Disrupt Africa

Disrupt Africa will publish a study on Nigerian startups

Disrupt Africa has accumulated a sizeable portfolio of publications since the launch of its research arm in 2016. The African Tech Startups Funding Report and Finnovating for Africa stand out as the most notable of these works. These reports can be read for free thanks to open-sourcing projects made with the help of many partners in Africa’s technology ecosystem.

The company is getting ready to release the Nigerian Startup Ecosystem Report 2022, which will be its third country-specific publication following the Egyptian Startup Ecosystem Report, distributed toward the end of the previous calendar year, and the South African Startup Ecosystem Report, which was distributed in June of this year.

To achieve this goal, who are they working with?

Some of the partners helping it achieve this goal are Quona Capital, a venture capital firm that focuses on fintech that can help underserved clients and small businesses in emerging countries get access to more services, Sabi, Africa’s leading provider of commercial infrastructure for the distribution of goods and services, and MAX, which is building Africa’s largest mobility-tech platform.

Read Also: AIMS (Ghana) and Google (Africa) have teamed up to conduct cooperative research in Africa.

Talking Drum Communications, a public relations and consulting firm, Newtown Partners, a family office of successful startup entrepreneurs Llew Claasen and Vinny Lingham, Kwik, a company started in 2018 to offer innovative online shipping, fulfilment, and payment services to African merchants, and LipaLater, a pioneering Buy-Now-Pay-Later (BNPL) firm, are also partners.

The report will be an in-depth investigation into the startup scene in Nigeria. It will use the datasets, expertise, and networks that Disrupt Africa has to offer to document which startups are doing what in the country, who is making and receiving investments, and who is providing ecosystem support. Also in the report is a complete list of all the startups that were watched for the report.

What is the purpose of the research?

For a very long time, Nigeria has been a pioneering startup ecosystem on the African continent. It has been setting the pace in several industries, gradually becoming a focus for investment. It is about time that we conducted a more in-depth investigation into its expansion, and this paper provides precisely that. “We hope it serves as a valuable resource for both those already active in Nigeria and those looking to start doing business there shortly,” said Gabriella Mulligan, co-founder of Disrupt Africa. “We are excited to see what the future holds for Nigeria and Disrupt Africa.”

It is essential to who we are as a business that we provide current and aspiring business owners with access to the crucial knowledge, tools, and opportunities that will allow them to take their companies to the next level. Tom Jackson, the co-founder of Disrupt Africa, stated, “The democratisation of data, including the publishing of thorough industry studies for free, is fundamental to that, and with that in mind, we enormously appreciate the cooperation of all our partners, who are doing their bit to ensure this report reaches as many people as possible.”

The Race to Conquer Space in Africa

The ecosystem for new businesses to launch and thrive in Africa has dramatically grown and accomplished much. Reports that are credible and full of helpful information on the ecosystem boost the visibility of our industry outside the continent of Africa, and the curiosity that results helps to promote investments in productive businesses. “We are thrilled to partner with Disrupt Africa on the Nigerian Startup Ecosystem Report to drive data and insights on startups and investments in Nigeria, shining the light on Africa’s expanding ecosystem and enabling innovators to do more while indicating to the various ecosystem players better and more innovative ways of supporting local businesses to make strides,” said Eric Muli, CEO of the LipaLater Group. The report is expected to be released later this year.

Disrupt Africa Report will be accessible to anyone

The Nigerian Startup Ecosystem Report 2022 will be free for everyone to read. This means that entrepreneurs, who would benefit the most from having access to the data and analysis in the report, will be able to read it.

This publication, the eighteenth from Disrupt Research, will be around sixty pages long and provide a comprehensive review of the Nigerian startup ecosystem and its evolution over the past five to ten years. A detailed examination of the various hubs, incubators, accelerators, government, corporate, and university efforts accessible to Nigerian entrepreneurs, as well as an analysis of the sectors in which startups are most prevalent, and a thorough examination of funding and M&A trends are also part of the plan.