Haul247’s tech is transforming efficiency in logistics
Throughout Africa, getting products from point A to point B is filled with hurdles, resulting in huge delays and (financial) losses for both buyers and sellers. Haul247’s technology provides the foundation for more efficient logistics, starting in Nigeria.
Impact Indicators
151,000 m2
Warehouse space available
85.2 million kg
Goods transported
36
Active states in Nigeria
Making shipping easy, fast, and safe
As with the rest of sub-Saharan Africa, many Ugandans struggle to access basic financial services. Since the launch of their company in 2017, the Agent Banking Company of Uganda (ABC) has been working to improve access to quality and affordable financial services through their shared technology infrastructure.
Why Goodwell invested
ABC’s Shared Agent Banking System aligns well with uMunthu II’s financial inclusion thesis: their technology is making both providing and using financial services easier for everyone in the supply chain. Banks benefit from lower set-up costs, agents are able to expand their offerings, and customers have access to affordable, convenient banking services.
Recent achievements and future ambitions
Since their foundation in 2020, Haul247 has rapidly expanded their reach across Nigeria, and are now operating in nearly every state. Their easy-to-use platform has resulted in new collaborations between regional providers and global brands, delivering cost reduction, improved efficiency, and greater sustainability in the wider logistics supply chain.
How Haul247 is transforming haulage, with founder Sehinde Afoyalan
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“We provide a platform where we connect manufacturing companies and farmers to available trucks and warehouses. We help farmers reduce post-harvest losses, help truck owners improve asset utilisation, and help manufacturers reduce operating expenses.”
Sehinde Afoyalan, founder Haul247