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# Gozem launches a $10 million fund to support 6,000 moto-taxi drivers in Togo and Benin
- URL: https://www.techloy.com/gozem-launches-a-10-million-fund-to-support-6-000-moto-taxi-drivers-in-togo-and-benin/
- Published: 2022-06-09T17:34:11.000Z
- Updated: 2022-12-08T01:12:21.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Mobility, togo, benin

[Gozem,](https://gozem.co/en/) a Togolese app-based mobility offering and e-commerce service providing platform has launched a $10 million fund project in partnership with the International Finance Corporation (IFC), a member of the World Bank Group. 

- The funding project will enable moto-taxi drivers in Togo and Benin to access affordable vehicle financing, and purchase or rent bikes to improve their income and livelihood.
- Gozem and IFC will test electric bikes in moto-taxi operating conditions and build a green energy swapping station network in Togo and Benin, in the next 12 months.
- Gozem launched vehicle financing 14 months ago and has assisted over 2,000 drivers with the financing option.
- The project targets decarbonization, reducing the cost of operations for drivers, and mitigating poverty in the West and Central Africa regions.