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TOUR Drive NG

Location

Nigeria

Sector

Urban Logistics

Stage

Implementation
Overview

We move individuals and delivers goods from point A to B, employing our in-house fintech solution for simple transactions.

• Rapid adoption: Over 30% of rides paid for via in-app wallet within a 2-week test launch
• User base: A network of 4000 registered users and 9000 drivers
• Strategic alliances: Established partnerships paving way for future growth

Investment Needs

$950 000

Investment Project Type:

Private

Invested Value to Date:

$50 000

Funding Gap:

$950 000

Climate Classification:

Mitigation

Why Investing

1
Positive Impact on Society
Investing in this venture will create numerous jobs, stimulate economic growth, and provide safer, more efficient, and reliable transportation. The expansion of transportation networks will improve market access, reduce costs, and enhance supply chain reliability, benefiting millions of people and businesses.
2
Rapid Increase in Total Addressable Market (TAM)
Africa's urban population, currently over 570 million and growing rapidly, presents a vast market for transportation and logistics solutions. This urban growth drives significant demand for advanced systems, offering substantial market potential and robust returns as urbanization continues.
3
Team with Strong Expertise
The venture is led by a team with extensive expertise in transportation and logistics, ensuring strategic decision-making and effective execution. Their proven track record and deep industry knowledge enable them to develop innovative solutions tailored to the African market, guaranteeing success and sustainability.
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