Nigeria’s ICT sector was expected to be valued at $5.48 billion in 2017, representing a 31.7% increase over 2016. At roughly $3.2 billion, the telecommunications category accounts for the vast majority of this. Broadcasting, data center services, cloud computing, IT, and BPO are other significant contributors. Here. we’ll see an overview of the best tech companies in Nigeria, with their specifications.
Best Tech Companies In Nigeria
Here’s a look at some of the best tech companies in Nigeria, in no particular order:
#1. Andela
Andela is an American firm with campuses in the majority of African countries. It began operations in 2014 to help global corporations overcome skilled software developer scarcity. Jeremy Johnson and three other people co-founded it.
Engineering as a Service (EAAS) is provided by Andela. It identifies, trains, develops, and links African talent to global corporations’ engineering teams.
#2. Flutterwave
Flutterwave, a Nigerian and US-based payments platform, was launched in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola.
As a fledgling company, the corporation began with only a few employees. However, the high quality of service provided by this organization has propelled it to its current position. The company now has branches throughout Africa and the United States.
Amazingly, the worth of this company has increased to $1 billion. This is due to the high quality of their service, which has attracted millions of users.
#3. MTN
MTN is a well-known Nigerian technology corporation, with over 95% of Nigerian users.
The company was founded on May 16, 2001, and it was the first GSM network to make a call following the introduction of GSM in Nigeria. In Nigeria, MTN offers internet and telephony services. Nigerians primarily use this company’s service due to its strong signal.
#4. Hotels.ng
Hotels.ng began operations in Nigeria in 2016. By reserving a hotel, the company has the responsibility of providing good lodging for tourists.
People traveling to Nigeria may easily browse the site and book a suitable hotel near them, without having to drive about and seek a hotel, or getting stranded in a specific position.
However, their quality service has made them what they are now; the company’s service is now widely used by thousands of individuals every day, not just in Nigeria, but throughout all African countries.
#5. ULesson
The world is getting increasingly computerized. However, this is not happening by chance; there are individuals behind it.
Using textbooks or learning from a tutor was the only method to read and learn back then. However, this may be difficult, especially if one is on a tight schedule. Nonetheless, uLesson has made this much easier. Students can now read on their mobile device while on the uLesson web platform or through their app.
Sim Shagaya, who is also the proprietor of Konga (a prominent e-commerce business), founded uLesson in Nigeria in 2020.
The platform is designed to help students learn more quickly. Today, they cover all secondary school topics, as well as a full explanation of any issues pupils may have.
#6. Opay
Opay is a Nigerian internet payment platform. Most consumers will prefer to use this virtual banking platform over their traditional bank because there are no fees for any transfers made.
You will be charged if you make a transfer to someone from your regular bank, no matter how small. However, if you use opay, there is no transfer cost, so it’s definitely worth a shot.
In addition, you will receive savings on the recharge cards you purchase through the platform; for example, if you wish to buy a #100 recharge card, you will receive it for #97. Not only that, but the platform also provides loan services without requiring collateral from you. All you need to do is enter your BVN.
You may also utilize the Creditme option to receive loans quickly if you only need a small quantity of money.
#7. Airtel
Airtel is a well-known Nigerian telecommunications firm that offers postpaid, prepaid, and 4G services to Nigerians. Their internet service is inexpensive, which is why many people like to utilize it.
Many people who work mostly online prefer to use the Airtel Network since they have good internet bundle deals and solid service. As an individual, I enjoy utilizing the Airtel Network since their service is fast and dependable.
#8. Paystack
Paystack is an internet payment platform that allows Nigerians to receive funds from other nations.
People’s ability to provide services online is no longer limited because there is no means of payment. This is no longer the case with haystack, as you may now receive money from overseas countries via the platform.
#9. Google Nigeria
The company’s headquarters are in Rewane, Ikoyi, Lagos. Google is worth billions of dollars, according to Forbes, and its services are actively used all over the world. Google, on the other hand, has branches in the most important parts of the world, including Nigeria, to make its service more effective.
#10. Ericsson Nigeria
Among all the technology businesses in Nigeria, this company will always be significant.
Ericsson Nigeria is an early technology business in Nigeria that educates the country on the value and utility of technology.
Health Tech Companies In Nigeria
Over the years, the Nigerian digital health startup business has grown significantly. There have been various fascinating health tech companies in Nigeria, whether it is mhealth or e-health. Digital health will help to improve people’s quality of life, lower overall healthcare costs, and make healthcare more efficient and accessible. Here are some of the best health tech companies in Nigeria:
#1. LifeBank Nigeria
LifeBank, which was founded in 2016, is one of Nigeria’s top digital health firms. In order to significantly contribute to the health sector and save people’s lives, our platform focuses on the rapid transmission of blood from labs across the country to patients and doctors in hospitals. LifeBank’s major aim is to ensure that blood is available when and when it is needed in any community/area of the country in order to save lives.
LifeBank’s basic activities include mobilizing blood donations from individuals, inventorying the blood accessible nationwide, and transmitting blood in the proper condition to the hospitals/locations where it is currently needed.
According to the report, the portal has serviced over 500 hospitals, shipped over 12,000 goods, collaborated with over 6,000 donors, and saved over 2,000 lives.
#2. Omomi
Omo mi simply means ‘my child’ in Yoruba. It is a web- and mobile-based childcare service designed to help enhance the health of young children by allowing parents to conveniently monitor their children’s health.
With this one-of-a-kind software, parents can effortlessly follow their children’s immunization status and manage diarrhea at home using a responsive and engaging DIY platform.
Furthermore, Omomi has serviced over 30,000 women to far, and the platform offers a variety of innovative features to assist parents in making fantastic health decisions for their children.
To begin, Omomi includes an interactive component where parents may communicate with other parents from throughout the country who have had similar experiences in the past. It also has a ‘chat-a-doctor’ option that allows parents to talk to a doctor for as little as N600 per week.
Not only that, but the app includes a Diarrhoea Management area, where parents will be given pertinent questions to aid in the diagnosis of the internal illness. If your child is confirmed to have diarrhea, you will be given instructions on what to do next, or the app may recommend chatting with a doctor.
#3. Safermom
SaferMom was founded with the primary purpose of addressing Nigeria’s high maternal and infant death rates. The revolutionary technology provides timely and individualized health information to expectant/nursing moms via a two-way SMS system and prerecorded audio services, mostly in the prevalent native languages.
SaferMom’s health programs include but are not limited to, malaria prevention, HIV/AIDS prevention, and tuberculosis control – all with low-cost mobile technologies!
In addition to the foregoing, this platform has a feature that allows for the tracking of vaccines and medical appointment adherence, as well as the dissemination of urgent information, among other purposes.
#4. Find-a-med
Find-a-med, as the name suggests, is a mobile directory that provides users with information about nearby health and medical centers. The app has over 5,000 registered medical centers, demonstrating how extensive its database is.
Find-a-med will offer you turn-by-turn directions to the nearest medical health facilities and services to you, such as a hospital, clinic, pharmacy, dental care, eye care, providers, diagnostics, treatment, and laboratory, to mention a few.
To get the most out of Find-a-med, you must enable access to your current location via your mobile settings.
However, it is also worth noting that you do not need to join up or log in to use the app, and there is a catalog of evaluated hospitals on the app to assist you make informed judgments about which medical health facilities to attend.
#5. Kangpe
Kangpe is a mobile application that allows people from Nigeria and other African nations to engage with and gain sound advice from experienced medical practitioners in under 10 minutes. With this app, you will be able to communicate with doctors who can provide you with relevant solutions to health-related issues.
This platform’s unique features include “Find a Doctor,” “Book Appointment,” “Health tips,” and “Featured questions,” among others.
#6. Drugstoc
Adham Yehia and Chibuzo Opara founded Drugstoc in 2015 to assist accredited hospitals, pharmacies, and medical specialists in obtaining legitimate pharmaceutical and health care products directly from approved distributors countrywide.
According to recent reports, Drugstoc now serves over 3,000 doctors and pharmacists in the country, and it relies on a globally verified end-to-end traceable supply chain to help ensure the authenticity of its pharmaceutical and health care products.
Again, this health tech business is reported to be the only entity in the industry to be ISO certified in the country, and the company recently received the ISO 9001-2015 accreditation.
#7. Mobidoc
Mobidoc provides a user-friendly, mobile health consultation platform via which users may simply acquire advice from verified healthcare professionals in the country. The headquarters are in Abuja, and it was founded by Timi Aiyemo and Abiodun Okunola to use the Internet to solve various difficulties in the Nigerian medical field.
Agro Tech Companies In Nigeria
Agro-tech companies use technology and technological breakthroughs to increase agricultural output in Nigeria. Agritech is an abbreviation for agriculture and technology. With the arrival of technology, potential investors will be compelled to use digital platforms to invest in agriculture without hesitation. Here’s a list of some Agro tech companies available for investment in Nigeria.
#1. Farmcrowdy
Farmcrowdy is Nigeria’s first agritech company. According to Farmcrowdy, “they are Nigeria’s leading agritech company focused on providing the necessary tools and technology for farmers and agribusiness to boost food production with better yields, lower costs, and smarter marketing.”
Onyeka Akumah launched the company in 2016. Ifeanyi Anazodo, Tope Omotolani, Akindele Phillips, and Jimoh Maiyegun are also team founders.
Farmcrowdy claims to have empowered over 25,000 farmers since its inception. almost the course of three years, they raised almost 3 million chickens.
Farmcrowdy has offices in Abuja as well as Lagos State.
#2. Groupfarma
When you sponsor a farm with Groupfarma, they claim to assist you earn a great return on your investment.
Groupfarma has worked with over 42,000 farmers and cultivated on over 29,500 hectares of land since its inception. Niyi Ogungbade, Folarin Oloyede, and Dotun Oloyede started it.
Groupfarma allows you to sponsor agricultural products such as ginger, poultry, maize, fish, rice, soybeans, and so on.
Depending on the product you sponsor, the minimum amount you can contribute is #50,000, with a return on investment of at least 12%. If you invest in Ginger, you can make up to 28% on your money in 6 months.
#3. Farmsponsor
Farmsponsor claims that “they leverage technology to create an inclusive platform where everyone can participate in agriculture.”
Bill Kenneths founded Farmsponsor in 2018. As the name suggests, you bring a set amount to sponsor any farm of your choice, and you collect your returns after 12 weeks.
Farmsponsor has worked with over 300 farmers and has over 4,000 sponsors on over 1,000 farms since its inception. They also permit equity sponsorship. You bring N1,000,000 as a medium-term investment to sponsor a farm for 5 years.
The only agricultural product you can invest in with a minimum of N 100,000 is chicken. Farmsponsor has a three-month ROI of 15%. Farmsponsor’s headquarters are in Port Harcourt, Rivers State.
#4. FarmKart
Farmkart claims to assist you in investing in farming in order to enhance food production and support farmers. The company was founded in December 2015 by Jesse Osiobe, along with Evans Akanno and Temitope Aina.
Fish and poultry are among the agricultural items offered for investment on the Farmkart website. Their investment duration spans from 6 to 12 months, with a minimum return of 14%.
Farmkart’s office is in Ogba, and its farm is in Otta, Ogun State. Leadway assurance insures them.
#5. Thrive Agric
Uka Eje, Co-founder and CEO, and Ayodeji Arikawe, Co-founder and CFO, founded Thrive Agric in 2016. Thrive Agric claims to be an agricultural technology firm that provides access to funding to make agriculture lucrative for you and Africa’s smallholder farmers.
Thrive Agric has farmed on over 150,000 acres of land and has worked with over 19,000 farmers. Their headquarters are in Abuja, Nigeria.
Within a specified time frame, their ROI ranges from 6 to 25%.
#6. Ezfarming
Adewale Oparinde founded Ezfarming in the fourth quarter of 2018. Over 100 farmers have been empowered, 200,000 acres of land have been farmed, and over 800,000 dollars have been invested.
Poultry, peanuts, maize, farm equipment, goat, and other agricultural items are available for purchase on Ezfarming. The least amount you can invest is N 41,000, with a 15% return on investment.
Their Farm Equipment investment has the lowest ROI of 7% over 36 months. You can also purchase your farm with an N285,000 token.
Ezfarming also provides internship opportunities to empower young people and inspire them to pursue careers in commercial farming.
What Is The Biggest Tech Company In Nigeria?
Google is one of the largest employers in the world. Google provides a platform via which we may search the world’s information and perform online advertising, cloud computing, e-commerce, and artificial intelligence, among many other activities.
Which Company Is Richest In Nigeria?
The Dangote Group is a Nigerian corporation owned by Aliko Dangote, Africa’s richest person. The corporation operates in a variety of industries, including cement, sugar, salt, and flour.
In Conclusion,
The value of technology businesses cannot be overstated in any part of the world. They contribute to a country’s economic and digital progress.
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