Business alliance with SBI Africa. Started exporting used auto parts to Nigeria

STANDAGE Inc. and SBI Africa Co., Ltd. have entered into a business alliance.
And we have jointly started to export and sell used auto parts to Nigeria.

▶︎Background
In Nigeria, one of the largest populations in Africa with over 200 million people, Japanese used cars are very popular.
However, exported used cars are used until they no longer work, and a huge number of scrap cars are discarded or illegally dumped throughout the country.
In addition, there is a lack of parts and technology to recycle cars, and the reuse rate is low.
Therefore, SBI Africa, which exports used vehicles mainly to African countries and other emerging countries, and STANDAGE, which has a local subsidiary in Nigeria, will jointly develop local sales channels and export used auto parts, for which demand is tight.
By doing so, we will increase the reuse rate of used vehicles in Nigeria and promote resource recycling.

▶︎Outline
SBI Africa launched SBI Motor Japan, a cross-border EC site for overseas buyers, in October 2020.
Through its automobile sales base in Kenya, SBI Africa exports and sells Japanese used cars mainly to East African countries.
This is our first foray into Nigeria.
STANDAGE has a local subsidiary in Nigeria.
They provide DiGiTRAD, a comprehensive digital trade service that can complete all trade operations, from matching buyers and sellers, to settlement and financing, to cargo delivery.

In this export of used automobile parts, the two companies, which have bases in Africa, will jointly develop sales channels and export used parts from SBI Africa using STANDAGE’s DiGiTRAD service.

In the future, we plan to export used auto parts not only to Nigeria but also to West African countries.
And jointly promote the reuse of automobiles in Africa and other developing countries, aiming to contribute to the formation of a recycling-oriented society.

【Contact Us】
4F Shiba NA Building, 3-6-10, Shiba, Minato-ku, Tokyo, Japan, 105-0014
STANDAGE Inc.
CEO: Akinori Adachi
COO: Kenta Omori
E-mail: info@standage.org