Professional Relocation

Entrepreneurial

Movemeback African oppportunity location Togo

Lori Systems - Country Operations Opportunity Movemeback African opportunity cover image

About Lori Systems

Lori is a venture-backed start-up building the cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US).

 

Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed significantly improved flexibility, reliability, and cost savings (savings upwards of 18%). The company has experienced 30% month-over-month compounded growth since product launch in May 2017.

 

The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won TechCrunch’s Battlefield Africa.

 

The Lori team of ~60 employees is led by nerds obsessed with revolutionizing logistics in Africa:

  • Josh Sandler, CEO: industrialization + logistics work, Harvard MBA/MPA-ID, South African native
  • Gichini Ngaruiya, CTO: Y Combinator, co-founder/CTO of E la Carte (raised $50mm+), MIT CS, Kenyan native
  • S. Andrew Musoke, CCO: VP (Sales) at JP Morgan; United Tech; Harvard MBA, Ugandan native
  • Fredrik Johansson, COO: former COO of $80mm Swedish supply chain co, MSc in Eng (thesis in Tanzania)

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