Gozem Vehicle Financing Platform Gozem Pte Limited (the Company) is a Singapore based company with mobile transport reservation application that connects end-users (passengers and merchants) to transport providers with operations using motorbike taxis (moto-taxis). Gozem currently operates in Benin, Cameroon, Gabon, and Togo. IFC is partnering with the Company to develop the Gozem Vehicle Financing Platform (the Platform) and to implement Phase 1 of the Platform in Togo and Benin, targeting 6,000 drivers, of which up to 10% are anticipated to adopt the use of electric-bikes (e-motor bikes) (the Project). The Platform will take the form of a special purpose company (Gozem Money Singapore). Financing from this special purpose company will be deployed to the two companys subsidiaries in Benin and Togo (Gozem Money Benin and Gozem Money Togo respectively).      Gozem connects end-users with the following types of drivers:  1. Drivers that operate under the application using their own vehicles (if the moto-taxis meet Gozems safety and quality standards)  2. Drivers participating in the Platform  3. Drivers driving vehicles provided by a third-party fleet manager  4. Drivers driving vehicles leased by Gozem to a fleet manager.     Both Gozem Money Benin and Gozem Money Togo procure and supply the bikes to drivers. The drivers will have an opportunity to own the bikes once the cost has been recovered by Gozem over a 1524-month period. Passengers payments are made through the e-wallet Gozem Money or by cash. Gozem charges a commission on any trip generated through the Gozem App. Gozem debits its commission and lease payment from drivers e-wallet and drivers receive payment from the e-wallet.     IFC and Gozem will collaborate to implement the following scope for the Pilot project which would involve the   (i)                 development and implementation of a viable and scalable structure for the Platform, including simplifying the overall corporate structure where possible, improving the governance structure of Gozem, reviewing management skills necessary for Gozem to achieve its expansion plans, development and implementation of a vehicle procurement and deployment plan;   (ii)               development and implementation of market expansion plans for the Platform in Benin and Togo,   (iii)            market, legal, environmental, social, and regulatory review of future markets for the Platform including but not limited to Gabon and Cameroon,    (iv)             implementation of the environmental and social action plan and insurance requirements, and the deployment of capital to partially finance the procurement of up to 6,000 moto-taxis (including e-bikes) for the Project. Development Impacts    The main project-level impact is on stakeholders by supporting improved access and quality of urban transportation, and from increased formalized   employment improving      quality and diversity of jobs. The project may also contribute to lowering the energy intensity of transport infrastructure by utilizing new vehicles with higher fuel efficiency. Beyond the Project, the investment is expected to increase market competitiveness through improved innovation and project offering by developing a replicable financial and technical solution for the transport sector aimed at increasing the stock and quality of ride-hailing in francophone markets.