In 2018, Miishe Addy and Solomon Torgbor founded Jetstream. Their startup’s mission is to meet a pressing need in the African logistics and port sector. To achieve this, it strengthened its financial capacity by $3 million thanks to contributions from several local and international investors.
With its new capital, Jetstream now has the means to enable African businesses to see and control their own cross-border supply chains more effectively. The start-up brings together logistics providers from the private sector in African ports and borders and puts them online.
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“We see a future where commerce flowing on Jetstream’s digital rails will have a strong competitive edge in logistics. Jetstream is to cross-border logistics what Flutterwave is to fintech in Africa, ”said Miishe Addy of the startup’s ambitions.
Alitheia IDF, Golden Palm Investments, 4DX Ventures, Lightspeed Venture Partners, Asia Pacific Land, Breyer Labs, and MSA Capital have agreed to join the company’s adventure. They joined forces with him to solve a problem: It is sometimes cheaper and logistically faster for African companies to trade goods with distant foreign partners, than through Africa’s intracontinental trade corridors.
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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 write