Logidoo secures $1.55 million in seed funding, led by 216 CAPITAL, to expand its innovative logistics marketplace across five African countries.

Target Information

Logidoo, established in 2020, is an innovative logistics startup based in Senegal that specializes in creating commercial corridors throughout Africa. Founded by logistics expert Tamsir Ousmane Traoré and 3PL specialist Mohamed Alaoui, Logidoo leverages over 35 years of combined experience in the logistics sector. The company aims to address significant challenges within Africa's logistics landscape, which is often marked by high costs, complex customs processes, delays, and inadequate infrastructure.

Logidoo has rapidly expanded its presence, onboarding over 3,000 logistics providers and serving more than 400 clients across eight African countries. The startup covers the entire logistics value chain, integrating participants from both formal and informal sectors. With its comprehensive solutions, Logidoo currently operates as a role 5PL cross-border provider, positioning itself uniquely within the market.

Industry Overview in Africa

The logistics industry in Africa faces critical challenges in comparison to regions such as Asia and the European Union. Currently, the continent struggles with a low intra-continental trade index, underm