Cathedis, a Moroccan startup specializing in e-commerce logistics, is setting out to conquer Morocco. The startup funded by the “212 Founders” program of CDG Invest has announced that it has managed to reach 108 cities across the Moroccan Kingdom, instead of 27 it did 10 months ago.
“With the mission assigned to our team and in consultation with our investor and partner CDG Invest, via old and new fundraising, we want to end the year 2021 with a monthly average of 50,000 packages delivered and a total annual flow of 3 million packages by the end of 2022,” declared the founder and CEO of the company, Imad El Mansour Zekri, quoted in the press release.
Here Is What You Need To Know
- Cathedis offers a fully digitalized logistics platform serving the specific needs of the consumer, including services such as same-day delivery, online or on-delivery payment and real-time tracking of packages and deliverers. The startup has thus become, in 3 years, one of the major players in a commercial and technological landscape that changes daily.
- Cathedis has now set new goals for the months and years to come, with the aim of gaining the satisfaction of its ncreasingly demanding customers.
- The company has also indicated that it is planning strategic investments from this year, in addition to those already undertaken in 2020.
- This mainly concerns the digitization-automation of the process of centralization and distribution of parcels at the central hub, and this on all the cities covered.
“The priority is maintaining a regular capacity for hourly Parcel processing in the Central Hub. Currently, the hourly target is 10,000 packages processed per hour, ”explains Mr. El Mansour Zekri.
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International Expansion
The startup also wants to spread its wings internationally, “where the explosion of e-commerce is also a strong trend, but where the associated logistics solutions are still underdeveloped”.
“Cathedis aims to position itself among the leaders in e-logistics both in Morocco and internationally and to retain new major brands in a rapidly changing market. For this, we wish to generate growth by covering all the cities of Morocco before the end of 2020. We are also targeting the international market, particularly in the Maghreb, by duplicating the “business model” in Algeria and in sub-Saharan Africa with a presence in Senegal,” concludes the CEO of the operator.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer
Cathedis Moroccan startup