Quick commerce startup Glovo boosts African operations
Spanish on-demand delivery venture, Glovo, has expanded in Africa, to include Ghana and Tunisia, bringing its operations to a total of seven countries on the continent.
As. a result, an estimated 6.5 million more people will be able to access its app.
Glovo’s investment in the region to date is worth a combined total of $30 million and the company expects to invest an additional $60 million over the next 12 months.
The app is now available in Morocco, Uganda, Kenya, Ghana, Côte d'Ivoire and Nigeria, bringing its services to more than 40 cities, more than 300,000 users, 8,000 restaurants and 12,000 couriers.
Glovo, which was founded in Barcelona during 2015, initially launched operations in Accra in Ghana earlier this year, with the city of Tema following last month and it expects to go live in Tunis in Tunisia this October.
Following its other acquisitions earlier this year in Central and Eastern Europe, Glovo has increased its operations to 23 countries, with its presence in Africa accounting for more than 30% of its geographical footprint.
During the initial phase of its new expansion, it plans to double its number of employees and add another 200 employees across the region by the end of 2022.
Sacha Michaud, Co-founder, Glovo, says: “We couldn’t be more excited to be expanding our services in Africa. Our vision is to give everyone easy access to anything in their city and our platform is at it’s best when it is connecting users and businesses, most of which are local restaurants and independent stores.”
“We believe there’s a huge opportunity in these countries to help accelerate digitalisation and meet the rising demand for online shopping and deliveries, and we are working hand-in-hand with our local partners to market and deliver their goods to new users through the app.”
