Ghanaian startup Jetstream closes $3m to expand venture

Jetstream Africa, a Ghanaian logistics startup, on Thursday, announced closing a US$3 million debt and equity seed funding round.

The raiser comes as the startup looks to support its mission to enable businesses on the continent.

According to the board, the development is expected to see into how the company control its cross-border supply chains.

Three year old Jetstream is a cross-border logistics technology company that develops digital solutions for cargo owners and logistics providers at the continent’s ports and borders.

Speaking on the development, co-founder and chief executive officer (CEO), Miishe Addy, noted that the company is on it way to solve the challenges related to logistics as it leverages technology.

He said: “We are building digital infrastructure that will enable fragmented logistics providers to handle cross-border e-commerce and other time-sensitive physical goods trades quickly.

“Jetstream aims to be to cross-border logistics what Flutterwave is to African fintech today – we’re driving towards an inflection point in the speed and growth of commerce on the continent.”