to historic lows, remittances comprise an ever-smaller portion of GDP, and Nigeria’s main agricultural exports no longer form such an essential component of the national economy as they once did.
According to the WEF, the top 200 tech startups in the city last year were valued at more than $2 billion, far outstripping the tech startup scene in any other major African city. The skyrocketing valuations of Nigerian tech companies in recent years have, in large part, been driven by dynamic companies that have gone from domestic success towards international ambitions.
Offering groceries, meals, hotel bookings, electronics, and fashion, Jumia has since moved its HQ from Lagos to Berlin but retains a massive office in the former. Having spent the past couple of years expanding into 14 African countries, Jumia now looks set for significant expansion in Europe and beyond.Tek Experts is a leading provider of remote IT support services that has grown exponentially over the past few years, as demand for the 24-7 IT solutions it offers has skyrocketed.
While launching in several countries, it has also diversified significantly within Nigeria by hacking into emerging high-growth markets such as online sports betting. As explained by
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