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Treepz Transports over 1.2 million Passengers in 2023

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Treepz Founders L-R Johnny Ena, Afolabi Oluseyi, John Atumeyi and Onyeka Akumah.
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Treepz, Africa’s leading shared mobility platform, stands tall as it releases its resilient 2023 Year in Review Report, showcasing its resilience, growth and transformative impact.

Treepz Founders L-R Johnny Ena, Afolabi Oluseyi, John Atumeyi and Onyeka Akumah.

Onyeka Akumah, Co-Founder & CEO, Treepz in a zoom meeting on Thursday shared the firm’s 2023 report – achievements and milestone, as well as 2024 projections and prospects.

According to him, “the year 2023 posed significant challenges in the transportation industry, particularly in Africa, with frequent petrol price hikes impacting the movement of people.

“However, despite these challenges, we navigated through the complexities and emerged at the end of the calendar year as a stronger industry player than ever before”.

He also spoke on the firm’s expansion drive, according to him “what began as a simple vision to solve the transportation challenges in Lagos, Nigeria with technology, we evolved into a global phenomenon, providing better transportation solutions for more than 4 million customers across 6 countries and 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 globally.

“Earlier in the year, we expanded our footprints to East Africa with the launch of Treepz in Kenya. This strategic expansion marked a significant stride in expanding the company’s presence in East Africa, enhancing accessibility and tailoring transportation solutions to diverse commitments.

“We also solidified our foundation for long-term sustained growth and governance by appointing 5 reputable professionals to our board of directors. They include Ebenezer Arthur, Managing Partner of Wangara Capital Partners and Managing Director of Wangara Green Ventures, who brings 18 years of experience in sales, transportation, and technology, focusing on impact investing. Adejare Rasheed Olaoluwa, former CEO of the Bank of Industry in Nigeria, offers strategic management and financial expertise. Laura Venasse, a Partner at LaBarge Weinstein, brings her legal and business acumen to provide governance oversight. Jane Egerton-Idehen, Chair of the Board, is an experienced Fortune 500 technology executive with a telecommunications background, promising valuable insights for Treepz’s strategic direction.

Sharing insights on their Financial Milestones and Self-Sustainability, Akumah said, “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.

Moreover, in less than a year since the launch of Treepz’s marketplace in 2023, our platform generated over $1.2 million in earnings for our hosts (vehicle owners), demonstrating our commitment to uplifting and empowering lives and livelihoods across the globe economically.

Treepz Usage Statistics

A total of 1,2960,611 passenger trips were facilitated and completed in 2023, seamlessly connecting people across cities. In 2023 alone, we also added 6 new cities to our platform, increasing Treepz’s footprints to 16 cities, across 3 regions worldwide.

668 vehicles were onboarded on the Treepz marketplace within 8 months, to offer wide transportation options for our diverse user base. Customers across the continent have used Treepz technology to commute better over 4 million times since launch.

Beyond Transportation:

The tale with Treepz doesn’t end with commuting alone. Treepz now extends its reach beyond transportation alone, positively impacting various facets of users’ lives and the environment.

At the heart of our mission is a steadfast commitment to environmental sustainability, showcased by a remarkable reduction of 922,124 Kg of carbon emissions in 2023. Treepz actively contributes to fostering a greener environment, aligning our efforts with global initiatives to combat climate change and alleviate the ecological impact of transportation.

Furthermore, Treepz has played a pivotal role in supporting businesses by ensuring the safe daily commutes of 5,127 employees. This initiative underscores Treepz’s broader impact in addressing crucial transportation needs and enhancing the efficiency and well-being of employees across diverse organizations. Overall, Treepz continues to play a transformative role in the broader spectrum of users’ lives, forging a path towards a sustainable and connected future.

Looking Ahead to 2024

As Treepz looks ahead to 2024, the focus is crystal clear—centred on the customer and the bottom line. The year will witness us sharing brand stories better through customer experiences, with milestones set for Treepz’s 5th year in business by Q4 2024

Ajoke Yusuf and Sani Chanchangi’s appointments align with this forward-looking vision, contributing to Treepz’s commitment to innovation, customer satisfaction, and continued success.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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9mobile Nigeria Inks Agreement to Roam with MTN

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9mobile, Nigerian operator, has reportedly gained approval for roaming on the MTN Nigeria network in a deal that some commentators suggest could improve its position in the market and, more specifically, tempt back lost subscribers.

9mobile Nigeria Inks Agreement to Roam with MTN

After finally gaining regulatory approval from the Nigerian Communications Commission (NCC), 9mobile plans to launch national roaming services on the MTN network from this month.

Under the agreement, 9mobile subscribers will gain access to MTN’s infrastructure for calls, texts and data in areas where 9mobile’s coverage is weak or unavailable.

For 9mobile, the deal offers a cost-effective way to expand coverage without the heavy investment required for nationwide infrastructure.

According to ITWeb Africa, the decision comes nearly five years after initial discussions – much longer than expected due, the Techloy news service said, to regulatory bottlenecks, shifting market conditions, and unclear execution timelines.

It may, however, prove pivotal for 9mobile, whose market share has dwindled to 1.72% in April 2025, down from 6.6% in 2020 when the proposal was first submitted. Indeed, in 2015 the company once known as Etisalat Nigeria had over 23 million subscribers and a 15.7% market share.

Of course, there’s also something in this for MTN. In exchange for network access, MTN gains utilisation rights to 9mobile’s underused spectrum in the 900MHz, 1800MHz, and 2100MHz bands – key frequencies for expanding coverage and improving data capacity.

For MTN, which serves over 84 million subscribers, this additional spectrum could reduce congestion and improve service quality.

The company has also had financial difficulties in the Nigerian market due to the naira’s substantial depreciation; this deal could support better service provision at a reduced cost.

That said, MTN Nigeria’s results for the first quarter to March 31 2025 were apparently much improved, and the company recently announced a massive capital expenditure drive for 2025 of some NGN900 billion (US$568.5 million) as it seeks to significantly enhance network service quality in major cities like Lagos and Abuja and extend improvements to other areas.


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Banks, Telcos to Start Deducting USSD Charges from Airtime  Today

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Banks and telecom companies will begin deducting USSD banking charges directly from customers’ airtime instead of their bank accounts beginning from today, June 3.

Banks, Telcos to Start Deducting USSD Charges from Airtime  Today

USSD, otherwise Unstructured Supplementary Service Data, is a communications protocol used by GSM cellular telephones to interact with a mobile network operator’s computers.

First City Monument Bank (FCMB) announced this change in an e-mail message to customers, following a directive from the Nigerian Communications Commission (NCC).

Key details:

Each USSD session will cost ₦6.98 per 120 seconds, charged by your mobile network.

You will be asked to approve the charge before it’s deducted from your airtime.

If you prefer, you can use other banking channels like ATMs, mobile apps, or internet banking.

This change is part of a move to end the long-standing debt dispute between banks and telecoms over unpaid USSD fees.

As of late 2024, banks owed telecom companies ₦160 billion. For example, MTN was owed ₦42 billion by Nigerian banks.

By shifting USSD fees to customers’ airtime, the telcos aim to recover these debts and avoid future issues.

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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IHS Nigeria Moves to Enhance G4S Secure Solutions Site Patrols and Increase Operational Efficiency with Patrol Vehicles

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L-r: Sylva Ifedigbo, Associate Director, Corporate Communications, IHS Nigeria, Dominic Ekesiobi, Electronic Systems Service Director, G4S Secure Solutions, Sadisu Jibrin, Director, Administration Operations, and Jubril Saba, Vice President, Operations, both from IHS Nigeria with Jonas Ahl, Managing Director, G4S Secure Solutions, Bukky Bademosi, Head of Sales, G4S Secure Solutions, and Bukola Konkwo, Associate Director, Operations Excellence, IHS Nigeria, at the commissioning of 65 response
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IHS Nigeria, a subsidiary of IHS Holding Limited and one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world by tower count, has formally commissioned 65 Response, Patrol, and Escort (RPE) vehicles to G4S Secure Solutions Nigeria Limited, its long-standing security partner.

The commissioning ceremony which held in Ikeja GRA, Lagos, underscores IHS Nigeria’s commitment to operational excellence, safety, and strategic partnerships.

The fully equipped vehicles, customized with radio systems, public address systems, medical kits, ladders, and amber lights, are expected to significantly enhance G4S’s patrol capabilities and enable proactive risk mitigation across IHS Nigeria’s infrastructure footprint in the country.

Speaking at the event, Jubril Saba, Vice President, Operations at IHS Nigeria, remarked: “IHS Nigeria is delighted to formally hand over these Response, Patrol and Escort (RPE)  vehicles to our valued security partner, G4S Secure Solutions Nigeria Limited. As a company, we recognize that the success of our operations lies not only in our technology and infrastructure but also in the strength of the partnerships we build and sustain.

G4S has been an essential partner in protecting our sites, supporting our teams, and ensuring operational continuity across the country. This initiative is more than just a commissioning of vehicles; it is a reaffirmation of our commitment to the safety of our people and assets, our drive for operational excellence, and our belief in strong partnerships.

We understand that securing our infrastructure and communities is critical to sustaining high-quality services nationwide, and we are confident this fleet will enhance G4S’s capacity to support us.”

Also speaking at the event, Jonas Ahl, Managing Director of G4S Secure Solutions Nigeria Limited, expressed his appreciation for the partnership:

“We are proud to receive these 65 custom-built patrol vehicles from IHS Nigeria. Each unit is fully outfitted to meet the specific security needs of our operations, equipped with communication systems, emergency response tools, and visibility-enhancing features. These vehicles will not only improve our response times and field presence but also enable us to reduce risk and deter criminal activity more effectively.

I would like to thank the IHS team for their excellent collaboration throughout this project. We are proud to serve IHS and remain committed to protecting the assets that power connectivity across Nigeria.”

This strategic gesture reinforces IHS Nigeria’s position as a socially responsible and security-conscious industry leader, while highlighting the value of operational synergy with trusted partners like G4S.

The deployment of these vehicles marks another milestone in IHS’s mission to secure its infrastructure and deliver uninterrupted service to millions of users across the country.

 


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