MAX.ng listed in london Stock Exchange group’s “Companies to Inspire Africa” list for 2019

BD filed photo

Max.ng, a Nigerian mobility startup founded in 2015 by two MIT Alumni, Adetayo Bamiduro and Chinedu Azodoh was listed in the London Stock Exchange Group’s “Companies to Inspire Africa” List for 2019. This is the second edition of the “Companies to Inspire Africa” report. The report identifies and celebrates some of Africa’s most dynamic growth businesses. 360 companies were selected from 32 countries.

The report was produced in partnership with African Development Bank Group, Commonwealth Development Corporation (CDC) Group, PricewaterhouseCoopers (PwC) and Asoko Insight, and Instinctif Partners and Stephenson Harwood sponsored it.

“London Stock Exchange Group’s ‘Companies to Inspire Africa’ report showcases inspirational and entrepreneurial businesses from across the African continent, representing a wide variety of industries and countries. It is particularly encouraging to see the increasing influence of women in leadership roles in these fast-growing companies, playing a pivotal role in shaping the future of African business.” David Schwimmer, CEO, LSEG, said during the launch.

He also stated that these high growth companies have the potential to transform the African economy and become tomorrow’s job creators. “At LSEG, we are committed to helping companies realize that potential and we are pleased to highlight and celebrate the company success stories behind one of the world’s fastest growing markets.”

Adetayo Bamiduro CEO of MAX.ng said, “this feat shows that the impact MAX is having on individuals, businesses and the economy as a whole is not going unnoticed”. He also thanked the London Stock Exchange group for the recognition and urged them to continue promoting high growth companies that have the potential to transform the African economy.

About MAX:

Metro Africa Xpress(MAX) is solving a persistent problem in the Nigerian transportation system and Africa as a whole using mobile technology to formalize West Africa’s fragmented and highly inefficient informal motorcycle taxi industry. MAX provides last-mile deliveries for businesses.
MAX mobile application provides commuters access to safe and affordable motorcycle-transport service and is currently available on both Android and iOS platforms. We save commuters an estimate of 6 hours daily and 180 hours a month usually spent in traffic by providing access to safe, reliable and affordable moto-taxi transport just from the click of a button on their mobile devices.

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