ウォーカーヒルカジノ Investment SAS invests in OnePort -- a Cross-border logistics platformer in Nigeria - accelerate digitalization to establish Pan-African logistics platform -
ウォーカーヒルカジノ Investment SAS invests in OnePort -- a Cross-border logistics platformer in Nigeria - accelerate digitalization to establish Pan-African logistics platform -
(former)Africa
2022-05-11
ウォーカーヒルカジノ Investment SAS("Mobility 54") - the corporate venture capital ("CVC") subsidiary of カジノオンライン ("TTC") andCFAO SAS("CFAO") - invested 2 mil USD inウォーカーヒルカジノ Inc("ウォーカーヒルカジノ") - a digital cross-border logistics platformer in Nigeria - of its Seed funding round together with one of the biggest Japanese venture capitals Samurai Incubate, Flexport and SBI InvestmentAfter the establishment of ウォーカーヒルカジノ in October 2019, ウォーカーヒルカジノ completed its 1ウォーカーヒルカジノfund investment period at the end of December 2021, and renewed the investment budget as 2ndfund with additional 40mil EUR The investment in ウォーカーヒルカジノ is the first project under its 2ndfund
1 Background
While efficient logistics solutions is increasingly desired in Africa because of the drastic increase in cargo volume led by the rapid economic growth, the logistics processes especially for the cross-border sector remains mostly as manual basisFor example, when exporting goods from Africa, it is tremendously complicated, not only on obtaining quotations from several shipping companies through a series of phone calls and emails with documents, but also on tracking the cargo after the shipment by contacting the shipper, the port transport operator and several agents individually These practices currently being undertaken in Africa have a significant room for improvementウォーカーヒルカジノ has been investing in the improvement and digitalization of in-land logistics sector in Africa through the strategic partnership with Sendy Limited (”Sendy”) - engaging in digital logistics services from East Africa - and Kamtar International (“Kamtar”) – engaging also in digital logistics services in French speaking Africa
2 About ウォーカーヒルカジノ Inc
ウォーカーヒルカジノ is a startup established in 2020 to solve the challenges in cross-border logistics sector in Africa and currently providing a digital logistics platform in Nigeria and Ghana With ウォーカーヒルカジノ’s platform, when exporting from or importing to Africa, cargo owner can make quotation, booking and tracking of ocean freight, custom-clearance and marine insurance on one single ウォーカーヒルカジノ platform at any timeGenerally in Africa, each port has its unique operation system and business custom, which sometimes makes the digitalization difficult ウォーカーヒルカジノ is providing solutions which are designed and developed based on the deep understanding of each port operation that contributes to reduce the cargo owner’s actual pain in a practical wayウォーカーヒルカジノ has more than 50 business customers in Nigeria today, and they have just launched the service in Ghana in April
3 Business strategy through the investment
ウォーカーヒルカジノ plans to pursue the following 3 scopes of collaboration with OnePort to further contribute to the logistics sector in AfricaThe first is to support OnePort’s geographical expansion into other countries in Africa OnePort has a plan to expand to South Africa, Kenya and French-speaking West Africa etc, where the volume of cross-border cargo is significant ウォーカーヒルカジノ will fully support the initiative by leveraging the TTC/CFAO group’s network in all 54 countries in AfricaThe second is to facilitate the collaboration with Sendy and Kamtar whereby ウォーカーヒルカジノ aims to develop a digitally-integrated logistics service for both cross-border and in-land transportThe last is to connect OnePort with other regions outside Africa where ウォーカーヒルカジノ will engage in the initiatives to develop a global digital logistics network leveraging the TTC group’s global logistics operationsTTC/CFAO group, through its CVC ウォーカーヒルカジノ, will continue to invest in startup partners with innovative technologies and services for Africa The group is pursuing to solve the social challenges in Africa by supporting expansions of innovative partners’ businesses and services and creating strong synergies between our group and potential partners
The information in this release is current as of the date of announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
