Africa: Logistics Firm Bwala Africa Secures Sh10m Financing to Expand Fleet

4 September 2018

Nairobi — Automobile and logistics firm Bwala Africa has secured Sh10 million financing from Stanbic Bank to venture into last mile logistics.

Bwala Africa Group, a last mile logistics marketplace launched early this year to solve challenges facing fleet owners on a daily basis has recorded over 6000 deliveries in Nairobi and secured debt financing from South African-based bank CFC Stanbic to meet the rising demand for last mile fleet connectivity.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.