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Home»BigEye Money»Glovo expands its operations in Africa
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Glovo expands its operations in Africa

BigEyeUg1By BigEyeUg1October 7, 2021
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Saqib Munir, the Country Manager, Glovo Uganda
Saqib Munir, the Country Manager, Glovo Uganda.

By Our Reporter

Glovo, one of the world’s leading multi-category delivery platforms, has expanded its operations in Africa, to include Ghana and a new entry to Tunisia, bringing its current operations to a total of seven countries on the continent.

Following the expansion, an estimated 6.5 million more people will be able to access Glovo’s app across Africa, as the company continues its mission to make everything, within all towns and cities, available to everyone.

Glovo’s investment in the region to date is worth a combined total of $30M (UGX 110bn) and the company expects to invest an additional $60M (UGX 220bn) over the next 12 months to further accelerate its expansion.

The company believes there are a number of key markets in Africa that are currently underserved and recognises the unique opportunity for the platform within local communities by supporting local stores and restaurants, and helping them reach new customers online.

Saqib Munir, Country Manager of Glovo, said: “Africa is a key market for Glovo and with the accelerated growth of smartphone use, 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 enables that by connecting users, couriers and businesses, most of which are local restaurants and independent stores.”

“We also believe there’s a huge untapped opportunity to help accelerate digitalisation of businesses as well as meet the rising demand for online shopping and deliveries. We’re looking forward to making food, groceries, pharmaceuticals and retail products available at highly affordable rates to our new users at the touch of a button.” He added.

The Glovo app is already available in Uganda, Kenya, Morocco, 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.

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