Leading Kenyan logistics technology startup, Apexloads and the Kenya International Freight and Warehousing Association (KIFWA)have announced a gamechanging partnership which will modernize and simplify logistics operations throughout Africa.
KIFWA has really been a power in the industry; with its over 1,200 active members (firms) playing a great role in Kenyan trade.
Last financial year alone, the sector directly operating under Customs and Border Control contributed a significant Ksh 791 billion to the Kenya Revenue Authority (KRA) and facilitated Ksh 4.9 trillion in import/export transactions.
Efficiency and Transparency Empowerment
Through this collaboration, Apexloads supports the vision of KIFWA in self-regulation.
Apexloads will share with KIFWA members state–of-the-art technology solutions aimed at improving efficiency, transparency, and connectivity within the African logistics ecosystem.
This will empower KIFWA members to optimize their operations, save costs, and elevate the performance bar for themselves.
A Game-Changer for African Logistics
Charles Thuo, the Founder and CEO of Apexloads, said: “This partnership is going to be a game-changer for the African logistics industry. Standardization is key, and hence it entails all stakeholders in the process. Together with KIFWA, we are innovating and empowering businesses to succeed in the global market. We can unlock the full potential of African logistics and help build a more sustainable and prosperous future, using technology.”
Mr Thuo noted that, “We hope to on board all the 1,200 firms on our EAC Profile.”
The partnership was sealed during a signing ceremony at the Argyle Grand Hotel Nairobi Airport witnessed by members of the KIFWA board and the ApexLoads team.
The MoU signed aims at capacity building, networking of members, andexpanding business amongst members of KIFWA.
National Secretary of KIFWA, Fredrick Aloo, reiterated the association’s role: ” We work hand-in-hand with 46 government agencies. However, challenges still persists such as issues of trust in cross-border business, fractured regulations, and independence of each entity. This partnership is the beginning the long journey towards tackling the myriad challenges in the sector as necessity is the mother of invention.”
Apexloads is revolutionizing Africa’s logistics sector by empowering 3PLs with innovative solutions that boost efficiency, transparency, and reliability, driving economic growth across the continent.
The tech logistics startup is a market leader in the sector’s credential verification arena within the East African Community (EAC).
The firm act as the central point in verifying credentials of transport and logistic companies (3PLs) involved in the region.
3PLs can register with Apexloads online via their offering called EAC Profile and upload all relevant documents.
Upon verification, they get a unique EAC#, which becomes their digital badge of credibility.
“The EAC# will increase their credibility and reputation within the EAC logistics business and allow them to carry out business operations even more effectively, building much stronger relations,” the firm states in its official website.
Also, the EAC Profile, developed by Apexloads, is one of the most valuable tools for shippers, insurance companies, financial institutions, and government entities to efficiently verify 3PL credentials and reduce risks in search of a secure trade environment.
This platform allows the stakeholders to make appropriate decisions, simplify procedures, and optimize supply chain operations.
Platform Advantages include:
Credibility Verification: It provides the buyer with a credible way of evaluating the credibility of prospective logistics partners. This is quite important in an industry where trust and reliability are paramount.
Saves Time and Money: The EAC Profile helps businesses save time and resources as it eases the due diligence process. It will enable them to focus on their core operations and make decisions in time.
Standardization and Efficiency: The platform standardizes the industry, enabling best practices and increasing efficiency, transparency, and collaboration among stakeholders in logistics. These services and benefits help Apexloads make the business confident and efficient in navigating the complex logistics landscape of the EAC.