Nigeria’s OnePort 365 lands $5M to digitize freight management in Africa
https://techcrunch.com/2022/04/28/nigerias-oneport-365-lands-5m-to-digitize-freight-management-in-africa/
The global maritime industry oversees the movement and handling of over 800 million containers in various ports worldwide. Africa controls about 12% of this volume, with its clearing and forwarding market standing at almost $4 billion.
That said, Africa’s freight space is stuck with numerous challenges. Some include congestion at ports, opaque processes of service providers, fragmented payments, and low visibility and documentation.