Fulfil Africa’s Post

Dear Investors, Stakeholders & Partners, We are very excited to share our JAS ‘24 update on our progress at Fulfil Africa! As always, your continued support and investment in our vision for revolutionizing the logistics industry has remained invaluable and consistent. Key Achievements: Market Penetration: We launched our Jos operation in Q2 in line with our expansion strategy in addition to strengthening our middle belt and northern regional operations thereby increasing our footprint in the country to better serve our Nigerian clients. Technology Integration: Our integrated tracking and analytics platform (Phase #1) launched in Q1 continues to deliver operational efficiencies. We are on track to expand the solution to more last mile and line haul service clients. Fleet & Warehouse Expansion: Our planned fleet and warehouse expansion for H2 was rescheduled until Q1, 2025 behind client demand softness and Fx challenges. We continue to maximize the current fleet and warehousing footprint as we provide our clients with exceptional service resulting in Q3 daily peak shipment growing ~2X vs Q1. Sustainability: We launched a Diesel to CNG conversion service in line with our commitment to sustainability and expect the ilot to conclude in Oct/Nov. Ahead of rollout in Nov./Dec. 24. Talent Acquisition: We expanded our service offering to tackle the growing challenge of trained and qualified logisticians in the market by launching a logistics talent training, recruiting and outsourcing service. Our clients are reporting positive results from our initial batch of ~250 associates deployed after the pilot.  We look forward to strengthening and expanding this new service in line with our mission to provide E2E services. Financial Highlights: Revenue: Topline grew 2X per Qtr. (7X vs Q4, 2023) as we continue to execute our strategic initiatives, expand our customer base, service offerings and grow market share. We are working to deliver a 3X per Qtr. growth in 2025. Margins: YTD margins remain flat at break-even reflecting sustained cost management efforts and operational efficiencies offsetting significant NGN forex & diesel pricing headwinds YTD. We project to grow EBIT to positive single digits in 2025 (vs previous plan of H2) from current breakeven. This is in line with our commitment to delivering long-term profitability, and sustainable growth. Investment Allocation: 100% of raised capital in H1 was committed to technology development, and new product launches in line with our strategic plan. We anticipate our next raise in Q1, 2025 to support our growth ambitions. We would appreciate your support to introduce us to either a potential client or/and asset provider within your network. Thank you for your unwavering support and confidence in Fulfil Africa.      Warm regards,  Oluwaseyi Onasanya (CEO, Fulfil Africa) for the team!

What is happening in Europe's logistics sector? Logistics is currently one of the most important sectors for M&A Activity and consolidation on Dealsuite. We are proud to announce our first European sector monitor on the Transportation & Logistics sector. This report brings together extensive research on M&A activities within the sector, along with other data and insights. Time to thank our great partners and contributors: Craig Headford, CEO at Freight Mergers United Kingdom, Stephan de Groot, Manager M&A at Alfa Consultants Netherlands, Jan Mateńko, Managing Director at FIDEA Corporate Finance Poland and Cees van Vliet, Director / Co-owner at IMAP Netherlands. Some of the report's outcomes are: • 4 out of 10 deals involve a foreign buyer. • The average EBITDA multiple for the Automotive, Transportation & Logistics sector is 4.03. • 10% of all transactions were closed in the Automotive, Transportation & Logistics sector. To find out more, please have a look at the report: https://lnkd.in/eGbSV772 #transportandlogistics #mergersandacquisitions #ebitdamultiple #sectormonitor

Explore how Budget 2024-25 is set to bolster logistics infrastructure with a focus on multimodal connectivity, as discussed by our Chief Financial Officer, Deepal Shah. Gain deeper insights into the strategic implications and potential industry impacts of this forward-looking approach. Click on the link below to know more about this significant development: https://bit.ly/3Ww0Rfd #budget2024 #logistics #supplychain #infrastructure #allcargogroup

Explore how Budget 2024-25 is set to bolster logistics infrastructure with a focus on multimodal connectivity, as discussed by our Chief Financial Officer, Deepal Shah. Gain deeper insights into the strategic implications and potential industry impacts of this forward-looking approach. Click on the link below to know more about this significant development: https://bit.ly/3Ww0Rfd #budget2024 #logistics #supplychain #infrastructure #allcargogroup

Enhance your business growth with Supply Chain Finance At Fifo Capital (Ireland) Ltd, we are dedicated to supporting the growth and resilience of small and medium-sized enterprises (SMEs) across Ireland. Our Supply Chain Finance solution is tailored to help businesses effectively manage their cash flow, ensuring they can maintain supplier relationships, defer payments to better times, and ultimately strengthen their credit profile. This financial tool not only frees up essential capital for growth but also improves competitiveness in the market. To explore how Supply Chain Finance can make a significant difference in your business, navigating financial challenges with ease and opening up new opportunities for expansion and stability contact Declan Devlin today #SupplyChainFinance #SMEs #BusinessGrowth #FifoCapitalIreland

🚛 £1 Billion UK Logistics Investment at Risk! 💼 A major logistics firm is threatening to pull its £1 billion investment in the UK after a dispute with the UK Transport Secretary. This could have major consequences for infrastructure development, job creation, and global supply chain efficiency in the logistics sector. 💡 Quick tip: Public-private partnerships and sustainable investments are crucial to securing the future of UK logistics. 💬 How do you see this affecting the logistics industry? Let’s discuss in the comments below! Read More: https://lnkd.in/dXA6FWN7 #Logistics #UKInvestment #SupplyChain #InfrastructureDevelopment #SustainableLogistics #TransportSector #LosisLink #FreightIndustry

Understanding Per Ton Per Kilometre (PTPK) in Africa Road Logistics: An Essential Guide for Logistics Buyers???? In the dynamic world of road logistics, especially in Africa, cost management and pricing transparency are critical. One of the most important metrics used to evaluate and determine the cost of road transport services is Per Ton Per Kilometre (PTPK). For logistics buyers, understanding this metric is essential in order to make informed decisions, optimize supply chains, and control logistics costs. This guide provides an overview of PTPK in the context of African road logistics, its significance, and how buyers can leverage it to their advantage. # What is Per Ton Per Kilometre (PTPK)? Formula: PTPK=Total Cost of TransportTotal Distance Traveled×Weight of Goods (in tons)\text{PTPK} = \frac{\text{Total Cost of Transport}}{\text{Total Distance Traveled} \times \text{Weight of Goods (in tons)}}PTPK=Total Distance Traveled×Weight of Goods (in tons)Total Cost of Transport * Total Cost of Transport includes all direct and indirect costs involved in the transportation process, such as fuel, labor, vehicle maintenance, tolls, and any additional charges. * Total Distance Traveled is the distance the cargo will be moved from its origin to its destination. * Weight of Goods is the total weight of the shipment, typically measured in tons. 1. Cost Efficiency and Budgeting 2. Optimizing Supply Chains3. Flexibility in Negotiations 3. Flexibility in Negotiations 4. Managing Risk and Delays # Factors That Influence PTPK in African Road Logistics 1. Distance and Route 2. Fuel Costs 3. Vehicle Type and Load 4. Infrastructure Quality 5. Regulatory Environment 6. Vehicle Maintenance and Depreciation 7. Seasonality and Weather # Best Practices for Logistics Buyers in Africa 1. Benchmarking and Comparison 2. Route and Network Optimization 3. Invest in Technology 4. Collaborate with Local Partners 5. Regularly Review and Negotiate Contracts 6. Consider Load Consolidation Understanding Per Ton Per Kilometre (PTPK) is essential for logistics buyers operating in Africa, where the cost of road transport can be influenced by a wide range of factors. By leveraging this metric, buyers can gain valuable insights into transportation costs, identify opportunities for cost savings, and optimize their supply chains. Ultimately, PTPK provides transparency and a common framework for managing road transport, enabling logistics buyers to make informed decisions and improve their bottom line. #Lalji

Getting closer

As we complete the first quarter of 2024, review our summary of the Logistics transactions completing in March. #mergersandacquisitions #freight #logistics

"Empowering Government Procurement: Discover Efficiency and Transparency with Government e-Marketplace (GeM)" #GeM #GeMManagers #India #business #PublicProcurement #MakeInIndia #DigitalGovernance #ProcurementSolutions #OnlineShoppingGovt