The Nigerian agritech startup has just announced that it raised $4.2million through a seed round and a series of grants to scale its business across the country. Releaf, which has built a proprietary hardware and software solution to make farmers and food factories more efficient and profitable, was first launched in 2017 by Ikenna Nzewi and Uzoma Ayogu. The pair then went on to build Kraken, a proprietary patent-pending machine. But how does it actually work? Releaf buys nuts from farmers, then uses the Kraken to crack the nuts and crush the kernels into
Nigeria’s one-click checkout platform OurPass has raised $1Million during its pre-seed round to help it scale its business across the country. The West Africa e-commerce market is still heavily reliant on cash on delivery, according to a recent survey conducted by Jumia. As of 2019, 70% of Nigerians said they prefer cash on delivery options to make online payments. But for those who do try to buy online – yearly, about 75% of shopping carts are abandoned because of how difficult the checkout experience can be with long forms and
Originally posted here via Wogrammer As a child in Nigeria, Olamide Opadokun noticed a constant issue in her community: the sporadic availability of electricity. With not enough energy being produced for each town, families and businesses were often forced to use backup generators that made loud, disruptive noises and contributed to air pollution. Having read about renewable energy advances happening abroad, Olamide wondered why Nigeria didn’t have a better solution. “It was sunny every day in Nigeria — why weren’t we using more solar energy? As the rest of the
