Top 15 Startups in Nigeria solving Nigerian Problems
Thanks to technology, many Nigerians are relying less on the government to provide employment opportunities for them. Nigerians now focus on building their personal brands and starting up businesses that will empower others and create job opportunities for youths. There are a lot of startups in Nigeria, but in this post, we will be looking at the top 15 Startups solving Nigerian Problems.
A startup is a business or a company that is designed for massive growth, mostly leveraging technology. Startups create job opportunities and employers individuals in a community. Startups are mostly high-risk ventures and are mostly managed Entrepreneurs.
Top 15 Startups in Nigeria solving Nigerian Problems
The brand is a payments platform that is arguably the Stripe of the African continent, and with a potential 1.2 billion users, that’s a huge opportunity right there. Flutterwave’s innovative API solution allows users to make customized payment and goes beyond into expenses management systems for small and large scale business owners.
PiggyVest is experiencing immense growth and boasts of about 195,000 registered users with over N1 billion monthly savings and has been a dominant voice within the fintech space in Nigeria.
The company plans more financial features to form the platform more robust and primed to succeed in more users across the continent and attention to travel globally.
Paystack is a Fintech company focusing on building technology that helps Africa’s best businesses grow from new startups to market leaders launching new business models. They make it easy for businesses to simply accept secure payments from multiple local and global payment channels, then we offer tools to assist you to keep existing customers, and acquire new ones.
- Thrive Agric
Since 2017, Thrive Agric has supported more than 4,000 farmers with crowd-sourcing models and help small-scale producers with access to finance, best practices, and link up with buyers during harvest.
Currently among the five hundred startups participating at the tech accelerator program of the Silicon Valley firm.
A multi-million company will continue growth expansion in Africa and is planning on expanding to South America and South-East Asia. The company is additionally getting to partner with credit institutions to drive financial access around the world.
Following its successful launch in Nigeria, Ri is looking to start operations in a few other African countries within a period of 18 months.
Ri is targeting to push the direct use of the Ri Co-Banking application and USSD channels from its current 10,000 users to 500,000 users.
LifeBank’s major mission is to bring down the number of deaths linked to limited oxygen availability improving oxygen distribution to hospitals through AirBank in a country where quite half a million die annually due to hypoxemia.
Kobo360’s goal is to create a worldwide logistics OS upgrading its platform and expand operations to Ghana, Togo, and Cote D’Ivoire.
By doing this, it plans to feature a more physical presence throughout Nigeria and open100 hubs before the end of 2020.
- Estate Intel
Estate Intel is providing data for the commercial land sector in Nigeria building a web-based application for market participants.
The real estate startup also won $10,000 recently at the Pitch Storm event organized Techpoint. Dolapo says Estate Intel intends a solution tailored towards people’s problems in the real estate industry.
Farm crowdy is a leading agricultural technology startup in Nigeria. The technology-oriented agricultural platform was initially launched in 2016 to empower small-scale farmers and increase food production in Nigeria.
- All pro
All pro are working to address the challenges – funding majorly, affecting education in Nigeria providing finance through access to loans. Allpro is a lending platform for schools in Nigeria offering credit risks for lenders while making access to credit easy for various stakeholders within the school ecosystem.
contribute, a startup based in Nigeria is one of many helping the huge marketplace of African farmers – they offer access to affordable vaccinations from regulated providers. The agritech sector is one of the fastest developing sectors in Africa with many Africans making their living this manner. This is yet one more example of how farmer experiences are being improved tech.
Hotels.ng is an online travel agency that specializes in hotel booking in Nigeria. They help make the method of booking a hotel seamless providing comprehensive help and support to their client. Hotels.ng also provide reviews and recommends hotels ensuring that their clients stay during a clean and cozy hotel everywhere in the country. They aim to be the most important provider of travel information and reservation in Africa. The brand also has a sister project HNG Internship that provides free remote internships to software developers in Africa.
OPay recently emerged as the most disruptive solution in Nigeria’s fintech sector. When you hear of Opay, think of mobile payment services, affordable bike rides, food delivery. quick loans, and bus-hailing services. This Africa-based mobile payments startup was founded Norwegian browser company Opera in 2018. By June 2019, OPay’s bike hailing service hit the Nigerian scene with its ₦100 promo.
- The college situation
The startup is relatively new, it was launched in January 2020 a Nigerian software developer based in the US, Favor Ori. The app is solving the problem of affordable education. Students can utilize the app to source scholarships abroad. The startup has been sold to ABiT Network for $74000 (22 million) barely 3 weeks after it’s launch. The app is a very promising startup in the Nigerian ecosystem.
The advancements in technology have made it for everyone to develop skills needed to solve real-world problems and build disruptive startups that will save a particular problem. It doesn’t matter if you’re in school or not. Developing yourself and learning necessary skills even while in school will go a long way. You won’t have to depend on the government for employment, rather you will create your own employment and help mobilize others.