Google has announced another investment in a tech-led company, with its confirmation of an interest in Lori Systems, a Nairobi-based e-logistics company providing shippers with digital solutions to manage cargo and transporters.
Google has announced another investment in a tech-led company, with its confirmation of an interest in Lori Systems, a Nairobi-based e-logistics company providing shippers with digital solutions to manage cargo and transporters. The size of the deal has not been disclosed but does represent the company’s third investment from its US$50 million Africa Investment Fund that was announced in October 2021 and forms part of a bigger desire to invest US$1 billion in this area over the next five years.
