New Investments
Chargel raises $2.5m seed funding to revolutionize logistics in Francophone Africa
Senegalese logistics company Chargel has secured $2.5 million seed funding for Francophone Africa expansion.
The funding round was led by Logos Ventures, with the participation of Ventures Platform Fund, Foundation Botnar, DFS Labs, and Seedstars. Founded in 2018, Chargel is revolutionizing the trucking industry in Francophone Africa by seamlessly connecting shippers with the perfect transporters at competitive prices and managing everything from payments to fuel and insurance.
As part of its mission to simplify the logistics landscape, the innovative startup is creating the biggest trucking network in Senegal. This move is aimed at empowering shippers to find reliable transporters while helping transporters increase their operations’ efficiency by maximizing truck capacity
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Roam to Establish 10 Solar-Powered Electric Mobility Hubs in Nairobi with EU Funding
Kenyan electric mobility company Roam is gearing up to launch 10 additional solar-powered Roam Hubs in Nairobi, supported by funding from ENERGICA, an initiative under the European Union’s Horizon 2020 program.
Moroccan Recruitment Startup Kwiks Secures Funding From Azur Innovation to Streamline Hiring Process
Kwiks, a leading Moroccan human resources technology (HRtech) platform, has secured a significant funding boost of $827,000 from Azur Innovation Management (AIM).
d.light Secures $7.4 Million to Expand Solar Power Access in Nigeria
d.light, a leading provider of solar-powered solutions, has secured $7.4 million in financing to advance their Pay-Go service and broaden access to solar products for low-income households in Nigeria.
