The funding will be used to develop and promote artificial intelligence (AI) solutions designed to streamline logistics processes across Africa.

The digital platform aims to leverage the investment to simplify transactions, optimize transportation routes, and enhance overall efficiency within the continent’s logistics sector.

This is expected to reduce costs and delivery times and improve accessibility for businesses of all sizes.

Tasmir Ousmane Traore, Logidoo’s Founder and CEO, expressed optimism about the grant, stating that it will enable the development of innovative AI solutions to address the challenges faced by the African logistics industry.

The company intends to utilize the funding to build intelligent algorithms capable of optimizing delivery routes, minimizing fuel consumption, and automating routine tasks.

Founded in 2019, Logidoo has consistently demonstrated its commitment to transforming the African logistics landscape.

Earlier this year, the startup secured $1.55 million in seed funding to expand its operations into Senegal, Morocco, Ivory Coast, and Tunisia.

With the new AI-driven initiatives, Logidoo is targeting a 20% reduction in delivery times, a 15% decrease in operational costs, and a 95% on-time delivery rate.

The company also plans to expand its services to 10 additional African countries within the next two years and double its customer base.