Ekocab Nigeria, in partnership with Lagos state authorities, launches an e-hailing platform for yellow taxis

The Lagos transport sector has taken some main stunning twists for the reason that flip of the yr. First was the ban on commercial motorcycles (okada) and tricycles in main elements of Lagos, after which a proposed regulation on taxi-hailing providers resembling Uber and…

How startups deal with Nigerian VCs’ low urge for food for threat

Nigerian investors actively protect their investments such that when a Nigerian startup announces funding from a local investor, it is most likely a debt to be repaid within two years and not in return for equity in the company. According…

Nigerian startups contemplating a merger or acquisition ought to fear concerning the integration part

Acquisitions and mergers aren’t what you see each day throughout the Nigerian startup house, however it does get fairly thrilling for corporations concerned after they occur. Newly-merged corporations probably acquire from economies of scale, higher monetary sources, growth, and even…

If passed into law, Nigeria’s Finance Bill will exempt small and early-stage startups from paying taxes

Learning to navigate the Nigerian business terrain is a necessity for every startup. Regardless of the industry, the ability to scale regulatory hurdles and avoid industry-specific bottlenecks could be the difference between success and failure. As a result, there have been calls on…

The 10 most memorable Nigerian tech moments of 2019

As the year comes to an end, we look at the most memorable moments in Nigeria’s technology space in 2019; a hard thing to do when the year blessed us with so many. In no particular order, here are the…

These Nigerian startups shut down in 2019; what we can learn from them

Behind all the glamour, humongous fundraising figures and flamboyant founder personalities is the reality that running a startup is hard. Especially so in a business environment like Nigeria where official internet usage figures don’t match user habits and rent-seeking regulatory obstacles are the…

In 2019 alone, this Africa-focused accelerator has invested in 7 sub-Saharan Africa startups

Tom Fairburn and Toby Hanington met at the University of Bath and upon graduation set upThe Baobab Network (TBN) to support businesses across the globe. Though set up as an accelerator with a keen interest in Africa, TBN has worked closely with…

When to hang up the boots as a startup originator

Most innovative ideas form beautifully in the mind and even become more vivid after launching. The founder imagines how the business breaks even after the first year, scales in five years, and everyone lives happily ever after. But this is…

Understanding Nigeria’s advanced expertise improvement space, a talk with Eyitayo Ogunmola

Major technology breakthroughs in the coming years will greatly impact, the forms of work and labour market structure, as well as other aspects of life such as education, health, and agriculture. In this context, developing capacities for anticipating the changing…

Is Releaf.ng, the Y Combinator-supported agritech startup battling or simply under the radar?

While studying in the US, three Nigerian-Americans — Isaiah Udotong, Ikenna Nzewi, and Uzoma Ayogu  — found out that one of the biggest challenges agricultural businesses face is getting buyers for their products, hence, the reliance on word-of-mouth and referrals.…

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