The management of Treepz, Africa’s top car-sharing platform has said it is looking to the year 2024 with a focus that is crystal clear—centred on the customer and the bottom line, especially with the appointment of Ajoke Yusuf as the New Country Manager for Nigeria and Sani Chanchangi as new Business Development & Sales Coordinator for Treepz Nigeria.
The company said these appointments align with its forward-looking vision, contributing to Treepz’s commitment to innovation, customer satisfaction, and continued success, assuring that 2024 will witness the company sharing brand stories better through customer experiences, with milestones set for Treepz’s 5th year in business by Q4 2024.
In its 2023 Year in Review Report, which showcases its resilience, growth and transformative impact, Treepz said it transported more than 4 million passengers in total, even in the face of a tumultuous year in the transportation industry.
A Resilient Year in Review:
The year 2023 posed significant challenges in the transportation industry, particularly in Africa, with frequent petrol price hikes impacting the movement of people. However, despite these challenges, we navigated through the complexities and emerged at the end of the calendar year as a stronger industry player than ever before.
Financial Milestones and Self-Sustainability:
One of the pivotal achievements in 2023 was the attainment of financial milestones, with revenues for both Nigeria and Kenya reaching the break-even point. This marked a crucial step toward achieving a 100% self-sustaining position for Treepz. The financial stability achieved in 70% of all markets, including our home base in Nigeria and the newly launched Kenya operations, positions Treepz for sustained growth and resilience in the dynamic landscape of shared mobility. Moreover, in less than a year since the launch of Treepz’s marketplace in 2023, our platform generated over $1.2 million in earnings for our hosts (vehicle owners), demonstrating our commitment to uplifting and empowering lives and livelihoods across the globe economically.
Treepz Usage Statistics
A total of 1,2960,611 passenger trips were facilitated and completed in 2023, seamlessly connecting people across cities. In 2023 alone, we also added 6 new cities to our platform, increasing Treepz’s footprints to 16 cities, across 3 regions worldwide. 668 vehicles were onboarded on the Treepz marketplace within 8 months, to offer wide transportation options for our diverse user base. Customers across the continent have used Treepz technology to commute better over 4 million times since launch.
Beyond Transportation:
The tale with Treepz doesn’t end with commuting alone. Treepz now extends its reach beyond transportation alone, positively impacting various facets of users’ lives and the environment. At the heart of our mission is a steadfast commitment to environmental sustainability, showcased by a remarkable reduction of 922,124 Kg of carbon emissions in 2023. Treepz actively contributes to fostering a greener environment, aligning our efforts with global initiatives to combat climate change and alleviate the ecological impact of transportation. Furthermore, Treepz has played a pivotal role in supporting businesses by ensuring the safe daily commutes of 5,127 employees. This initiative underscores Treepz’s broader impact in addressing crucial transportation needs and enhancing the efficiency and well-being of employees across diverse organizations. Overall, Treepz continues to play a transformative role in the broader spectrum of users’ lives, forging a path toward a sustainable and connected future.