Noki Noki, a leading logistics startup from the Congo, has secured $3 million in seed funding to expand its innovative food delivery and supermarket shopping services across Central Africa. This significant investment, led by Uma Ventures, highlights the growing confidence in Congolese startups, which have been pivotal in driving the region's economic growth.

Key Highlights:

• Expansion Plans: Noki Noki aims to scale operations in its current markets and enter new ones, including the Democratic Republic of Congo (DRC).
• Impressive Growth: The startup recorded over 1 billion CFA francs ($167 million) in transactions in 2023, serving more than 10,000 users.
• Innovative Services: Noki Noki offers three primary services: Noki Food (meal delivery), Noki Drive (supermarket shopping), and Noki Pay (integrated payment interface).

“We started the journey with a few motorcycles and a clear ambition: to revolutionize delivery and e-commerce on the continent. This funding brings us closer to our goal of becoming a reference in last-mile delivery in Africa,” said Jonathan Yanghat, CEO and co-founder of Noki Noki.

Competitive Landscape:Noki Noki is competing with other logistics startups like Wikko, Vanoma, and Sualoo in the rapidly growing last-mile delivery market in Central Africa. This market is expected to grow annually by 8.45% and generate $2.35 billion by 2030.

Investor Confidence: “Jonathan Yanghat and his team have demonstrated a keen understanding of the sector’s needs and an ability to thrive as market leaders. Their vision coincides with our strategy of building tech-enabled infrastructure, which is why we are proud to accompany them in their growth,” said Vinay Vaswani, founder of Uma Ventures.

Noki Noki’s significant funding round marks a major milestone for the startup as it continues to innovate and lead in the logistics space across Central Africa. 🌍🚀

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