June 16

IFC and Super App Gozem Have Signed a Partnership Deal Worth $10 Million

By Grace Ashiru

Following the signing of a partnership worth $10 million between the International Finance Corporation and Super app Gozem 6,000 moto-taxi drivers in the countries of Benin and Togo will now have access to vehicles financing

Because of this, moto-taxi drivers now have the opportunity to buy or rent electric bikes, with the end goal of increasing the amount of money they bring home.

Only gasoline-powered motorcycles are this vicinity’s most common form of public transportation. Through this partnership between IFC and Gozem, motorists will also learn about the advantages of riding electric motorcycles, which can significantly reduce carbon emissions.

Photo courtesy of Jorge Cancela.

Source: techinafrica (link opens in a new window)

Finance, Technology, Transportation
financial inclusion, partnerships, transportation