Call for potential investors
EASE is a travel platform whose products include airline ticket sales, furnished flat and hotel reservations, travel packages, car hire, travel insurance and visa assistance. Created in 2018, EASE aims to bring together all travel, urban mobility and tourism services on a single platform (website and mobile app).
The declared goal is to make travel accessible to everyone, to have all the services under one roof with a single point of contact and all the payment methods available.In 2020, after raising FCFA 68,700,000 from 42 investors through the issue of new shares, we achieved some significant milestones
- From 8 (2020) to 49 employees (2024)
- From an office in a co-working space to 4 different sites (2 in Douala, 1 in Yaoundé and 1 in Abidjan)
- From FCFA 609 million in sales in 2019 to XAF 4,200 million in 2023
Over the next 4 years, 2024 - 2027, our ambition is to establish EASE in 12 new countries, making EASE a well-known and recognised brand on an African scale, a benchmark in the tourism and travel sector.
By 2027, we want to be present in 14 African countries as well as on the European market, and achieve annual sales of 50,000,000,000 FCFA (fifty billion) per year.
To finance our 2024-2027 plan, we are launching a new round of fundraising with the aim of raising FCFA 300 million by issuing 10,000 new shares.
West and Central Africa represent 26 countries, 600 million people and more than 30 million international travellers a year. According to the World Tourism Organisation, by 2030, consumer spending on tourism, hotels and leisure in Africa is expected to reach $261 billion. According to IATA, by 2035, traffic in Africa is expected to almost double to 263 million passengers from 134 million in 2022. Boeing estimates that African airlines will need 1,015 new aircraft over the next 20 years to meet demand. So this is a very large and fast-growing market.
- 2018 (April to December) EASE achieved a turnover of 194,225,000 FCFA (air tickets and car hire)
- 2019 - sales of FCFA 608,225,000 (flight tickets, car hire, tourist trips, Visa Assistance, travel insurance, etc.)
- 2020 - Covid, 6 months of activity and fundraising. Turnover of 480 440 000 FCFA
- 2021 - Hotel booking platform, mobile application, new offices in Douala, sales of FCFA 1,485,000,000
- 2022 - Opening of Côte d'Ivoire subsidiary, IATA EASE Cameroon accreditation, turnover of 2,976,000,000 FCFA
- 2023 - IATA EASE CIV accreditation, opening of an office in Yaoundé, turnover of FCFA 4,200,000,000
documentation
Share price
| currency | fcfa | usd | euro |
|---|---|---|---|
| Share price | 25 000 | 41.59 | 38.22 |
| Minimum number of share | 40 | ||
|---|---|---|---|
| currency | fcfa | usd | euro |
| Total price | 1 000 000 | 1 664 | 1 528 |