World Moto, Inc. announced the opening of its North African regional office located in Lagos, Nigeria. Changing the way the world goes around, World Moto is a global authority on the $500 billion a year motorcycle taxi industry and inventor of the Moto-Meter, the motorcycle taxi meter. Nigeria is one of many countries where distributors, moto taxi operators, and officials have expressed strong interest in the Moto-Meter, and feedback from initial discussions has been entirely positive.

Establishing a physical presence in the city is now essential for the Company as it enters the process of formalizing these discussions into a clear plan to introduce the Moto-Meter into Lagos and cities across Africa. World Moto intends to commence shipping inventory to this part of Africa by the third quarter of 2013.