YANGO CAMEROON : A major economic asset for transporters

Yango, the transport company, has experienced significant expansion in Cameroon, providing a convenient and safe alternative to traditional modes of transportation. Through its user-friendly mobile application, users can easily book a ride with a Yango driver, helping to address the urban mobility challenges faced by the country.

One of the major economic benefits of Yango lies in job creation. The company offers employment opportunities to drivers who wish to generate additional income by using their own vehicles. This flexibility allows drivers to work part-time or full-time according to their preferences and financial needs. Moreover, Yango helps reduce unemployment by providing job opportunities to many drivers who may face difficulties in entering the traditional job market.

Drivers working with Yango also benefit from a stable and regular income source. The platform provides them with an expanded customer base, increasing their chances of finding passengers and completing more paid trips. This increase in individual income helps improve the living conditions of drivers and their families while stimulating consumption and local economic growth.

Furthermore, Yango promotes financial inclusion by offering drivers the opportunity to join the formal economy. As partners of Yango, drivers are able to provide legal and regulated transportation services, protecting them from the risks and issues associated with the informal sector. This allows them to access social benefits such as health insurance and retirement plans and contribute to the country’s social security schemes.

The economic impact of Yango extends beyond drivers. The company also generates tax revenue for the Cameroonian government. Through the collection of taxes on each trip made by partner drivers, Yango contributes to national tax revenues, which can be reinvested in economic and social development initiatives.

Lastly, Yango improves accessibility to transportation services for Cameroonian citizens. With its user-friendly application and 24/7 availability, users can easily book a ride anytime and anywhere. This enables individuals to move more easily within cities, access economic opportunities, and actively participate in social life. The improvement in mobility has a positive impact on overall productivity and stimulates economic development.

In summary, the transport company Yango brings many economic benefits to Cameroon. By creating jobs, supporting driver incomes, promoting financial inclusion, and improving accessibility to transportation services, Yango contributes to the country’s economic growth. This innovative enterprise embodies the evolution of the transportation sector in Cameroon and plays a key role in promoting sustainable urban mobility and economic inclusion.

As a reminder, Yango arrived in Cameroon in September 2019. The company chose the country as one of its first expansion markets in sub-Saharan Africa, recognizing the potential of Cameroon in terms of urban mobility and the growing demand for modern transportation services. Since its launch, Yango has become one of the leading players in the transportation services sector in the country.

Raphaël Mforlem