Nigerian Tech Companies Poised To Go Global

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Much has been written in the national press about how Nigeria might recover from the economic crises of the past couple of years. Oil revenues have fallen

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech firm calls for investment in omni-channel marketingData and marketing technology company, Terragon, has asked brands to put more investments in omni-channel marketing strategy, to hold customers’ re...
Source: MobilePunch - 🏆 8. / 63 Read more »