VTC in Africa: after its launch in Abidjan, Africab opens its first franchise in Cotonou

(AFRICAB) – Eight months after its launch in Abidjan, Africab, the driver of hybrid vehicles (transport vehicles with drivers) in Côte d’Ivoire, announces the signing of a franchise contract with the Beninese company MIG Logistics. The contract will cover the development of the AFRICAB brand in Cotonou, Benin. Activities will start in November 2016.

MIG Logistics, a subsidiary of the MIG Motors group, specializing in the import and sale of new vehicles of the KIA brand, thus becomes the exclusive operator of the AFRICAB brand in Benin. Created in 2014 in Cotonou, MIG Motors has also been established in Togo since October 2015. The group has consolidated sales of more than 820 million CFA francs. The contract was signed in the presence of the directors of the two companies, Vangsy Goma (Africab Group) and Marie Ignace Gnancadja (MIG Logistics).

Africab Cotonou will be supported by fifteen professionals and around sixty drivers will be deployed in the city to operationalize the service from November 2016. The fleet will be made up of 50 vehicles by the end of 2016 and the formula that has made Africab successful in Abidjan always remains the same: new vehicles, travel security, geolocation, data by points of interest, driver training and prices accessible to the local middle class.

“Our deployment in Cotonou again comes from the same observation: the development of large African cities is characterized by rampant urbanization, while the transport market is very slowly structured. Thus, an agglomeration like Cotonou, with around 1.8 million inhabitants, has developed strongly but certain means of transport are preferred by default by the inhabitants of Cotonou. The development prospects offered by the Beninese economic capital are interesting for AFRICAB. The confidence of MIG Motors also means that our pan-African ambition is within our reach, “said Vangsy Goma, founder of Africab.