RMBV secures backing for its third fund from African Development Bank and Italian DFI

Between 2018 and 2023, the last mile went from 41% of total shipping cost to 53%. In five years, the final few kilometres of a delivery became the majority of what it costs to ship anything.Last-mile delivery is the stage where goods move from a local distribution hub to the customer’s door. It is a small fraction of the distance a product travels and the largest share of what it costs to ship. Si