Lori Systems is a pioneering e-logistics platform focused on revolutionizing the cargo transport value chain in frontier markets, particularly in Africa. The company addresses the high relative cost of moving goods in these regions, which can account for up to 75% of a product's cost, compared to just 6% in the United States. Lori Systems serves a diverse range of clients, including transporters and cargo owners, by providing a comprehensive suite of services designed to optimize truck utilization, ensure reliable transport, and offer automatic and accurate invoicing through its proprietary software.

Operating primarily in Nairobi, Kenya; Mombasa, Kenya; Kampala, Uganda; and Lagos, Nigeria, Lori Systems leverages data to provide management insights and enhanced control, leading to significant cost savings both directly and indirectly. The company's business model revolves around a platform that connects cargo owners with transporters, facilitating efficient logistics operations. Lori Systems generates revenue through transaction fees and value-added services such as fuel financing and access to capital.

Lori Systems has received multiple accolades, including being named a Technology Pioneer by the World Economic Forum in 2020 and winning the AppsAfrica Innovation Awards for Best Mobility Solution in 2019. The company's mission is to drive down the cost of goods in frontier markets by making the logistics space operate more efficiently.

Keywords: e-logistics, cargo transport, frontier markets, cost reduction, efficiency, truck utilization, automatic invoicing, data insights, fuel financing, Africa.