Lori an e-logistics company based in Kenya has expanded to Nigeria. The firm will leverage this expansion to foster cross-border services across Africa.
Launched in 2016, Lori is known as the largest e-logistics provider in East Africa. The firm aims to easily connect cargo owners to transports in frontier markets. It provides value to clients across three areas; Technology, Operational Excellence, and Customer Service.
Lori has in the last 10 months carried out a successful pilot phase in Nigeria with top cargo companies like Olam, Honeywell Flour Mills, and Flour Mills Nigeria. Finally expanding into the continent’s largest market, Lori aims to leverage this opportunity to facilitate technology innovation, seamless operation, smart policy, and government partnerships to lower the cost of goods in Nigeria.
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Uche Ogboi, Lori’s Chief Operating Officer says the company aims to change cargo transportation across Africa, starting from the grass level.
Lori offers cargo owners reliability, as it works with well-vetted, verified and high-quality transporters. Lori leverages technology to package and deliver meaningful data that provides insights for better control. These tools enable tracking for goods on the journey. The firm also enables cost savings with better end-to-end coordination for transporters.
The platform offers its transporter partners, truck optimization and asset utilization for on-boarded trucks. It also grants the partners access to capital for fuel financing and insurance. Lori also grants them improved payment terms, in a bid to prevent delays that will hinder the trucks from getting on the road. Lori leverages proprietary systems and software for automatic invoicing, which in return relieve the administrative burden from its transporter partners.
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