OX Delivers Expands in East Africa

December 10, 2024 • Estimated Reading Time: 2 minutes

Key Figures & Findings: OX Delivers,  a UK-based e-mobility startup focused on revolutionizing transport and trade in the Global South, particularly in developing countries has entered a $163 million franchise agreement with OX East Africa to expand its electric truck operations across East Africa.  This initiative aims to expand its operations from Rwanda into Uganda, Kenya, Tanzania, and Burundi. The company’s transport-as-a-service model has been credited with enhancing local businesses’ productivity, reporting a fivefold increase in sales. Designed for rugged conditions, OX electric trucks provide a cost-effective solution, aligning with the needs of businesses in Africa’s remote and underserved regions.

Statistics & Insights: The company reported revenues exceeding $920,000 in Rwanda from January to October 2024 and noted that its trucks are ten times cheaper to operate than traditional alternatives. The expansion is expected to leverage these efficiencies across new markets.

Future Implications: By 2025, the franchise could transform transportation logistics in East Africa, potentially empowering thousands of traders in Kenya, Uganda, Tanzania, and Burundi while promoting sustainable energy practices.