Kwik Delivery eyes expansion in Abuja
Kwik Delivery is planning to expand outside Lagos after completing a $2 million fundraising.
January 04, 2021: Kwik Delivery is planning to expand outside Lagos after completing a $2 million fundraising, CEO Romain Poirot-Lellig informed The Africa Report.
Abuja is the first Nigerian city on the list, and the operation is expected to begin by the end of January. He suggested a possible expansion outside Nigeria, which may be Accra.
The fundraising was divided equally between Nigerian and international investors. The money raised will be enough for the time being, Poirot-Lellig noted.
Poirot-Lellig set up Kwik in Lagos in June 2019. The company provides B2B and B2C deliveries, with parcels varying from pharmaceutical products and food during lockdown to spare parts for cars, cosmetics and hair extensions. Having started off with motorbikes, the company in November started truck deliveries.