GABON’S POZI RAISES €650,000 TO REVOLUTIONIZE AFRICAN FLEET MANAGEMENT
In a significant breakthrough for Gabon’s tech ecosystem, fleet management startup POZI has secured €650,000 in its inaugural international funding round. The investment, led by Saviu Ventures with participation from EMSY Capital and angel investor Chazai Wamba, marks a historic moment as one of the first major international investments in a Gabonese tech startup.
Founded in 2020, POZI has developed an innovative AI-powered fleet management platform that provides real-time vehicle monitoring and predictive maintenance capabilities. The system currently oversees more than 2,500 vehicles across various industries, including oil and gas, construction, and logistics sectors.
The fresh capital injection will fuel POZI’s ambitious expansion plans, with immediate focus on entering the Côte d’Ivoire market in 2025. The company aims to connect 35,000 vehicles across ten African countries by 2030, leveraging its smart telematics solution to address the unique challenges of African transportation infrastructure.
This funding round gains particular significance against the backdrop of declining venture capital investments in African startups. Total investments dropped from $4.6 billion in 2022 to $2.2 billion in 2024, with Central Africa receiving minimal attention from investors. POZI’s success demonstrates the potential for startups from smaller markets to attract international investment.
The company’s technology platform offers comprehensive fleet management solutions, enabling businesses to monitor vehicle location, speed, and maintenance needs in real-time. This data-driven approach helps companies optimize their operations and reduce costs associated with vehicle maintenance and downtime, particularly crucial in African markets where road conditions pose significant challenges.
Beyond financial support, the investor consortium, led by Saviu Ventures, will provide strategic assistance in talent acquisition and local partnership development. This backing strengthens POZI’s position as it prepares for regional expansion.
The timing of POZI’s expansion aligns with the implementation of the African Continental Free Trade Area (AfCFTA), which emphasizes the growing need for efficient logistics solutions across the continent. The company’s technology could play a crucial role in optimizing cross-border transportation and contributing to environmental sustainability through better fleet management.
This investment represents more than just corporate growth; it signals the emergence of Gabon’s technology sector as a viable investment destination, potentially diversifying an economy traditionally dependent on oil exports. POZI’s success could inspire a new generation of tech entrepreneurs in Central Africa while contributing to the modernization of the continent’s transportation infrastructure.
The company will use the funds to enhance its platform capabilities, expand its team, and establish new offices to support its growing customer base across Africa.
