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Tag Archives: Digital Nigerian

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.

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.

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.

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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Health Startups In Nigeria: Six Notable Ones You Should Know

Healthcare is an important aspect of any nation’s survival and welfare. Nigeria’s health sector is plagued with a number of problems although it has also witnessed some successes. There are a number of health startups in Nigeria that have been founded to tackle some of these problems. First, let’s begin with a quick analysis of the problems the sector faces and successes it has witnessed.

 

A Brief Analysis Of the Problems & Successes

One of the major successes the health sector has witnessed is the establishment of the National Health Insurance Scheme. The scheme was established under Act 35 of the 1999 constitution by the country’s federal government. It was established to provide universal healthcare coverage to all its citizens based on certain contributions. The challenge however is that many Nigerians do not have access to this health insurance scheme.

Another major success the sector has witnessed was the well-coordinated response to the Ebola crisis.  The response was successful, thanks to health officials, volunteers and international partners. Foreign governments have praised Nigeria for the response. There however remains a lot of problems with healthcare delivery in Nigeria.

Here are some of the problems:

  • Lack of access to critical equipment
  • Low availability of important resources such as blood etc.
  • Low morale among health officials
  • Incessant strike action from health bodies
  • There are no enough doctors

These are just a few of the problems the sector is facing. Now let’s proceed to five notable health startups in Nigeria seeking to defeat these challenges, shall we?

 

#1: Health Startups In Nigeria – LifeBank Nigeria

LifeBank Nigeria is first on our list of notable health startups, which is in no particular order. Temie Giwa-Tubosun founded LifeBank.ng in January 2016. She holds a Masters in International Public Management. She later worked in Uganda with the United Nations Development Programme (UNDP) where she managed supply chain for a district.

Temie became concerned about maternal health care in Nigeria. The Founder learnt that most Nigerian women died from bleeding during childbirth. This was because there just wasn’t enough blood to save their lives. She started LifeBank.ng to get blood to hospitals when they needed it. This will save a lot of women from dying while giving birth. Mark Zuckerberg endorsed this startup during his visit to Nigeria. The startup delivered  about 2,000 pints of blood as at January 2017. You can listen to her interview with Faith History here.

 

#2: Health Startups In Nigeria – Redbank

Redbank is also one of the notable health startups in Nigeria. It is quite similar to LifeBank. It is a service that helps hospitals and patients find blood easily. Users can search for blood using voice call or SMS. Blood banks can sign up on Redbank to make available the blood they have to its users. Hospitals can also check the website to find out the blood available in different blood banks across Lagos. This startup is a brainchild of Medifix, a healthcare technology solutions company. The startup was one of the thirty that pitched to the Nigerian President.

 

#3: Health Startups In Nigeria – Kangpe

Kangpe is accurately described as Doctor in your pocket. It is an app that connects Nigerians with qualified doctors. A doctor on the network answers questions users submit. They do this in less than 10 minutes. This is one of the value propositions of the app. Kangpe won the Seedstars Lagos competition in 2016. The promising health startup also made it to the Y Combinator (Winter) batch earlier this year.

 

#4: Health Startups In Nigeria – MDaaS

Medical Devices as a Service (MDaaS) is taking on healthcare in Nigeria from a different angle. MDaaS is providing access to quality and affordable devices. Medical equipment are an important element of delivering life-saving healthcare. Yet, many hospitals in the country have no access to the devices they need to save lives. The doctors who own these devices have a hard time maintaining or servicing them. Such was the story of Oluwasoga Oni’s Dad. You can read more about it hereThis startup provides hospitals with the options of buying, leasing or renting these devices. It is slowly but steadily improving healthcare delivery in Nigeria one equipment after another. Listen to Oluwasoga’s inspiring story in his interview with Faith History.

 

#5: Health Startups In Nigeria – Helium

The good thing about these health startups are the unique ways in which they are delivering value to the health sector.  Helium Healthcare is an Electronic Health Records company.  It provides hospitals with the software they require to deliver quality healthcare. Their software helps hospitals manage patients records and its operations better. It appears an health practitioner must have either conceptualized this idea or aided it development. It is the sort of thing you get when technology meets domain expertise. Helium Healthcare has received seed funding from Y Combinator and is going on to do greater stuff.

 

#6: Health Startups In Nigeria – Medsaf

Medsaf’s goal is to make the process of buying and selling drugs in Nigeria easier. The E-commerce startup was founded by Vivian Nwakah and Temitope Awosika. The organization works with local and international vendors to get quality drugs to its customers at fair prices. Pharmacists, clinics and hospitals are its major customers. They face the problem resulting from the proliferation of substandard drugs. They also many times deal with numerous vendors. This makes the procurement very tedious. Medsaf wants to make medication procurement easier for health institutions.  The startup secured the regional ticket for the Seedstars World. It will represent Nigeria at the global competition and stands the chance to win $1m in equity investment.

 

This list is definitely not exhaustive and we know that. We are always looking to introduce startups to millions of Nigerians every week. If you know of any health startup we should add to the list, do feel free to let us know. Drop a comment down here. Finally, you can also email us via everythingdigitalng@gmail.com or interact with us using any of the channels below:

Twitter: @everythingdigng

Facebook: /everythingdigitalradio

Instagram: @everythingdigitalng

 

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Medical Devices As A Service (MDaaS) Is Seeking To Improve Healthcare In Nigeria

Medical Devices As A Service (MDaaS), a medical equipment services company, is working one equipment at a time and one hospital at a time to improve healthcare delivery in Nigeria. Oluwasoga Oni is the CEO and Co-founder at MDaaS. The company is based in Ikeja, Lagos and was founded in January 2016. MDaaS hopes to achieve its aim by equipping hospitals with the devices they need. It provides hospitals with several device acquisition options. The organization also provides them with world class service support for these devices. On this episode of the show, we feature MDaaS, you can listen to the audio interview of Oluwasoga Oni with Faith History here.

 

MDaaS; CEO’s Background

Oluwasoga Oni attended Covenant University for his first degree before proceeding to Massachusetts Institute of Technology (MIT) for his Masters degree. He studied Systems Engineering at MIT. He also holds a Masters degree in Computer Engineering from the Illinois Institute of Technology. Oluwasoga saw his Father who was a Medical Doctor struggle with broken equipment. His Father had difficulty acquiring and maintaining these equipment. He would typically thrash broken equipment. Oluwasoga decided to solve this problem during his days at MIT. He took the decision when they were challenged at MIT to solve a problem that affects a billion people.

 

MDaaS; Here’s How It All Started

After founding the startup from his class at MIT, he received funds from an angel investor to return back to Nigeria. Oluwasoga was then able to return to Nigeria full time to work on his healthcare idea.

The startup started with direct sales and service support at the early stage. Hospitals struggled to purchase equipment because of the macroeconomic conditions. Consequently, MDaaS started their leasing program. There leasing program was challenging as a result of high interest rates. The organization then rolled out a rental service to address the challenges. Presently, the startup equips partner hospitals with devices at no cost on a profit-sharing agreement. Partner hospitals only pay the startup when the equipment generate revenue.

 

Technology And The Health Sector

Technology helps MDaaS drive efficiency across its business. The startup has centers outside Lagos and technology helps monitor what happens in these locations. These centers are in Ajuwon, Ogun state and Ibadan, Oyo state. “Technology will only work as expected when you sort out infrastructure” says Oluwasoga.

You can check the MDaaS website to learn more about the startup and its work. Don’t forget to listen to the audio interview with Faith History here. Some healthcare apps that you should check out include; Calculate by QMD, Eprocrates and Doximity. Do let us know what you think about MDaaS in the comments section.

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Have a listen as Onuigbo Henry Chimaroke and Cynthia Edeh Ohuegbe who are both co-founders at Downstreamview.com and they both chat up Faith History about what they do.

Listen in and find out 5 cool things about Downstreamview.com