Audio By Carbonatix
Delivery service provider, Glovo is embarking on a key expansion drive to ensure that it’s services are available to other parts of the country apart from Accra and Tema.
The initiative is expected to see an injection of 3.5 million euros from the company.
Co-Founder of Glovo, Sacha Michaud, disclosed this to Journalists in Accra during his visit to Ghana to abreast himself with the local operations.
The expansion works is beginning with the opening of Glovo’s operations in the Ashanti regional capital, Kumasi before the end of the year.
Glovo is expected to use the expansion drive to employ more youth and local partners to support the economy.
According Sacha Michaud, the company has identified Ghana as a growing market for the digital delivery business, hence the decision to increase its investment.
The target is to inject about 3.5 million euros into the initiative.
“Ghana is a very exciting market not only for Glovo, but other retail business operations moving faster in terms of business growth and also like I said, the government believes in digitalisation especially for the SME sector. So, we found ourselves as a facilitator in this area and ready to inject some more into the Ghana operations”, Sacha Michaud.
“We plan to double our investment in Ghana and for 2022, we are looking at about 3.5 million euros investments” Sacha Michaud disclosed.
General Manager of Glovo Ghana, Pearlyn Budu assured that it will increase the use of local materials in its operations as part of the target.
This is aimed at increasing revenue for local artisans in the industry.
“Currently, we have an opportunity to invest more in local materials because for instance, the bags we use in the delivery service is being imported, but we want to transition into local sourcing so that the local producers can also earn something from the operations. So it’s a part of the long term growth agenda” she said.
The co-founder as part of the visit is doing some deliveries locally on a bicycle, the new addition to the Glovo services.
Latest Stories
-
Woman found dead in boyfriend’s room at Somanya
21 minutes -
Woman feared dead after being swept away in Nima drain amid heavy rain
33 minutes -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military Hospital
43 minutes -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
52 minutes -
Haruna Iddrisu discharged after road traffic accident
1 hour -
Kenyans drop flowers for Valentine’s bouquets of cash. Not everyone is impressed
1 hour -
Human trafficking and cyber fraud syndicate busted at Pokuase
1 hour -
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
2 hours -
2026 U20 WWCQ: Black Princesses beat South Africa to make final round
2 hours -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
3 hours -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
3 hours -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
3 hours -
President Mahama elected AU First Vice Chair as Burundi takes over leadership
4 hours -
Police work to restore calm and clear road after fatal tanker crash on Suhum–Nsawam Highway
4 hours -
Four burnt, several injured in Nsawam-Accra tanker explosion
5 hours
