This May we had Expendo, a startup in the mobility space pitching:

Digital labour platforms have transformed the world of work. Logistics gig workers especially face a myriad of challenges, as highlighted by several by the International Labour Organization (ILO) studies (references below), including lack of social protection, unstable incomes, inadequate training and skills development, exploitation and unfair practices and, critically, limited bargaining power. Consequently, gig workers typically have low credit scores having unsustainable solutions to keep their ‘tool-of-trade’ functional at all times.

Expendo, a tech startup based in Nairobi, is revolutionizing the mobility industry with its innovative logistics marketplace and payments solution. Expendo Mobility empowers logistics gig workers by reducing their direct costs through access to discounted mobility consumables in key areas such as finance, insurance, spare parts & vehicle servicing, and fuel & lubricants. This alleviates the financial burden on drivers, helping them stabilize their income and plan more effectively.

“We offer logistics gig workers discounted mobility consumables when servicing their vehicles, help them obtain more affordable insurance premiums, request credit term processes for vehicle servicing, and receive cash discounts every time they fuel through our platform. This not only benefits the drivers by saving them money but also helps corporates streamline their operations and reduce overall costs.” – Michael Wambugu, CEO and Co-founder of Expendo!

In addition, Expendo focuses on empowering gig workers financially with favourable credit terms on their acquisitions to improve their services and adapt to changing market demands. This, in turn, helps reduce the exploitation and unfair practices that have plagued some service providers in the region, helping to increase transparency and fairness in its operations, ensuring that drivers have a stronger bargaining position and can negotiate better terms and conditions. This, combined with the company’s commitment to social protection measures, helps to create a more equitable and sustainable gig economy in Africa hence directly contributing to SDG 8 which aims to “promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”

“Our goal at Expendo is ambitious yet achievable – to reduce the cost of mobility for logistics gig workers across Africa. We have specific targets for countries like Kenya, Uganda, Tanzania, Rwanda, Ethiopia, Ghana, South Africa, and Nigeria, with plans to expand further across the continent. By focusing on these key markets, we aim to make a significant impact on the mobility industry in Africa and beyond.” – Michael Wambugu, CEO and Co-founder of Expendo!

The scalability potential of Expendo is significant, given the size of the African market and the growing demand for innovative mobility solutions. By focusing on key markets and expanding strategically, the company believes that it can achieve its goal of reducing the cost of mobility for logistics gig workers across the continent. With a strong foundation in place and a clear vision for the future, Expendo is well-positioned to make a lasting impact on the mobility industry in Africa and beyond. Expendo is making waves in the mobility industry with its AI-enabled logistics marketplace and embedded finance for logistics gig workers in Africa. They are making mobility much more affordable, each gig worker at a time.

Get in touch with us if you’d like to learn more about Expendo! and their current fundraise.

References:

  1. Organizing on-demand : representation, voice, and collective bargaining in the gig economy.
  2. The platform economy and transformations in the world of work: The case of delivery platform workers in Santiago, Chile.
  3. New forms of employment and labour protection in China.
  4. Employment situation in Latin America and the Caribbean. The future of work in Latin America and the Caribbean: old and new forms of employment and challenges for labour regulation.
  5. The rise of the “just-in-time workforce” : on-demand work, crowdwork and labour protection in the “gig-economy”.