A Kenya-based smart addressing start-up, OkHi, has partnered with Interswitch to provide 195 million Nigerians with access to a physical address.
The Chief Executive Officer and co-founder of OkHi, Timbo Drayson, in a statement on Sunday, said the partnership would utilise Interswitch’s expertise and technology to increase inclusivity and accelerate the e-commerce sector of the country.
He said, “OkHi gives addresses not only to places but also to people. From e-commerce businesses to banks and emergency services, our technology enables people to be included in accessing the services they need and deserve.
“We are so excited about the start of our Nigerian journey. With Interswitch, we have a partner and investor whose technology has already had a massive impact on millions of Nigerians.
“Their expertise and infrastructure will position us to scale country-wide as quickly as possible. COVID-19 is accelerating the digital migration across Africa, people and businesses are more online than ever, while home deliveries have grown exponentially.”
Interswitch Group’s Divisional Chief Executive Officer for Industry Vertical Markets, Jonah Adams, said the new address verification engine would constantly verify locations, saying it would reduce time, cost and risk.
“Our partnership with, and investment into OkHi is premised on their vision and capacity to execute collaboratively, to drive e-commerce growth across key African markets by mitigating the bottlenecks which are stifling growth,” he said.
Souirce: Punch
