West African super app Gozem has raised US$30 million in Series B funding to accelerate its expansion and revolutionise digital services in Francophone Africa.
Founded in Togo 2018 as a moto-taxi service, Gozem has since expanded to Benin, Gabon and Cameroon, while developing its product into a super app that integrates various forms of ride-hailing, food and supermarket delivery, digital ticketing, vehicle financing, and digital banking.
Gozem has secured US$30 million in Series B funding, comprising both equity and debt, led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures.
The new funding will enable the company to expand further across West and Central Africa, enhance the transport experience by financing more brand-new vehicles for taxi drivers, and accelerate the launch of its innovative digital bank, Gozem Money.
“We are thrilled to welcome MSC Group and Al Mada Ventures as strategic investors. Their extensive experience in African logistics and financial services will be invaluable in scaling our super app and expanding into new markets. Having such industry leaders support Gozem is a strong validation of our vision,” said Gregory Costamagna and Raphael Dana, co-Founders of Gozem.
“Gozem is an exceptional company that aligns perfectly with MSC Group’s dedication to Africa and its focus on developing innovative mobility and logistics solutions to boost trade. We are happy to accompany them on their journey and look forward to collaborating in the markets we both share across West and Central Africa.” said Diego Aponte, MSC Group president.
