Logistics startup Logidoo secures $50,000 to build AI-powered solution
Techpoint Africa | Osamu Ekhator - Jul 17, 2024
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- Logidoo, a Pan-African logistics startup, has received a $50,000 grant to develop AI solutions for Africa's logistics market.
- The funding will be used to simplify transactions, streamline transport operations, and make logistics processes across Africa more efficient and accessible.
- Logidoo plans to reduce delivery times by 20%, cut operational costs by 15%, and increase on-time delivery rates by up to 95%.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The funding received by Logidoo is a positive development for the African logistics market. The use of AI solutions has the potential to greatly improve efficiency, transparency, and affordability in the industry. Logidoo's ambitious targets and plans for expansion demonstrate their commitment to driving economic growth in Africa.
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