So What Have We Been Up To At Treepz In 2023?
2023 Year-End Review

So What Have We Been Up To At Treepz In 2023?

At Treepz, we're thrilled to reflect on the remarkable achievements and growth we experienced throughout 2023. Our vision and mission, fueled by a commitment to transform transportation across Africa, have guided us in providing reliable and sustainable solutions to our ever-expanding community.

Vision and Mission:

Vision: To ensure that wherever you are, you can effortlessly book and pay for the perfect vehicle to explore Africa with our reliable Treepz hosts.

Mission: To put Africa's 26 million cars to better use on the continent.

In the heart of our vision and mission lies the crucial role hosts (or vehicle owners) play in revolutionizing transportation across Africa through Treepz. Our unwavering commitment revolves around creating a seamless platform where individual car owners become key contributors to the success of our mission.

Onyeka Akumah, Co-founder/CEO of Treepz

Hosts as Treepz Ambassadors:

Our hosts are more than just vehicle owners; they are ambassadors of Treepz, representing the heart of our community-driven platform. By opening up their vehicles to fellow passengers, hosts embody the spirit of collaboration and shared experiences.

Empowering Individuals:

Treepz hosts are at the forefront of transforming Africa's transportation dynamics. Through our platform, we empower hosts to leverage their assets, turning their cars into valuable resources that benefit both them and the broader community. This empowerment extends beyond financial gains to include fostering a sense of pride and connection within the Treepz ecosystem.

Creating Economic Opportunities:

By hosting their vehicles on Treepz including cars, buses, trucks and more, individuals have the opportunity to generate income and actively participate in the economic growth of their communities. Treepz serves as a catalyst for economic opportunities, enabling hosts to contribute to their livelihoods and, in turn, support the economic development of the regions they operate in.

Building Trust and Reliability:

Treepz hosts are integral to our commitment to providing reliable transportation solutions. Through their dedication to offering well-maintained vehicles and exceptional service, hosts contribute to creating a trustworthy and dependable network that our passengers can rely on for their travel needs whether for employee transportation/staff bus, group tours or individual rides.?

Community-Centric Approach:

Our vision emphasizes not only the accessibility of vehicles but also the creation of a vibrant community. Treepz hosts foster a sense of belonging and camaraderie among users, making the exploration of Africa a collaborative and enjoyable experience.

Earnings Generated 2023

Financial Empowerment:

In the span of just one year since the launch of our marketplace, Treepz has emerged as a powerful catalyst for financial empowerment, leaving an indelible mark on the lives of our esteemed hosts. Through our platform, we've orchestrated the generation of over $1.2 million in earnings for hosts—an accomplishment that transcends mere financial figures. This achievement stands as a testament to our unwavering commitment to uplift and empower individuals, fostering economic growth and prosperity on a global scale.

Global Technology Footprint:

What began as a solution to address transportation challenges in Lagos, Nigeria, has evolved into a global phenomenon. Treepz's technology-driven solution has traversed borders, reaching more than 4 million customers across 6 countries and spanning 3 continents. Our expansion beyond Nigeria is a testament to the scalability and effectiveness of the Treepz platform in meeting the diverse needs of users worldwide.

As Treepz extends its technological footprint, it brings with it not just a mode of transportation but a revolutionary approach to shared mobility. We've seamlessly integrated technology and connectivity to create a dynamic ecosystem that transcends geographical boundaries, connecting people and communities in a shared journey of exploration and discovery.

Explore the Highlights: Treepz's Pivotal Achievements in 2023

As we reflect on the accomplishments of 2023, one resounding success stands out – the growing trust of businesses that have chosen Treepz to address a fundamental employee need: safe and reliable transportation to and from work. The acknowledgment of Treepz as a vital contributor to the well-being and convenience of employees underscores our commitment to providing seamless mobility solutions. Regardless of the size of your company, Treepz is poised to extend this essential employee benefit in 2024, ensuring a smoother, stress-free commute for your team.

  1. Expanding Our Footprint in East Africa:

In our pursuit of creating a transformative impact on shared mobility, Treepz expanded its presence in East Africa with the launch of Treepz Kenya in early February. This strategic move resulted in a significant upswing in our influence across the region. Treepz's entrance into the Kenyan market not only broadened our geographical reach but also reinforced our commitment to offering innovative transportation solutions tailored to the unique needs of diverse communities.

2. Establishment of a Reputable Board of Directors:

To fortify our foundation for sustained growth and governance excellence, Treepz made strategic appointments to its Board of Directors. We welcomed five distinguished professionals to guide and steer Treepz towards greater heights. Jane Egerton-Idehen assumed the role of Board Chairman, alongside other esteemed members, including Ebenezer Arthur, Adejare Rasheed, Sunil Sharma, and Laura Venasse. This seasoned and diverse board brings a wealth of experience, expertise, and vision to reinforce Treepz's commitment to excellence and responsible corporate governance.

3. Financial Milestones and Self-Sustainability:

One of the pivotal achievements in 2023 was the attainment of financial milestones, with revenues for both Nigeria and Kenya reaching the break-even point. This marked a crucial step toward achieving a 100% self-sustaining position for Treepz. The financial stability achieved in 70% of all markets, including our home base in Nigeria and the newly launched Kenya operations, positions Treepz for sustained growth and resilience in the dynamic landscape of shared mobility.

Noteworthy Milestones and Impactful Numbers

Key Milestones:

Treepz Kenya Launch: Marking a triumphant stride into East Africa, our expansion brought seamless transportation solutions to the region, enhancing accessibility.

Break-Even in Revenues: A significant accomplishment as we attained the break-even point in 70% of markets, including Nigeria and Kenya. This positions us for sustained growth and self-sustainability.

Usage Statistics:

Usage Statistics 2023

Passenger Trips Completed in 2023: A staggering 1,290,611 journeys were made with Treepz, connecting people across cities.

Cities Globally: We added 6 more cities in 2023 alone to increase our footprint and impact to 16 cities worldwide.?

CO2 Emissions Saved: A commendable 922,124 Kg of carbon emissions reduced, contributing to a greener environment.

Vehicles Signed-Up: A thriving marketplace with 668 vehicles onboard within just 8 months.

Employees Transported Daily: Providing safe daily commutes for 5,127 employees, addressing crucial transportation needs for staff bus solution.?

Impactful Numbers:

Customers Served: An impressive 4,294,689 customers served across the African continent, reflecting the trust in our services.

Earnings for Hosts: Over $1.2 million generated in 12 months, emphasizing our commitment to financial empowerment for hosts and contributing positively to their lives.

Strategic Focus for 2024:

As we step into the promising landscape of 2024, our strategic emphasis revolves around fortifying our revenue streams, leveraging insights gained from the past year. The successful launch of Treepz in Kenya has not only expanded our footprint in East Africa but has also become a cornerstone of our commitment to providing seamless transportation solutions.

Our vision for the upcoming year entails placing customers at the core of our initiatives. We are geared towards sharing our triumphs through the unique experiences of our valued users. In 2024, the narrative will be shaped by the stories of our customers, highlighting the impact of Treepz on their lives.

Also, Treepz aims to provide comprehensive and tailored solutions to meet the transportation needs of companies, irrespective of their size. By prioritizing employee well-being and convenience, we endeavour to redefine the standards of corporate mobility.

The year 2024 holds the promise of achieving remarkable feats as we approach our 5th year in business by Q4. Your continued support and partnership have been integral to our journey, and we express our gratitude for being an essential part of this expedition. Thank you from all of us at Treepz.?

(Download the full report here)

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