Nigeria’s startup ecosystem is earning international recognition: Paga, OmniRetail, Termii, and a few others were named among the fastest growing companies by the Financial Times.
Paga continues to scale in fintech with over 21 million users, strong integration with banks and telcos, and a growing group structure.
OmniRetail (B2B e-commerce) has raised a US$20 million Series A round, serving over 150,000 retailers across Nigeria, Ghana, and Ivory Coast.
Termii has expanded its communication platform services (SMS, voice, email) across sectors like healthtech and logistics. Its products like programmable voice and call masking are being increasingly adopted.
These firms’ growth is driven by demand for digital payments, reliable logistics, healthcare access, and communication tools. Still, scaling will depend on stable power, regulation, and access to funding.
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