dark

Breaking News: Gozem’s ride-hailing service goes live in Gabon, with Cameroon and DR Congo in view

Is there a ride-hailing service in Gabon? Yes, Gozem just launched there this week. Founded in 2018 by Emeka Ajene and Raphael Dana, Gozem operates an app that offers transportation, logistics, e-commerce and financial services in primarily-francophone African countries.  Gozem is aiming to be the super app for Africa and is modelled after the success…
Breaking News: Gozem’s ride-hailing service goes live in Gabon, with Cameroon and DR Congo in view

Is there a ride-hailing service in Gabon? Yes, Gozem just launched there this week.

Founded in 2018 by Emeka Ajene and Raphael Dana, Gozem operates an app that offers transportation, logistics, e-commerce and financial services in primarily-francophone African countries. 

Gozem is aiming to be the super app for Africa and is modelled after the success of Gojek and WeChat in Southeast Asia and China respectively. While it is only one of many super app candidates in Africa, geographic expansion is a signal of strong intent. 

Until the rollout in Gabon, Gozem was only available in cities across Togo and Benin, offering motorcycle taxis, tricycle taxis, and delivery of groceries, gas bottles, and meals. 

The company says it has more than 500,000 registered users who have completed more than 2.5 million trips since inception.

Gabon will be Gozem’s first operation outside of West Africa. The Central African country’s population is under 2.5 million with almost 75% under the age of 30.

gozem_gabon
Screenshots of the Gozem app. Image source: Gozem.

The ride-hailing feature is the only service Gabonese users will find on the app at the moment and it is only available in Libreville, the capital city. 

“Our immediate focus is on providing a high-quality, reliable taxi service in that city, and then expanding the range of services we offer to Libreville’s population,” Ajene, Gozem co-founder and CEO, said to TechCabal.

Launching a taxi service in Gabon helps the company “diversify away from our beginnings as a 100% motorcycle-taxi oriented platform.”

With Libreville in the mix, Gozem now operates in 10 cities across West and Central Africa. Ajene notes that most are not capital cities. 

“We’ve developed an in-house capability to operate effectively in secondary cities in the region and there are one or two additional cities that you might ultimately see Gozem operating in in Gabon,” he said.

One point of curiosity in this expansion is that Gabon is a smaller country by population compared to Togo (~8 million) and Benin (~ 12 million). Ajene acknowledges that but explains that purchasing power is another consideration that bears on expansion plans.

“Gabon is quite attractive as it’s a wealthier country as measured by GDP than our existing markets, and it’s significantly wealthier as measured by GDP per capita,” Ajene said. 

Indeed, Gabon’s 2020 GDP per capita was estimated to be $7,185, more than thrice the sum of Benin’s $1,259 and Togo’s $690.

Gozem’s ride-hailing offering will work in Gabon like a standard app-enabled taxi booking service. Users download, sign up and input their destination to request rides. Driver accepts and the fare is calculated by distance. Users can pay in cash, with Airtel Money or Moov Money, or by credit card.

Raphael Dana, Gozem co-founder, says the launch responds to the needs of the Gabonese population and aligns with Gozem’s long-term plan to organise transport and commerce in Africa around the ongoing smartphone and internet revolution.

“Our ambition is to consolidate our status as the premier super app in Africa, and this expansion to Central Africa, our first foray outside of West Africa, also allows us to prepare our upcoming expansion to Cameroon,” Dana said. 

The expansion to Cameroon is on the calendar for this year; DR Congo is also being explored. Beyond moving into new countries to enable taxis however, Gozem plans to make its other verticals compete with incumbents in the markets they currently operate.

“We have robust food & e-commerce delivery verticals, we’re beginning to see a significant impact coming from our vehicle financing vertical as well, and our plans for our full-service wallet are still on track,” Ajene said.

Read this next

bolt_driver_nigeria

Some Nigerian users of Bolt, the private taxi ride-hailing service, have been raising some alarm.  From Monday evening through Tuesday morning, suggestions that Bolt drivers were aiding the Nigeria Police in capturing protesters surfaced on Twitter, becoming a top trend.  The anxiety has been amplified by the ongoing protests against SARS – the Special Anti-Robbery […]

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post
Breaking News: Carry1st’s payments solution for gaming spurs $6 million Series A

Breaking News: Carry1st’s payments solution for gaming spurs $6 million Series A

Next Post
Breaking News: Sending money out of Africa is a chore – Lemonade Finance wants to make it sweet

Breaking News: Sending money out of Africa is a chore – Lemonade Finance wants to make it sweet

Related Posts
Breaking News: Mono receives $2 million investment from Kuda CEO, Lateral Capital, others

Breaking News: Mono receives $2 million investment from Kuda CEO, Lateral Capital, others

Nigerian financial data startup Mono has raised a seed round of $2 million from a number of investors including Entrée Capital and Lateral Capital.  Babs Ogundeyi, co-founder and CEO of Kuda; Gbenga Oyebode, partner at The Continent Venture Partners; and Eric Idiahi, co-founder and partner at Verod Capital, also invested according to TechCrunch. Mono was…
Read More
Breaking News: Appzone raises $10m in Series A to extend its banking technology across Africa

Breaking News: Appzone raises $10m in Series A to extend its banking technology across Africa

Appzone, a Nigeria-based company that builds technology for banks, has raised $10m in a Series A round. The funding was led by CardinalStone, an investment banking firm in Nigeria. V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures also participated, the company said. Appzone was founded in 2008 by current CEO Obi Emetarom…
Read More