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Tag Archives: African brand

Iyali Foods Will Deliver Fresh Farm Food To Your Doorstep

Nigeria is rich in arable land and agricultural produce. Its citizens should have no business going hungry. The challenges as experts have identified include food distribution and storage. Iyali Foods is a startup that is looking to take on this problem. It wants to ensure Food Security in Nigeria.

Faith History interviewed its Founder; Seyi Albert on this episode of the Everything Digital Radio Show.

 

Iyali Foods: A Little Bit About Its Founder Seyi Albert

Seyi Albert is the Founder at Iyali Foods. Seyi considers himself a techie and a foodie. The founder worked five years in the digital media space before launching Iyali Foods. He was also the Social Media Lead for the Buhari Campaign. He first got the idea for Iyali Foods in 2013. Seyi experimented with the idea under a different name before he launched it fully about a year ago. His grandparents were farmers and his Dad used to do the grocery shopping unlike most African homes. Seyi’s paternal grandmother owned a restaurant which probably explains why his Dad did the grocery shopping.

 

Iyali Foods: Making Farm Fresh Food Accessible

Iyali is an Hausa word which means family.  The startup’s goal is to make affordable food easily accessible. It takes off the stress of going to the market to do your grocery shopping. At the initial stage, clients could send their grocery shopping list via Whatsapp. The list would specify the quantity and sizes of the grocery items. The startup founder would then proceed to issue them an electronic invoice. After payment is finalized, delivery of the items will take place. The prices for the groceries are affordable. They are the same as you would get at your farmer’s market.

The food items Iyali Foods delivers ranges from vegetables to vegetable oil. The startup has access to variants of popular food items Nigerians consume. They have access to about four types of cabbages, lettuces etc. The food categories available on Iyali Foods include; Fruits, Tuber, Vegetables, Grain, Pepper, Herbs, Meat & Fish.

 

Iyali Foods: Ensuring Optimum Food Security In Nigeria

Iyali Foods helps farmers prevent food wastage due to logistical challenges. The startup has built a logistical network that delivers to its clients on time. It is able to source farm produce from farmers & related partners who are far from its end consumers. Many of whom are based in Lagos State. It sources from partners in Jos, Plateau State and other parts of Nigeria.

Iyali Foods delivers to clients in the following service areas in Lagos:

  • Lekki
  • Victoria Island
  • Ikoyi
  • VGC
  • Abraham Adesanya
  • Banana Island

You can try out the platform here. Do not forget to listen to the full interview here. Finally check out our previous episode here and here. Please let us know what you think in the comments.

Eventions: Buy Gifts Anywhere In The World And Get Them Delivered In Nigeria

One of the things that make the holiday season exciting are gifts! From the surprise you meet when unwrapping the gifts to the joy of owning something brand new, these things make the holiday season special. One of the challenges about buying gifts are ideas; what to get. Another one is the stress of looking for the items. What if you could find all the answers you need in one place? Eventions wants to be your one stop shop for ordering gifts.

The startup is an online gift solution for anyone around the world to find gifts, buy gifts and have them customized, packaged and delivered in Nigeria. Faith History interviewed Lami Attah the Founder to find out more about the startup. Take a listen here.

 

Eventions: A Brief Profile Of The Founder; Lami Attah

Lami Attah has a Mathematics and Computer Science background. She fell in love in technology through computer games and similar gadgets. Lami Attah liked the idea of building computer programs. She studied at the Federal University of Technology, Niger State, Nigeria. Her undergraduate thesis was in E-commerce at a time when the field was non-existent in the country.

In 2014, Lami Attah launched Eventions.ng, an online gifting solution focused on delivering orders in Nigeria. This was more than 7 years after she studied the field. The Nigerian E-commerce industry has since come of age in the past few years with pace setters like Konga, Jumia, DealDey etc.

 

Here Are The Gift Items You Can Find On Eventions

The platform currently has a wide range of gift items. Anyone who design gifts or has a gifting business can also sell on Eventions. Buyers can send Made In Nigeria gifts to friends or loved ones abroad. Nigerians in Diaspora can also send gifts to their relatives in Nigeria. As an example, the startup has delivered flowers to a person in Ondo State, Nigeria. This was done in less than 6 hours.

Gift items include food, hampers, pens, mugs etc. The startup has also helped clients mend their relationships. Its most popular gift item in the last 6 months has been a pair of socks. The socks is called the “mumu button” (soft spot in Nigerian lingo) socks. They have been highly patronized by Nigerian women. The socks are gifted to men by these women. Another bestseller on Eventions.ng is its football team mugs. Buyers can have their names and football teams or those of their loved ones printed on them.

 

Some Special Features Of The Eventions Platform

Buyers can find gifts for as low as 1,500 Naira on Eventions.ng. There are gifts for people of all ages and social status. Eighty percent of Eventions’ clients are women. The startup has also realized that many of its buyers shop from their mobile devices. Its mobile app will be available for use soonest.

Buyers can build a hamper on the platform. Another feature available is customization. Users can customize gifts on the website. They can add names, photographs etc. Clients can also save special dates (like birthdays etc). on the platform. This implies you can buy gift items in advance for your loved one. Saving the date ensures you do not forget to get them a gift.

 

Do try out the Eventions.ng platform and tell us what you think in the comments. You can also find the startup on Twitter and Instagram. Listen to the full interview here. Also check out our last episode here and here.

 

Drinks.ng Wants To Deliver Your Liquor Orders To You At Anytime Of The Day

If you live in any part of Nigeria, there are typically two ways to get beverages (these include alcoholic & non-alcoholic). You either walk into a store to pick them up or call a vendor.  Drinks.ng is making this process easier for everyone. The four-year-old drinks ordering platform will deliver at any time on Lagos Island, Nigeria. It currently runs a 24-hour service in Africa’s most valuable startup ecosystem.

Faith History had a chat with LanreAkinlagun on Episode 107 of the Everything Digital Radio show. Listen to the interview here.

 

Drinks.ng: A Brief Profile Of The Founder

LanreAkinlagun studied Marketing & Mass Communication at the London Metropolitan University. He fell in love with technology during his time at University. He got his first job after University at Universal Pictures. As part of his portfolio, he had the task of understanding the digital space and its implications for traditional business models.This task was the start of his journey in the digital marketing space. He later moved to join Vizeum, a digital marketing agency.

Although he is not a developer, Lanre considers himself as a techie from a digital marketing point of view. He has spent the past 12-13 years in the digital marketing space.

 

Drinks.ng: Here’s How It All Started

He first got the idea to start Drinks.ng when he was asked to purchase drinks for a wedding. Lanre was frustrated as there was no single place to get all the drinks he needed. He was advised to either go to the open market or call ‘a certain guy’.  According to Lanre, everyone had a certain guy you could call. He started Drinks.ng to make it easier for consumers to get the drinks they want in any quantity. The startup’s goal is to help consumers get authentic drinks at competitive prices.

 

“Our Beverages At Drinks.ng Are Authentic” – Lanre Akinlagun

Consumers ordering from the platform should be rest assured of the authenticity of the beverages. Drinks.ng works directly with all the manufacturers of the major brands.  They include MOET Hennessy, PernodRicard, Diageo etc.According to Lanre, the startup has a solid relationship with all of the major manufacturers. One proof of the solid relationship is the fact that some of them have taken the Founder on trips across the world. For example, Lanre has visited the Champagne and Cognac regions in France courtesy some of the manufacturers.

Additionally, the startup has great deals from time to time. For example, if a consumer orders two bottles of MOET, they could get two bottles of mini MOET. The startup also gives out goody bags when they get invited for interviews.

 

 

“Drinks.ng Has Got Footprints Across Nigeria” – LanreAkinlagun

The organization currently deliversdrinks to 24 states across Nigeria. Keep in mind that there are 36 states in Nigeria. Consumers outside Lagos can order as little as one bottle. Drinks.ng has an office in Lagos and Abuja in Nigeria. The startup is also opening its Port Harcourt (the capital of Rivers State, Nigeria) office soonest.Drinks.ng also delivers beverages to events, clubs, etc. at any hour of the day on Lagos Island. The organization will get drinks to any part of Eastern Nigeria within 48 – 72 hours. It plans to be present across the whole of West Africa in the next 3 – 5 years.

According to LanreAkinlagun, there are typically three major reasons why people outside Lagos order drinks from them. First, their local vendor’s prices are slightly higher than Drinks.ng. Secondly, they are unable to get those drinks in their region. Finally, they have had a bad experience with their local vendor in the past.

Drinks.ng currently has a magazine called ‘Spirit’. The magazine features brand ambassadors from the beverage industry. It also contains informational and educative pieces about the beverage/liquor industry. There is also a catalogue of all the products you can get in Nigeria and where to get them.

Tell us what you think about this startup in the comments. Don’t forget to listen to the full interview here. Check out last week’s startup here and here. Also try out Drinks.ng here.

Social Lender Is Seeking To Help Low Income Earners In Africa Get Access To Formal Credit

Nigeria’s fintech industry is not only buzzing with innovative solutions, it is changing how we live and do business. One of such innovative solutions is Social Lender. Social Lender is a lending solution that provides loans to individuals based on their social reputation. Bincom ICT solutions is the mother company of Social Lender.

Faith History spoke with Bade Adesemowo, Co-founder & CTO (Chief Technology Officer) at Social Lender, listen to the interview here. Bade Adesemowo is a techie who started off with website development seventeen years ago. He handles software development and everything technology at Social Lender. The CEO (Chief Executive Officer), Faith Adesemowo, has an investment banking background.

 

Social Lender: Here’s A Brief Background About The Startup

Social Lender piloted its product in 2014 with Sterling Bank. However, the startup officially launched in Nigeria in January 2015. After successfully testing and validating the solution, Sterling Bank took it live. The pilot was crucial as there was no similar solution at the time in Nigeria.

While Sterling Bank currently provides the funds in Nigeria, the startup has gone on to launch in South Africa. It launched in South Africa through Barclays Bank (ABSA Bank). The organization is looking to launch in Ghana in the nearest future. It is however worthy of note that the funds in Nigeria are not only available to Sterling Bank account holders. Non account-holders can also receive the loans. This was initially impossible in the first year the product launched.

 

Social Lender: Loans Are Given Based On Social Reputation

Social Lender helps banks lend money to people based on their social reputation. This includes social media footprint, mobile reputation etc. The social reputation score is not only based on an individual’s social profile. It also assesses the profile of a user’s social guarantor.  The premise for the startup is the fact that every individual has a digital footprint. This is available either on social media or via your telephone contacts. This implies that reputation score is available for individuals who do not have a social media account.

The startup provides the technology that enables banks assess an individual’s social reputation. The individual can then use the reputation to borrow money from banks. Individuals can get a maximum of 100,000 Naira ($277) using their social reputation score. Once a social audit has been conducted, the loan will be paid into the users bank account within ten minutes. The organization is looking to increase the funds to up to 1 million in a few years’ time. One important fact Mr. Adesemowo mentioned (in this interview) was that the platform has a bad debt ratio of 4%. This is in comparison to the average of 10% – 20% in Nigeria. Essentially more than 95% of borrowers are paying up their loans. This proves that the algorithm works.

 

Social Lender: Here’s Why The Solution Is Very Important

The startup’s solution caters to more than 50% of adult Nigerians who lack access to credit. It provides a means to prove their credit worthiness which is one of the barriers to accessing funds.  People use the loans from Social Lender for emergency needs, small scale business capital etc. This has a ripple effect as it goes on to increase economic prosperity.

The startup is also set to launch its USSD platform with its eyes set on low-income earners. It recently signed a partnership with CGAP (Consultative Group to Assist the Poor). The partnership will involve exploring how social data can predict the loan repayment behavior of low-income earners. The pilot program will also provide loans to low-income earners. Feature phone users will also be able to apply for these loans via Social Lender’s USSD platform. You can learn more about the partnership here. Click here to begin the process of getting a loan.

 

Do listen to the full interview with Bade Adesemowo here. Kindly let us know your thoughts in the comments.

WeSabi.com: Three Takeaways From Faith History’s Interview With Sanni Murtala

Phony artisans, dishonest service providers, we all have in one way or another encountered them. Sanni Murtala faced a similar problem when he moved to his new apartment. WeSabi.com was his answer to this problem. WeSabi.com is an on-demand service platform that helps individuals and businesses find

Faith History interviewed Sanni Murtala, one of the Co-founders, earlier in the year. You can check out the interview here and here. We have picked out the three major takeaways from the interview.

 

Sanni Murtala: WeSabi.com Is Making It Far Easier To Find Reliable Artisans

Sanni Murtala moved into a new apartment in Abuja sometime ago. He had a linking sink and needed to get his AC installed. He reached out to a number of his friends for reliable contacts. None of the artisans showed up despite several phone calls. He later had to make use of contacts he found on a number of buildings. Sanni eventually got his sink and AC fixed after three weeks. The artisans he used did a mediocre job. The process was also quite  difficult and painful.

Sanni started WeSabi to make it easier for Nigerians like him who have a hard time finding reliable artisans. This is the holy grail of a great service or product. Does it make life ‘way’ easier for your target customers? If the answer is yes, then you have something on your hands.

 

Sanni Murtala: WeSabi.Com Is Helping Reliable Artisans Get Found Quite Easily

The startup doesn’t only solve a problem for end users it also solves a problem vendors have. In this case the vendors are artisans. There were great artisans as Sanni would later find out. The problem was there were way more unreliable artisans. The few excellent artisans found it tough to connect with their target clients. The artisans on the platform include Plumbers, AC Technicians, Electricians, Laundry Machine Repairers etc.

The more problems your business solves the better. More people would depend on your service for everyday living.

 

Sanni Murtala: WeSabi.Com Is Big On Trust And Quality Assurance

One of the barriers many online businesses face is the issue of trust. The major E-commerce startups in Nigeria had to overcome this barrier with offers like pay on delivery. WeSabi.com provides a professional indemnity insurance to its client in the case of theft and damages. This helps prospective client feel comfortable with using the platform. The startup also runs several checks and due diligence on the artisans on its platform.

One way it ensures it provides skilled and reliable artisan is by partnering with vocational centers to get access to them. WeSabi.Com also trains it artisans in skills such as customer service to ensure its end users get great service.

If prospective clients don’t trust they won’t do business with you. Startups that pay attention to what customers think about them and adjust accordingly will keep winning. Great service is one of the major attributes of successful businesses.

 

Do check out the full interview with Sanni Murtala here and here. You can also listen to other episodes of the show on Soundcloud or iTunes. Got any thoughts? Let us know in the comments.

MAX.ng (Metro Africa Xpress) Wants To Make It Far Easier To Move People & Materials Within African Cities

One of the challenges that businesses face in most Nigerian cities is the difficulty of moving man and materials around. The challenge is a multifaceted one that includes poor road network, illegal roadblocks, dishonest personnel, limited technology etc. There are a number of startups seeking to help solve this problem. One of them is MAX.ng. MAX is an abbreviation for Metro Africa Xpress.

Chinedu Azodoh is one of the Co-founders at MAX.ng (Metro Africa Xpress). He is also the Chief Technology Officer. The other Co-founder is Adedayo Bamiduro. Chinedu spoke with Faith History in this interview about what his organization is doing to help retail businesses in Nigeria attain their full potential.

 

Here’s Some More Details About MAX.ng’s Chief Technology Officer

Chinedu Azodoh started off his career in Technology before he later got into Logistics. He attended Loyola College and then moved on to Federal University of Technology Owerri (FUTO). Chinedu got a part scholarship to attend University in the United States of America two years into his programme at FUTO.

He studied for a dual degree in Electrical Engineering and Computer Engineering.  He later worked for a number of years at Barclays as a software engineer upon graduation in 2012. Chinedu then went on to attend business school at Massachusets Institute of Technology (MIT) with a concentration in Finance.

He decided he was going to set-up MAX.ng (Metro Africa Xpress) after he graduated from MIT.  Today, the startup he helped set-up has grown from nine (9) riders in January 2016 to about one hundred and twenty (120) riders.

 

What Exactly Does MAX.ng (Metro Africa Xpress) Do?

The startup is a mobility company that handles both deliveries and transportation. It connects a network of professional motorcycle riders with businesses and individuals that need them. The startup focuses on intra-state deliveries and transportation. MAX.ng (Metro Africa Xpress) guarantees delivery in less than three hours within Lagos and any other city it operates in.

Users can download the MAX (Metro Africa Xpress) app in the Google Play or Apple App Store. The platform provides real-time tracking so that customers know where their riders are at any given time. The startup currently operates in only Lagos. It is planning to expand to other cities across Africa in the coming year.

 

How MAX.ng (Metro Africa Xpress) Ensures Its Riders Are Of High Quality

For the transport service, MAX.ng (Metro Africa Xpress) ensures riders undergo a psychometric test. Riders take a written test before joining the network. The platform creates a profile for riders and grades them accordingly. The motorcycles used by riders are such that meet the regulatory requirements. These bikes are typically more expensive than the regular motorcycles. MAX.ng (Metro Africa Xpress) works with financial institutions and individuals to provide credit to would-be-riders. This is to enable them get the required motorcycles. Riders can then pay back the cost of the bike over a stipulated time-frame.

 

Here’s How It Ensures Its Trips Are Safe

Customers can use the MAX.ng (Metro Africa Xpress) app to place a delivery or transport request. The cost of using a MAX.ng (Metro Africa Xpress) motorcycle to move within the city is significantly lower than the regular options. Riders are also not allowed to break speed limits. Customers also get a helmet and hairnet from the rider before their trips. Riders provide a raincoat to customer if it’s raining. The trips are insured and there is money kept aside should an accident occur. The riders follow the necessary regulations which increase the safety of their trips. They are not allowed to pick up more than one customer. This is the cause of 60% of motorcycle accidents on Lagos roads according to Chinedu Azodoh.

Do let us know if you try out MAX.ng. Don’t forget to listen to the full interview here. Did we miss anything? Let us know in the comments.

AccountingHub.ng Is Demystifying Book-keeping For Startups And Small Businesses

Chioma Ifeanyi-Eze founded AccountingHub.ng after she spent eleven years working as an Accountant in different organizations. She received several invitations from friends to help set-up accounting systems for businesses from ground up. Chioma finally decided to set-up shop to help startups get their numbers right. Her startup now provides professional and affordable accounting services to startups and small businesses.

She spoke with Faith History in this interview about her journey as an entrepreneur and her startup. The Founder considers herself an accountant and a techie. This dual personality (if you will) is what has culminated into AccountingHub.ng.

 

AccountingHub.ng: The Founder’s Entrepreneurial Journey

Chioma Ifeanyi-Eze recalls that she has always loved numbers from a young age. She fell in love with maths right from her primary school years. Her Dad was an Engineer who spent time teaching mathematics. Chioma later went on to get a Bachelor’s and Masters degree in Accounting.

After her education, she landed a job with PricewaterhouseCoopers one of the big four accounting firms. After some time, she moved around several industries including banking, investment, aviation, logistics, just to mention a few. She spent eleven years in the accounting functions of about nine different organizations. Chioma got her ‘aha moment’ during those years when she found out that accounting systems and processes were non-existent in many businesses. Passion meets opportunity? Yes please!

 

AccountingHub.ng: Passion Meets Opportunity On A Scale

The startup was founded out of her goal to scale her work of establishing accounting systems and functions in several organizations. Setting up AccountingHub.ng consequently enabled Chioma leap from helping eight businesses to working with hundreds of businesses. It essentially gave her more time to solve the accounting problems of several organizations.

The startup focuses on helping several businesses with book-keeping and accounting systems. It helps them get credible numbers without having to chase down an accountant. The startup also ensures proper accounting processes are in place in every business it engages. Many times wrong numbers or losses are a result of failed processes. Where they don’t exist, there is consequently bound to be confusion or like we say in Nigerian lingo, “mago-mago” or better still “wuru-wuru”.

 

Now Business Owners Can Take Their Accountant Everywhere They Go

No, we don’t mean an actual person. AccountingHub.ng provides cloud accounting services which implies that you can keep tabs on your numbers wherever you are. Startup founders and business owners can track inventory, sales etc. on the go without a need to call an accountant every second. The startup is a Certified Sage One Adviser. Sage One is an cloud accounting system which satisfies the book-keeping needs small businesses may have. AccountingHub.ng also works with other accounting systems, find a full list here.

Chioma and her team also automate accounting processes for startups so they always get their numbers right. Additionally, the startup provides training to in-house accountants. Furthermore, startups can get a free consultation from AccountingHub.ng. Organizations can also purchase services from its online shop. The startup also helps with financial projections, analysis and assumptions. Finally, AccountingHub.ng also assists businesses with filing their taxes.

You can listen to the full interview with Chioma Ifeanyi-Eze here or download it here. Do let us know what you think in the comments.

 

Aella Credit: Three Takeaways From Faith History’s Interview With Akin Jones

Akin Jones quit his job as Head of Investment Banking Group at a financial services company to start Aella Credit. Aella Credit is an online platform that enables people to access loans instantly. Akin holds a degree from Howard University in Washington DC, USA. He also attended the famous Kings College, Lagos.

Faith History interviewed Akin Jones more than a year ago. Here are the major takeaway from the interview:

 

Akin Jones: Aella Credit Rewards Its Customers To Borrow More

Five years of market data drive the lending platform. Better borrowers were identified using the data. Borrowers get rewarded for the loans they request for. The organization rewards borrowers in order to get them to request more loans. The startup not only provides the platform they also provide the loans. This is as opposed to partnering with lending companies. The goal according to Mr. Jones, as at a year ago, is to get lending companies on the platform in the nearest future. This will make Aella Credit a marketplace of lenders and not just a lender.

The platform is integrated with the major credit bureaus in Nigeria. This allows Aella Credit analyze the debt to income profile of prospective borrowers, social demographic information etc. It is tough to get a loan from the startup according to Mr. Jones. Prospective borrowers must scale eighty percent of its verification process.

 

Akin Jones: Aella Credit Didn’t Do Any Marketing When They Launched

Many of Aella Credit’s customers were based in Lagos as at the time of its pilot. During this time it partnered with about twelve companies in Nigeria. The partner companies gave them access to about five hundred thousand borrowers.  The additional borrowers they acquired were people who applied on their website. They didn’t have to do any marketing as there was high demand for their product. Essentially, everybody needs money! The startup gave out a thousand loans within six months of launching the platform. The value of the loans given out at the time was $800,000.

 

Akin Jones: Loans Are A Fundamental Human Right

Their analytics revealed that the greatest need for loans were housing, healthcare and education. Mr. Jones believes that loans are a fundamental human right. Consequently, there should be the creation of platforms that make it easier to access them. The startup is working with tech developers to ensure their processes are more seamless. At the time of the interview, they were planning to launch their mobile app. Looks like they have achieved that goal already. The startup has even gone on to attract more funding.

According to Mr. Jones, if you want to start an online solution, you either need to get a technical co-founder or a consultant. As regarding people who inspire him, he mentioned the team at Venture Garden Group, Tayo Oviosu and Abiola Olaniran of Gamsole. In Mr. Jones’ view Abiola proves that local talent can achieve great things if given the same opportunity as foreign talent.

Need an instant loan? You might want to check out Aella Credit. Don’t forget to listen to the full interview here. Do share this article with your friends and colleagues because there is love in sharing.

Africa as a Platform: Meet The Innovators Telling The New ‘Africa for Africans’ Narrative

Innovators and entrepreneurs will gather on November 17, 2017 for the first edition of the Africa as a Platform event. Investors and other industry players will also join them. Eunice Adeyemi of Q21 Solutions Limited is the Convener of this event. She discussed the event with Faith History in this interview. ADE Digital Media Limited is the joint partner for this event. The event will provide attendees an opportunity to meet with innovators on the continent solving African problems with African solutions.

Let’s find out some more about this event, shall we?

 

First, A Bit More About The Convener of Africa as a Platform

Eunice Adeyemi, the Convener of the event runs Q21 Solution Limited. The organization is an event management company. It only deals in corporate events. Ms. Adeyemi has a Computer Science background although she is now an events planner. She started off her career as a Computer programmer. Ms. Adeyemi then moved on to a pre-sales role where she interacted more with customers. She later progressed to become an event planner as a result of her love to make customers happy.

Ms. Adeyemi now creates amazing events for corporate clients across Africa. Her event company is a joint partner with ADE Digital Media Ltd for Africa as a Platform.

 

What Exactly is Africa as a Platform?

Africa as a Platform was born as a result of the gap that Ms. Adeyemi and her team found in the corporate events space. They realized that entrepreneurs were looking for funding and information. It was difficult for them to connect with the people who had the funds and information they required. Some of the people who had these funds and information were already clients of Q21 Solutions Limited.

The event provides a platform for African innovators that are solving African problems to connect with funding and valuable information. Information such as latest updates from an innovation standpoint etc. Africa as a Platform will also connect innovators and entrepreneurs with mentoring. Startup owners will be able to connect with OEMs (Other Equipment Manufacturers) at the event. SAP, SAGE, CISCO, HP, Oracle, General Electric are some of the organizations attending the event.

 

Here is What Innovators and Entrepreneurs Should Expect at the Event

Africa as a Platform will specially highlight the most sought-out tech solutions, trends and innovations in Agriculture, Health Tech and Fintech. Consequently, ventures that have made the most impact on the continent will be specially recognized at the event.

There will be four unique streams at the event as follows:

  1. The Afro Innovation Stream which will discuss the topic Big Challenges, Smart Solutions.
  2. Start, Scale, Pay, from Early Stage to Big Player.
  3. Innovation, the Sustainable Development Goals. The Power of Intelligent Disruption.
  4. Rewriting innovation in Africa. African problems, African solutions.

Some of the speakers for the streams include, Bosun Tijani, Temie Giwa and a host of others.

The event is free and will hold at the Landmark Centre in Victoria Island, Lagos. It begins by 9 am on November 17, 2017. There is an AfricaasaPlatform.com app in the Google Play store and Apple App Store. Furthermore, attendees can download presentations, brochure from the app before the event. Click here to register for the event.

Do not forget to listen to the full interview with Faith History here. Finally, check here for other events you shouldn’t miss this November.

 

Five Fintech Startups In Nigeria Changing How We Live And Do Business

Over the last few years there has been a surge in the number of fintech startups in Nigeria. You most likely will be familiar with startups like Flutterwave, Paystack, PagatechQuickteller by Interswitch (if you consider it one) and a number of others. Here is a great list of a good number of the fin-tech startups in Nigeria. We have interviewed a few of these startups, this article focuses on them. Let’s dive into them, shall we?

 

Fintech Startups in Nigeria: NairaBox

NairaBox is a digital wallet app which allows you buy movie and event tickets, pay for bills, purchase airtime and donate to charity through ‘the click of a button’. Jay Chikezie, Tokunbo Adetona and Damilola Jegede founded the startup in December 2015. The goal of the startup, it appears, is to help users make payments and donations in record time. The app is available for download in the Google Play and iTunes store.

The app is social in the sense that it allows you send money to other NairaBox users or any of your phone contacts.

 

Fintech Startups in Nigeria: Aella Credit

Aella Credit is a lending platform that allows people access loans instantly. Akin Jones founded the startup after quitting his job at a financial services company. In his interview with Faith History, Mr. Jones mentioned that his team did zero marketing when they launched the startup. The simple reason is that everybody needs money. Money doesn’t need marketing, does it? However, it is worthy of note that Aella Credit rode on its relationship with certain partner companies to acquire thousands of borrowers. Smart move, huh?

The platform is integrated with the major credit bureaus in Nigeria. Its strategy is to lend money to only credit-worthy borrowers. The application is built to identify such borrowers. You can read a bit more about the startup here.

 

Fintech Startups in Nigeria: PiggyBank.ng

While the previous startup lends you money, this one helps you save it. PiggyBank is a secure online savings platform. This startup makes you save! It does this by automating the process of saving. In simple terms, it deducts directly from your bank account. It only allows you withdraw for free on certain dates however, you get penalized for withdrawals outside these dates. These features are in place to make you disciplined.

United Bank of Africa houses the savings from PiggyBank.ng.  The startup has also partnered with Metro Microfinance Bank. Listen to the interview with Faith History and read a bit more about the startup here.

 

Fintech Startups in Nigeria: Amplify Pay

Amplify Pay helps businesses collect and manage recurring payments. Segun Adeyemi relaunched the payments startup after previously calling it SlushPay. The startup’s focus is to take on the $32 billion recurring payments opportunity in Nigeria.  Segun graduated with a degree with Economics but his love for technology came out of a knack to solve problems. He met Maxwell Obi his Co-founder during the MEST ((Meltwater Entrepreneurial School of Technology) recruitment exercise. They both got into the MEST program and the rest like they say is history.

 

Fintech Startups in Nigeria: Social Lender

Social Lender is a fintech solution that lends individuals money based on their social reputation. Users sign up on the platform with their social media account. The platform’s proprietary social algorithm will then perform an audit. After the audit, a social reputation score will be generated. Following this, users can apply for the loans they need. Loans available currently range from 1,000 Naira to 100,000 Naira. Funds will typically be made available within 10 minutes.

Bincom ICT Solutions is the mother company of the Social Lender platform. The startup recently partnered with CGAP (Consultative Group to Assist the Poor) to explore how social data can predict the loan repayment behavior of low-income earners. This pilot program will make loans available to low-income earners to meet emergency needs.  Listen to Faith History’s interview with Bade Adesemowo, CTO & Co-founder – Social Lender here.

 

We are continually looking to connect startups with millions of Nigerians every week. We will continue to update the list as we interview more fintech Founders and startups. Drop us a comment or send us an email via everythingdigitalng@gmail.com.

 

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