Tech Startups that are changing how things work in Nigeria
The 21st Century was tagged the African century because of the booming economic and political growth the continent is experiencing The so-called sleeping giant that was categorized to the continent because of its untapped resources is about to change, and the new face of Africa is about to surface on earth. Africa is indeed experiencing significant growth in some sectors like technology, transportation and tourism but that is not enough because some other state institutions need to upgrade and join terms with 21st-century working ethics. In this growth, Nigeria was not left behind because the economic giant of the continent is facing a high rate of technological growth, with credits to the passionate tech-hungry youth the country possesses. Here below, we have drafted a 2018 official list of the top 3 tech startups that are contributing to the growth of the country.
2018 Top 3 Startups Changing How Things Work In Nigeria:
1. Paylater: Paylater is a simple, entirely online lending platform that provides short-term loans to help cover unexpected expenses or urgent cash needs. With just an Android device and basic requirements, you can apply for a loan 24 hours a day, 7 days a week with a quick application process that lets you know your status within minutes. Paylater is changing the status core of lending by providing a platform that can be easily accessed unlike traditional banks and you don’t need collateral or guarantor.
2. Farmcrowdy: Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by connecting farm sponsors with real farmers for the purpose of producing high-quality farm produce. Farmcrowdy is disrupting the agricultural ecosystem by using tech to enhance productivity and economic growth.
3. Cars45: Cars45 is leading platform where anyone can and buy and sell cars in just 45 minutes, this disruptive innovation makes life easier for a lot of Nigerians because of the way it saves time and pays fast cash in a matter of minutes.
Have genius ideas? You can also be part of the African tech revolution by pushing your dreams!
Olatorera Consultancy Limited provides business development services to high net-worth individuals and companies looking to grow, enter or do business in Africa.