and Founder of Noki Noki, emphasises the company’s dedication to fostering innovation within Africa.

He expressed his gratitude to partners like Cabinet Gomes, OBAC CAPITAL, and YA CONSULTING for their unwavering support throughout Noki Noki’s journey. This collaborative spirit has undoubtedly played a crucial role in the startup’s success.

Award-Winning Excellence: Recognition for Pioneering Change

Noki Noki’s achievements haven’t gone unnoticed. They were crowned the Best Startup at the prestigious 2022 Osiane Fair, a testament to their innovative approach and impact on the market.

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Additionally, their commitment to growth extends beyond commercial success. In May 2024, Noki Noki joined the TotalEnergies incubator in Pointe-Noire. This strategic move not only fuels their own development but also contributes to the economic revival of the region.

Noki Noki’s story is an inspiring example of African creativity and entrepreneurial spirit. With a talented team, a clear vision, and the backing of strategic partners, Noki Noki is positioned to become a game-changer in the African logistics landscape.

Their commitment to innovation, pan-African expansion, and economic empowerment paints a bright future for the company and the continent as a whole.

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