Nigerian logistics start-up Kwik hopes to feature an additional 500 partner vehicles following its expansion to Ibadan, one of the country’s fastest-growing urban areas and a key commercial city.
Having already raised $3.1 million from eight investors, Kwik is on a mission to rapidly expand its delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors. It promises delivery under 60 minutes amid increasing difficulties in moving goods around the city.
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Kwik founder and chief executive Romain Poirot-Lellig says, “The Lagos-Ibadan corridor is fast becoming the most dynamic industrial and commercial hub of West Africa thanks to improving infrastructure, unparalleled market depth and attractive local government policies. Kwik’s role is to ensure that all the moving parts can circulate effectively.”
In addition to its award-winning delivery service, Kwik is also launching its KwikStore feature in Ibadan. This is free-to-use online storefront tool that helps merchants automate their online sales and manage their inventory. Setting up an online store takes five minutes.
“E-commerce activities in Nigeria have continued to grow at a steady pace since 2015. More than 80% of Nigerians prefer to shop online from the comfort of their homes and have these products delivered to their doorsteps,” says Yinka Olayanju, Kwik’s chief operations officer.
“This rising trend in online activities has led to a steep increase in public spending as well as all-round economic growth, both of which require logistics support of the kind that Kwik Delivery is best-equipped to provide.”
Launched in 2019, Kwik has continued to evolve with new innovations, providing digital and logistics solutions to African B2B merchants and e-commerce social vendors in the fields of delivery, fulfilment, and payment. The Kwik platform is currently open to merchants and businesses operating all over Nigeria, with last-mile delivery available in Lagos State, Ogun State, Abuja FCT, and now also Ibadan city of Oyo State.