₦airaland Forum

Digital Economy and Technology, we are ahead of Kenya believed to be the African home of Computer !!!

Africa's Largest Startups

1. Flutterwave 🇳🇬 - $3 billion

2. Opay 🇳🇬 🇨🇳 - $2.7 billion

3. Chipper Cash 🇺🇬 🇬🇭 🇺🇲 - $2.2 billion

4. Wave 🇸🇳 🇺🇲 - $1.7 billion

5. Andela 🇳🇬 🇺🇲 - $1.5 billion

6. Esusu 🇳🇬 🇮🇳 - $1 billion

7. InterSwitch 🇳🇬 -$1 billion

8. MNT-Halan 🇪🇬 - $1 billion

9. Moniepoint 🇳🇬 - $1 billion

10. MOOVE 🇳🇬 - $750 million

11. Fawry 🇪🇬 - $611 million

12. Jumia 🇳🇬 🇬🇭 🇫🇷 - $520.4 million

13. M-KOPA 🇰🇪 - $325 million

14. Sabi 🇳🇬 - $300 million

Nigeria tech guys are doing fantastically well.

Chat abi chart? Anyways ukodo n kudos to the startups.

Where is paystack? They supposed to be on the list

Nice one guys.

xxxxxxxxxxxxxxxx

Where is Bill point?? Dem self dey try

press9jatv:
Nigeria tech guys are doing fantastically well.

There is no Nigerian amongst the list, all the Nigerian ones crashed after taking peoples money.

We're coming. Currently undergoing training
After this....boom

press9jatv:
Nigeria tech guys are doing fantastically well.

Is this the result of the deregulation and privatisation policies of PDP capitalists, who gave us 16 years of high employment productivity?

Why did we allow Tinubu to make his expired soldier APC change messiah president when he was nothing but an extreme poverty shege master?

Has Tinubu not made the shege worse in his tenure of just two and a half years

anonimi:
March 21, 2011

Tinubu rules out alliance with CPC

Prospect of a possible alliance between the Action Congress of Nigeria, ACN and Congress for Progressive Change, CPC, was dashed yesterday in Kano as the leader of the party and former governor of Lagos State, Asiwaju Ahmed Bola Tinubu described CPC as parading “expired leadership.”

Tinubu told ACN supporters in Kano during the party’s Presidential rally that: “What Nigerians need now is a transformation in leadership” as obtained in the advanced economy.

The two-term Governor of Lagos State explained that the leadership of ACN was offering Nigeria the brilliance of Nuhu Ribadu who, he said, is in the class of Nicolas Sarkozi of France, David Cameron of Britain, Medvedev of Russia and Barack Obama of the United States of America.

“What has CPC got to offer? We certainly don’t need expired leadership as we are offering the best in terms of brilliance, courage and patriotism in the class of Sarkozi of France, David Cameron of Britain and Barack Obama of the USA.”

Tinubu’s position came on the heels of Ribadu’s declaration penultimate week in Kaduna when he hinted during a political rally of a joint ticket between the two opposition parties to confront the dominance of the Peoples Democratic Party, PDP.

The national leader of ACN criticised President Goodluck Jonathan for shying away from the national debate held last Friday, stressing that”that singular act exposed Jonathan as a coward who has nothing to offer.”

http://www.vanguardngr.com/2011/03/tinubu-rules-out-alliance-with-cpc/

>>
>>>>

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

That man that always wear black and his supporters are in sorrows

Seun should have invest more in Startups for much grants but he's not interested in building apps

anonimi:
Is this the result of the deregulation and privatisation policies of PDP capitalists, who gave us 16 years of high employment productivity?

Why did we allow Tinubu to make his expired soldier APC change messiah president when he was nothing but an extreme poverty shege master?

Has Tinubu not made the shege worse in his tenure of just two and a half years


>>
>>>>

it continues in APC government. Infact much tech guys are going in building apps.

nwirinedu:
There is no Nigerian amongst the list, all the Nigerian ones crashed after taking peoples money.

not true, Opay and other lending apps are still starting tall.

Source?


Not enough original content
Please take a moment to write a quality post with at least 40 characters.
This will make the forum more interesting for everyone.

The funny thing about these "startup" things is that the main ingredient is noise.

The real startups are at the backstage, achieving a lot, with little noise at the front to show.

One thing still remains spectacular as shown in this list: Africa lacks innovation. Everyone is a copycat, and the best that stands out is the one that copies and then makes the most noise. Everything that is referred to as a startup in Africa, particularly Nigeria, is simply a carbon copy of "online banking" apps that they all refer to as "fintech" or another messaging app they refer to as "social media app." It's nothing new; it's nothing interesting. Once someone can use some JavaScript or whatever and put together some code for mobile banking and then tie one or two third-party security and cash transfers to it, they refer to it as "fintech," and to attract the traffic, they tie the words "borrow and pay later" to it, where people can borrow money.


No innovation, no intelligence, no novelty. It's just the same old thing. Why are there no significant startups trying to solve our power issues in Nigeria? Why are there no startups in health? How about education? How about travel and transportation? How about hospitality?
None of them wants to think. They just want to organize shows in Lekki and Ikeja and invite some dreadlocked, earring-wearing guys and also some brown-dyed-hair girls to sit around like yahoo-yahoo people and be forming Gen Z startups.

Modified:

A startup is not just a computer code-powered business. A startup can also be an offline real business. The necessary qualification for a startup is "innovation" and "scalability."

Really, there is nothing to be proud of about this. Most of these "business" are owned/financed by outsiders.

Also when do you wanna start solving big problems with "deep tech", Issues that really matters not some financial inclusion thingy.

nwirinedu:
There is no Nigerian amongst the list, all the Nigerian ones crashed after taking peoples money.

Just talking nonsense with confidence.

I hail you.

How do you still call flutterwave, opay a startup?

In fact all the names here are businesses and not startups.

Jumia startup?

I really have to commend these Nigerians buying unicorns in an economy whose currency is totally worthless.

It just goes to show that the mind can build whatever it can convince, especially if you are willing to pay the price.

shegzhkn:
Really, there is nothing to be proud of about this. Most of these "business" are owned/financed by outsiders.

Also when do you wanna start solving big problems with "deep tech", Issues that really matters not some financial inclusion thingy.

So you think that it is easy to attract foreign finance to an African tech startup? Do you not realise that attracting foreign finance means there is proof that the startup is economically viable - which means hundreds of millions in annual turnover, which boosts the local economy and creates jobs, not to mention the injection of foreign capital into the local economy and the indirect effect of exposure to foreign expertise deepening the local human resource base? Did you think about what you said before you said it, or did you just want to be a part of the conversation by any means?

Don't know why they are not listed on NGX

Peter Obi will tell us Nigeria is happening to them!

Nwaikpe:
The funny thing about these "startup" things is that the main ingredient is noise.

The real startups are at the backstage, achieving a lot, with little noise at the front to show.

One thing still remains spectacular as shown in this list: Africa lacks innovation. Everyone is a copycat, and the best that stands out is the one that copies and then makes the most noise. Everything that is referred to as a startup in Africa, particularly Nigeria, is simply a carbon copy of "online banking" apps that they all refer to as "fintech" or another messaging app they refer to as "social media app." It's nothing new; it's nothing interesting. Once someone can use some JavaScript or whatever and put together some code for mobile banking and then tie one or two third-party security and cash transfers to it, they refer to it as "fintech," and to attract the traffic, they tie the words "borrow and pay later" to it, where people can borrow money.


No innovation, no intelligence, no novelty. It's just the same old thing. Why are there no significant startups trying to solve our power issues in Nigeria? Why are there no startups in health? How about education? How about travel and transportation? How about hospitality?
None of them wants to think. They just want to organize shows in Lekki and Ikeja and invite some dreadlocked, earring-wearing guys and also some brown-dyed-hair girls to sit around like yahoo-yahoo people and be forming Gen Z startups.

There are tons of startups in health and education. You don't know them because they are not big enough, because the market is not big enough. Investment follows the market realities, not the wishful demands of people who don't know their left from their right but insist on having opinions.

Btw, no one has tied your own hands from solving the power issues with your startup. Lmao!

And we are number 1 on the list of countries with the lowest quality of life

Opay to the rescue, only those who was hit with the cashless policy will understand.

No Paystack? Please adjust the list.

Hehe Opay is Chinese. Make una no dey deceive unaself

SmartyPants:
There are tons of startups in health and education. You don't know them because they are not big enough, because the market is not big enough. Investment follows the market realities, not the wishful demands of people who don't know their left from their right but insist on having opinions.

Btw, no one has tied your own hands from solving the power issues with your startup. Lmao!

I can guess what part of Nigeria you come from. For the fact that you have to be vituperantly defensive over what most probably was never targeted as y o u r person.

I bet you don't even know what a startup is. The best of what you may mean by "startup" is a group of guys with laptops and an office area meeting every day over an app they developed.

Little do you know that an app doesn't define a startup. The innovation defines a startup. Meaning that if you design anything that is not innovative enough to scale, it is not a startup but just a business. So, if there are any of your "startups" in education and health that have not scaled, then they are not innovative enough to be startups. Wake up and chill.

Everywhere is not onitsha or lagos.

southsouthking:
Opay to the rescue, only those who was hit with the cashless policy will understand.

not only Opay, palmpay, Kuda and other fintech apps are to the rescue.

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