Nigeria is one of Africa’s largest economies, largely due to its huge gasoline exports. But Nigeria’s startup economy is going from strength to strength, and this is not the only sector taking over the country.
Just yesterday, the National Information Technology Development Authority (NITDA) announced that 12,948 Nigerian startups have registered through the new startup portal as part of the Nigeria Startup Act of October 2022. The signed law is a major step towards building a start-up law in Nigeria. An economy that supports entrepreneurship.
As Nigeria’s startup sector continues to flourish, here are 10 Nigerian startups to keep an eye on.
1. GoNana – Support local farmers
GoNana is a trading platform for local farmers that allows them to trade and increase their income based on increased yields. Built on blockchain technology, the company is helping more farmers in Nigeria increase their incomes.
By cutting out the middleman, GoNana allows farmers to sell their produce at real value while also connecting them to investors and investment opportunities.
2. Talowork – Business management platform
Talowork is a business management system that allows companies to manage HR, CRM, ERP, and projects all in one place.
Talowork helps businesses streamline their operations and focus on driving profits by allowing them to track their products in one place.
3. Nomba – Payment Solution Provider
Nomba helps businesses manage financial transactions through POS systems.
The company’s secure platform and bespoke technology enables businesses to offer a wide range of payment services, making it easier for businesses to grow and receive secure payments.
4. AlosFarm – Agriculture Innovator
AlosFarm helps farmers plan and manage their farming operations from seed to plate. The company provides support from pre-harvest to post-harvest logistics management to help maximize harvest yield.
The company provides valuable support to Nigerian farmers by helping them maximize yields and seamlessly manage their operations.
5. Vendease – Food Sourcing Platform
Vendease acts as a link between hospitality companies and food suppliers, providing tools to simplify food sourcing.
The platform enables restaurants and hotels to efficiently track, order, and receive fresh produce, reducing waste and increasing profitability.
6. InvestBamboo – Democratizing investing
InvestBambo’s user-friendly platform allows Nigerians to invest in US and African stocks.
Their services help more people navigate the investment process, making it easy and manageable for both beginners and experienced investors.
7. Moove – Vehicle financing for mobility businesses
Moove is a vehicle finance company with a mission to help more people in Africa buy vehicles for their business.
Through our technology-driven platform, Moove supports economic growth by providing access to vehicle financing to people who need business.
8. Remedial Health – Making healthcare more accessible
Counterfeit medicines cause many deaths in Africa each year, and Remedial Health is helping improve access to medicines.
Our unique combination of technologies allows us to deliver medicines legally, affordably and in a timely manner to the pharmacies and medical centers that need them most.
9. LemFi – International Payment Software
LemFi is on a mission to close the financial inclusion gap so Nigerians can send and receive money around the world.
LemFi is helping more people take control of their finances with fast transfers and transparent fees.
10. Kwaba – Rent payment management
Kwaba helps people across Africa pay their rent on time and avoid eviction.
Kwaba is helping more people stay on their rent payment schedule by reminding them to save, holding them accountable, and providing access to instant financing when needed.
