MAX, Africa’s First Mobility Tech Platform, Reaches 100 Million KM Milestone

Metro Africa Xpress Inc. (“MAX”) – Africa’s first mobility technology platform – announces its drivers have completed over 100 million KM of journeys.

To put the milestone in perspective, drivers using MAX have travelled a distance equivalent to the Earth to the Moon, and back, over 130 times.

MAX is Africa’s largest, low-to-zero emission vehicle subscription and mobility platform. Founded in 2015 by Adetayo Bamiduro and Chinedu Azodoh, MAX’s mission is to disrupt Africa’s transportation sector via smart technologies. The Company is building the rails for mobility in Africa by delivering integrated, affordable and collateral-free vehicle subscription packages including low to zero-emission vehicles, healthcare, insurance, maintenance, and licensing. This helps drivers maximise their revenues and minimise costs while providing material benefits of improved availability, journey times and safety to their customers.

MAX’s innovative technology platform leverages alternative data sets to power driver onboarding, dynamic credit assessment, fleet optimization, digital payments and advanced risk management. The Company has pioneered this operating model and its technology is powered in partnerships with global OEMs such as Yamaha, ride-hailing platforms such as Bolt, financial services strategic partners, payment infrastructure providers and clean energy providers.

MAX’s market is over 15 million independent commercial drivers across Africa’s $250 billion mobility industry, and the company has grown rapidly. Currently, it serves over 15,000 drivers, with over 50,000 prospective drivers in the pipeline.

MAX aims to scale its current fleet of 8,000 vehicles – including the revolutionary M3 Electric Motorcycle – to 100,000 by the end of 2023, and to grow its footprint to 10 cities across Africa.

Adetayo Bamiduro, co-founder and Chief Executive Officer at MAX, said: “We are extremely pleased to announce MAX drivers have completed over 100 million KM in our vehicles and using our platform. We are also very proud to have helped them make a significant contribution to their lives and our economy. It is another significant milestone in MAX’s growth journey and further validates our business model and vision. It coincides with a very exciting time for the Company as we look to scale our current fleet and anticipate new market entries by the end of 2023.

 “This achievement demonstrates the impact MAX is having in Africa, by powering transportation and driving economic growth, but also how we are making mobility safer, more affordable, accessible and sustainable across the continent.”