Gozem, IFC partner on $10M moto-taxi financing project
Ride-hailing app Gozem and the International Finance Corporation (IFC) are embarking on a $10 million project to help motorcycle-taxi (moto-taxi) drivers in Togo and Benin access affordable vehicle financing.
Through this partnership, the two groups will finance new vehicles for 6,000 drivers and build a platform that will enable Gozem to finance millions more.
Gozem and IFC will also work together to test electric bikes in moto-taxi operating conditions and build a green battery swapping station network in Togo and Benin.
