The most successful mobility firm in Africa, Treepz, has rebranded its app targeted towards end users as an innovative new product for the African market.
It is the first marketplace of its kind in Nigeria, Ghana, Kenya, and Uganda, and it was established with the intention of catering to the more than 26 million people in Africa who already own vehicles.
The online marketplace makes it possible for auto owners to rent out their vehicles for periods ranging from one week to one year, making mobility in Africa a more inexpensive and environmentally friendly option.
Read also: Treepz Announces Kenya Entry With $1.2 Million in Funding
According to the Figures
The demand for low-cost modes of mobility is great across the continent of Africa because there are more than 600 million people living in metropolitan areas but only 44 cars for every 1,000 people.
This requirement is met by the car-sharing platform offered by Treepz, which gives users the ability to borrow a vehicle only when they have a pressing need for one and to select from a variety of rental durations.
This contributes to the reduction of both congestion and carbon emissions, resulting in a transport system that is more environmentally friendly.
From 2020 to 2030, the market for car-sharing in Africa is anticipated to expand at a compound annual growth rate of 20%, resulting in a predicted market value of $500 million.
Treepz, which is the largest car-sharing marketplace in Africa based on the market size of their operations, is in an excellent position to capitalise on this expansion and provide residents of all countries on the African continent an option for transportation that is both economical and environmentally friendly.
Concerning the Re-Launch
The marketplace can be accessed through iOS and Android and features a selection of automobiles, including hatchbacks, sports utility vehicles (SUVs), vans, and buses. Renters have the ability to search for vehicles by entering their location and desired rental period, after which they can select from a list of different car owners, brands, and models.
Car proprietors have the opportunity to control a variety of aspects of their businesses, including pricing, availability, and discounts for extended booking periods.
Notable companies such as Wakanow and Tekexperts in Nigeria, Twiga Foods and Diamond Trust Bank in Kenya, and many more organisations in Africa have already been using the Treepz solution for their staff, but now Treepz is rolling out the consumer side of the service to make it easier to rent vehicles. This will make it possible for more people to have access to rental vehicles.
Credibility is added to both the company and its new marketplace by the fact that Treepz is supported by renowned investors such as Google, SOSV, Goodwater Capital, Techstars, and GIIG Africa Fund, amongst others.
Remarks From the CEO of Treepz
According to Treepz’s CEO, Onyeka Akumah “The new Treepz is an exciting innovation for transportation in Africa.
We are making better use of more than 26 million vehicles available on the continent to provide commuters with enjoyable and fun transportation service as they travel for work or simply enjoy a smooth ride across the safaris in the continent.’
“Today we are regarded as the largest car-sharing marketplace in Africa, and we have seized that opportunity with the technology we’ve built for hosts (vehicle owners or rental companies) to manage their inventory, reach new customers and track their growth.
While guests who book from this host have the luxury of selecting their dream car for work, pleasure or exploration with a vetted driver. We have spent the last 5 months building this solution and we are excited to introduce you to this in Nigeria, Ghana, Uganda and Kenya.”
“Treepz is at the forefront of this important movement with guest and host enjoying their commute on the continent. Our goal to listen to our customers and keep making them happy with every trip they make with us at Treepz.” She added.