Africa’s largest car-sharing platform , Treepz which allows individuals and businesses to rent vehicles on-demand for flexible periods has re-launched its consumer facing app as Africa’s Largest Car-Sharing marketplace.
According to the company,they have spent the last 5 months building this solution and are excited to introduce 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.”
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 these host have the luxury to select their dream car for work, pleasure or exploration with a vetted driver.
With over 600 million Africans living in urban areas and less than 44 cars per 1,000 people, the demand for affordable transportation options is high. Treepz’s car-sharing platform addresses this need by allowing people to rent a car only when they need it and for flexible rental periods. This helps reduce traffic congestion and carbon emissions, leading to a more sustainable transportation system.
The car-sharing market in Africa is expected to grow at an annual rate of 20% from 2020 to 2030, with a projected market value of $500 million. Treepz, as Africa’s largest car-sharing marketplace by market size of our their operations, is well-positioned to take advantage of this growth and provide an affordable and sustainable transportation option for people across the continent.
Treepz is backed by notable investors such as Google, SOSV, Goodwater Capital, Techstars and GIIG Africa Fund, among others, which adds credibility to the company and its new marketplace.
The car-sharing marketplace is present in Nigeria, Ghana, Kenya, and Uganda and boasts of serving more than 26 million vehicle owners in Africa today.