BusinessDay
NigeriaDecides2023

Obi Ozor, Kobo360 boss honoured at CNBC awards

Obi Ozor, co-founder/CEO of Kobo360, was recently named the ‘Young Business Leader of the Year’ and ‘Innovator of the Year’ at the ninth All Africa Business Leaders Awards (AABLA) held in partnership with CNBC Africa in Johannesburg, South Africa.

With over six years of logistics and supply chain experience, Ozor manages all key aspects of Kobo360 including operations, investments, compliance risk management and product growth.

Prior to founding Kobo360, he was the operations coordinator at Uber Nigeria and his career also saw him worked at J.P. Morgan.

In 2016, he left Uber and with his co-founder, Ife Oyedele II, Kobo360 was launched in a bid to disrupt Africa’s $150 billion logistics sector through the power of technology.

Since then, the team has raised $37.3 million in institutional investment from global venture capital funds as well as built a truly pan-African logistics brand.

“I am extremely honoured to be the recipient of these awards, and grateful to CNBC Africa for supporting the Kobo360 narrative over the years as well as bringing Africa stories to Africans and the rest of the world,” Ozor says.

According to him, “Our story is one which young business leaders can resonate with – turning African problems into African opportunities, for the benefit of the entire continent and its people.

He however stated that Kobo360 is for SMEs and major businesses that need to move goods, having felt the pain points of the current fragmented logistics sector.

Backed by international and African investors, including Goldman Sachs, International Finance Corporation (IFC), Y Combinator and TLcom, Kobo360’s tech-enabled full truckload offering enables the development of an efficient supply chain for end-to-end long-haul freight operations.

It connects and supports cargo owners, truck owners & drivers, and cargo recipients at scale.

“Winning this award would not have been possible without the inspiration I have received from my family and the entire Kobo360 team. We will only get better at what we do and remain committed to building a world-class organisation that will drive efficiency, reliability and affordability across the global supply chain ecosystem,” he assured.

The AABLA in partnership with CNBC Africa is an empowerment driven initiative intended to distinguish and uphold the achievements of inspiring corporate front-runners on the African continent.

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