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Showing posts from 2023

How Ikenna Discovered His Business Idea and Turned it Into a $10.6 million Backed Releaf

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Ikenna Nzewi and his team started Releaf  to facilitate the availability of  high-quality raw materials needed by FMCGs and manufacturers. Releaf is an Agrictech company that develops proprietary hardware and software solutions to drive large scale processing and availability of PKO for manufacturers in Africa. Ikenna Nzewi  (CEO), Isaiah Udotong (CGO), and Uzoma Ayogu (CTO), started Releaf as a marketplace  by visiting more than 20 States in Nigeria, buying and selling various agricultural commodities to get clear understanding of how specific value chains function and to  investigate opportunities to develop technology to catalyse their industrialisation.  Their discovery that there are big factories in Nigeria that  are using only  about 30% of their capacity, due to inability to get access to high-quality raw material, such as PKO,  and that many of the companies rely on imported raw material, inspired the team to pivot the di...

How Samuel Discovered His Business Idea And Led Remedial Health To Raise $17.4 Million Funding

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Samuel Okwuada and his team created Remedial Health to make it easier for healthcare providers to easily access affordable and genuine retail medicines, consumables and medical devices from manufacturers and distributors.  Remedial Health is an e-health startup that develops solutions to make Africa’s pharmaceutical value chain more efficient and reliable.  Samuel got his business idea through the discovery that every  year, 100,000 deaths  in Africa are linked to counterfeit drug trade and that over 30 percent of medicines sold in Africa are counterfeit. This led him to launch Remedial Health with his co-founder, Victor, to help address the challenge, starting with Nigeria.    The company's technology helps pharmacies and hospitals  to order pharmaceutical products sourced from reliable and trusted manufacturers and verified distributors, so as to stem erratic prices, and the supply of fake and substandard products. Store owners can access...

How Adebowale Banjo Discovered The Business Idea of MyCover.ai

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While   at  AutoGenius, Adebowale Banjo saw the exposure offered by the digital insurance project his team was working on as an opportunity to learn more about the insurance industry in Nigeria.  Despite Nigeria being Africa's most populous country, its insurance penetration rate is among the lowest in the region, currently standing at just 0.5% as of March 2022. His discoveries  inspired him to initiate a solution for enhancing access to insurance products. That marked the birth of MyCoverai, an embedded insurance startup, which seeks to drive the adoption of insurance by building Africa's digital insurance infrastructure.  The company has attracted more than 10,000 active users, including 4000 first-time buyers of insurance products. It has over 30 distributors on its platform,  and offers integration to 9 leading insurance companies with more than 30 insurance products, Banjo and his team won a seat at  Techstars Toronto 2022, for t...

MyCover.ai: How Adebowale Banjo Discovered His Business Idea And Raised $1.25 Pre-Seed Funding

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Adebowale  and his team created MyCover.ai to improve access to insurance services by enhancing the  distribution of insurance   products more quickly and affordably  MyCover.ai, is an insurtech platform which  provides open insurance API that enables businesses and innovators to embed and distribute insurance to anyone in Africa. Banjo Conceived the business idea of MyCover.ai while working on a digital insurance project with his friends at  AutoGenius. His work at AutoGenius made him to start learning deeply about the insurance industry Despite Nigeria being Africa's most populous country, its insurance penetration rate is among the lowest in the region, currently standing at just 0.5% as of March 2022. In contrast, South Africa's insurance penetration rate is much higher, at around 14%, while Kenya's is around 2.8%. And  according to the African Insurance Barometer 2021, insurance penetration in Africa as a whole is only 2.8%, which...

11 Business Lessons On How Jumoke Moved Taeillo From A Solo Business To A Multinational Company That Has Attracted $2.8 Million Funding

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Jumoke Dada started Taeillo to provide homes and businesses with  innovative, affordable furnitures,  created with unique African concepts She got her business idea from an experience she had in her 3rd year at the University of Lagos, where she was studying to earn her bachelor’s degree in Architecture. She had joined her dad, who is an architect, on a construction site. After participating in the building project, she realized that architecture wasn't for her because she had seen one of the biggest buildings anybody would want to be part of in the architectural industry which made her imagine how difficult it would be to advance to the industry’s desired level  In response to that personal puzzle, she made changes and resolved  she will be able to express herself more with interior designs. She started Taeillo by posting furniture designs online without actually having physical ones. She made her first sale on Facebook, which helped her gain validation/...

Smatkaria Wiz-Starters Registration

Discover Great Business Ideas, Raise Capital Easily, Execute Smartly,  Scale Fast and Make Your Business Highly Successful Smatkaria Wiz-Starters is an online innovation and startup growth management hub, where emerging business leaders are introduced to contemporary  business development and growth strategies. We offer an online  business library and  memebership training program, with the goal of enabling  entrepreneurs to build highiy successful  companies. Wiz-Starters Library includes 100+  and counting smart startup cases that will help you discover the business ideas as well as the business  models, growth strategies and funding strategies of highiy successful startups in Nigeria The business cases are designed to guide you to  learn contemporary business development and growth strategies which will  transform your business, and help you achieve higher sales,   profitability, and growth. We take  the hard work of...

The Rise Of Kubik: Start By Doing What's Necessary

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As nations battle with climate change, Kidus Asfaw, a graduate of Biomedical Engineering took up the just-in-time task of turning used plastics into building materials,  driven by the mission to  reduce pollution In less than a year after he started Kubik, the company has raised $3.65 million and was one of the two winners at the grand finale of the Global Startups Awards Dear Innovators,  "Start by doing what's necessary, then, do what's possible and suddenly, you're doing the impossible"~ St. Francis of Assisi @Smatkaria

Kidus Asfaw Gets Major Boost As Kubik Secures $3.34 Million To Convert Plastic Waste Into Cheap Building Materials

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Kidus Asfaw created Kubik for transforming plastic wastes into construction materials Kubik is a Waste management startup which gives a second life to hard-to-recycle plastic waste by turning them into low-cost and low-carbon building materials that can be used to build schools, clinics warehouses, and homes.   As the world battles with containing Climate Change, good management of plastic is critical It's reported that Africa generates 8.5 million of the world's 380 million tonnes of plastic.  "Plastic pollution can alter habitats and natural processes, reducing ecosystems' ability to adapt to climate change, directly affecting millions of people's livelihoods, food production capabilities and social well-being" UNEP That's the huge problem Kidus is trying to help solve through Kubik  and he's gaining exciting tractions for doing so On March 29, 2023, Kubik was one of the two winners at the grand finale of the Global Startups Awards ______...

Credpal Business Model And Growth Strategies

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L-R: Olorunfemi Jegede, (COO) and  Fehintolu Olaogun (CEO)  (Credpal Founders) Credpal is a fintech company in Nigeria that lets businesses and individuals buy items from merchants online and offline and pay for the items with instant access to loan/credit at the point of checkout Its proprietary technology provides consumer credit infrastructure that allows banks and other financial institutions to deliver consumer credit in real-time across point-of-sale channels. This helps Credpal users to Buy-Now-n-Pay-Later. The founders, Fehintolu Olaogun (CEO) and Olorunfemi Jegede, (COO) were inspired by the observation that consumers in Africa  find it hard to  pay outright for products due to low purchasing power, and low access to credit for purchases, which in turn,  leads to low sales for merchants on the continent. To address that challenge, they launched CredPal  to serve as the  financial backbone for consumer credit in Africa. The company ...

How Fehintolu Discovered His Business Idea And Turned It Into A $16.8 Million Backed Credpal

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Fehintolu and his team created CredPal  for providing point-of-sale consumer credit to working professionals in Africa Credpal is a fintech company in Nigeria that lets businesses and individuals buy items from merchants online and offline and pay for the items with instant access to loan/credit at the point of checkout Its proprietary technology provides consumer credit infrastructure that allows banks and other financial institutions to deliver consumer credit in real-time across point-of-sale channels. This helps Credpal users to Buy-Now-n-Pay-Later. The founders, Fehintolu Olaogun (CEO) and Olorunfemi Jegede, (COO) were inspired by the observation that consumers in Africa  find it hard to  pay outright for products due to low purchasing power, and low access to credit for purchases, which in turn,  leads to low sales for merchants on the continent. To address that challenge, they launched CredPal  to serve as the  financial backbone for cons...

Raenest's Business Model And Growth Strategies

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Raenest is a dynamic tech company founded by Victor Alade and his team with the vision to simplify and streamline the payment process for remote workers and freelancers across Africa. The company's primary aim is to automate invoicing, enabling individuals to receive payments faster from global clients without incurring any transaction charges. Inspiration and Background:  Victor Alade's personal experiences as a remote worker in the United States and the United Kingdom were the driving force behind the creation of Raenest. He encountered numerous challenges when it came to getting paid for his work, including delays in international money transfers and high transaction fees. Furthermore, compliance and payment-related obstacles prevented him from accessing certain job opportunities. These hurdles inspired him to join forces with his co-founders to develop solutions through Raenest. Business Model:  Raenest offers a comprehensive platform that caters to the needs of...

6 Lessons On How Adeola Got the Idea for OneHealthNG and Turned it into a Fast Growing Company in Africa--- Smatkaria

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Adeola Alli was inspired to start OneHealthNG because  she was not  able to easily access specialized medication for her child when she needed those products OnehealthNG is an online pharmacy and digital-first healthcare platform that  enables anyone to smartphone to  easily order medication to their homes. She launched  the business with  one retail  pharmacy store which she bootstrapped with savings and support from family A year after the launch of the pilot store, the company added an online platform and began partnering with different health service providers across Nigeria  OneHealth  has built a network of over 1000 Pharmacies plus laboratories and specialists across the 36 states of Nigeria to help fulfil or deliver orders placed on their platform.  Adeola made it happen despite not having any experience in technology and her story illustrates critical points necessary for building successful company: 1. The best comp...

How Victor Alade Moved from Being a Remote Worker to Launching a Fast Growing Company that's Helping Remote workers in Africa to Easily Receive Payment Globally--- Smatkaria

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Victor Alade and his team created Raenest to help remote workers and freelancers in Africa automate invoicing and get paid faster by clients globally at no transaction charges. Alade was inspired to create Raenest by the challenges he encountered  while working  remotely for several companies in US and UK.  Getting paid for his work was often difficult. He would have to manually send invoices and wait days for the international money transfer to be delivered.  He missed out on several jobs as there were no reliable ways through which he could be compliantly employed and  get paid.  He was losing 15 per cent  to transfer fees and unfavorable exchange rates, every time he got paid And while leading an engineering team, they couldn’t hire a Ugandan engineer because the company he was working for did not have a legal entity in Uganda.  The challenges inspired him to partner with his co-founders to launch Raenest with the goal of creating...

Victor Alade: From A Remote Worker Facing Challenges To The Successful Founder Of A Company That's Solving The Challenges Confronting Remote Workers

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While working remotely for companies in UK and US, Victor Alade had challenges getting his pay on time because he would have to manually send invoices and wait days for the international money transfer to be delivered.  He wàs losing 15% of his salary to transfer  charges and unfavorable exchange rates And he missed out on several jobs as there were no reliable ways through which he could be compliantly employed and  get paid.  These inspired him to launch Raenest to  help companies easily onboard African talents,  and enable remote workers and freelancers in Africa automate invoicing and get paid globally at NO transaction charges. Raenest  is now used by  workers at Upwork, Toptal, Andela, Fiverr, Tunga. The firm  won a seat at Techstars Toronto accelerator, got $120,000 (90.2 million naira) funding and  has also  raised a pre-seed funding round from ten investors including Ventures Platform, Seedstars, TCVP, Ajim Capi...

How Nnaemeka Ikegwuonu Discovered The Idea For ColdHub And Turned It Into A Multiple International Award Winning Brand

Nnaemeka Ikegwuonu started ColdHub to  solve the problem of food spoilage through providing Cooling as a Service (CaaS) ColdHubs is a Nigerian company that operates solar-powered cold rooms, providing a pay-as-you-store service for fresh produce to smallholder farmers and market merchants. Nnaemeka's business idea came from a discovery that Nigeria is ranked 100 out of 113 countries on the Global Food Security Index and over 88 million people in the country face food insecurity and 12% are undernourished, not because of lack of food, but due to excess of waste.  It was found that an alarming 40% of the food Nigeria produces every year is lost before it reaches consumers. That’s equal to 31% of  total land use, according to the World Bank, and accounts for 5% of the country’s greenhouse gas emissions. ColdHub created its proprietary  solar-powered walk-in cold rooms to help provide lasting solution to the problem. The company started  in Owerri, Imo State, with a...

How Jehiel Oliver Discovered The Idea For Hello Tractor And Turned It Into A $4.4 Million Backed Multinational Company--- Smatkaria

Jehiel Oliver created Hello Tractor to make tractors available to small-holder farmers, on-demand. Hello Tractor is an AgTech company that  offers proprietary mobile technology which allows farmers to connect with local tractor owners and book a machine for as long as they need it.  Prior to launching Hello Tractor, Oliver was an investment banker and he was inspired by the observation that while Africa has the largest inventory of arable land on earth, crop yields lag behind the rest of the world because of a lack of mechanization.  It was  found that in sub-Saharan Africa, there were only about 27 tractors per 100 square kilometres of agricultural lands compared to roughly 200 tractors global average The discovery made Oliver to launch Hello Tractor as  an opportunity for technology to help farmers pay for the use of tractors even if they cannot afford their own. Hello Tractor started by enabling famers to send a coded service request to an SMS short code and,...

Demo Sub At Wiz-Starters

Wiz-Starters Demo is a monthly 7 days  business program were memebers pitch  business ideas and  growth plans. It provides a Live platform for co-learning as well as for practicing how to pitch business proposals to Investors The monthly Grand Prize for Wiz-Starters Demo is  ₦100,000  The  Demo holds on the 4th week of every month  At the end of each Demo Season, the best proposal wins the Grand Prize of ₦100,000 To be part of each  Demo Season, you need to sign up for the  Demo with ₦2,700 only Sign up for Wiz-Starters Demo with ₦2,700 Only

Wiz-Starters Membership Registration

Discover Great Ideas, Execute Smartly,  Scale Fast and Make Your Business Highly Successful Wiz-Starters is a membership-based innovation and growth management group, created by Smatkaria,  were emerging business leaders are introduced to contemporary  business development and growth strategies. Everyday, at Wiz-Starters platform, ... ☑️We discuss leading startups, how the founders discovered their  business ideas and the smart execution and business growth strategies they used to dominate their markets. ☑️We  discuss  business models.  ☑️We  discuss business growth strategies.  ☑️We  discuss funding strategies.  ☑️We discuss marketing strategies  Our goal is to help our memebers discover, master, and execute  smart contemporary innovation and growth techniques that  help to build and scale successful business systems and achieve fulfilling personal career and financial ambitions. Wiz-Starters daily community discussi...

Digital Marketing Made Easy (DMME)

Build large online audience, attract massive customers,  make great sales and enjoy customer loyalty and repeat patronages That's what we want to help you do through our next DMME  Private Cohort The theme is: WINNING IN BUSINESS THROUGH CONTENT MARKETING Key Highlights: 1. Introduction to content marketing 2. Content Marketing Strategies for building massive social media audience 3. Content Marketing plan for building successful business online 4. How to create a winning content marketing strategy for massive customers acquisition  5. How Gymshark became a unicorn through the use of social media content marketing There are few seats left To book yours,  Register Now with N15,200 at Paystack About DMME Digital Marketing Made Easy (DMME), is a 7 day intensive Private Live Webinar that helps you  learn how to easily build large online audience,  attract massive customers, make great sales, attract repeat patronages and build a successful business through the ...

Profitable Laundry Business Masterclass

YOU CAN START YOUR LAUNDRY BUSINESS AND MAKE N380,000 IN 30 DAYS Christian Sanya started her Laundromat in September 2022. She now makes $24,000 (over 17 million naira) a month Charles started his Laundry side gig  after he attended this Free Training.  He made N107,800 a week and  averages N431,200   a month. Three days ago, Okalue sent a message to let me know he successfully started his Laundry side gig through outsourcing. He is using the Option 3 Strategy he learnt from this Masterclass These are practical  realities. And It's possible for you My name is  Kal Ndukwe . This year makes it over 8 years I started my successful business journey  And I created---- "HOW TO START A LAUNDRY BUSINESS AND MAKE N380,000 IN 30 DAYS" ---- to help you start yours and begin making money from Day 1 Join the Live Training and launch your Profitable Laundry Business with ease  Click Here To Gain Access Now

Laundry Business Hack

YOU CAN START YOUR  LAUNDRY BUSINESS AND  MAKE N380,000 IN 30 DAYS Register Now for N3000 Only Christian Sanya started her Laundromat in September 2022. She now makes $24,000 (over 17 million naira) a month Charles started his Laundry side gig three weeks ago after he attended my Training. He made N107,800 a week and  averages N431,200   a month. Three days ago, Okalue sent a message to let me know he successfully started his Laundry side gig through outsourcing. He is using the Option 3 Strategy he learnt from my Masterclass These are practical  realities. And It's possible for you My name is Kal Ndukwe . This year makes it over 8 years I started my successful business journey  And I created " HOW TO START A LAUNDRY BUSINESS AND MAKE 380k IN 30 DAYS " to help you start yours and begin making money from Day 1 Join my Live Masterclass and launch your business with ease Here are the key areas we will cover In the Live Mentoring Training: ➡️How to make...

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Privacy Policy: Dear valued customer, kindly note that the information obtained from you shall be strictly used for facilitating interaction between you and our brand. We do not transfer details obtained from our clients to 3rd party Disclaimer:  This site is not a part of the Facebook website or Meta, Inc. Additionally this website is NOT endorsed by Facebook in any way. Facebook is a trademark of FACEBOOK, INC. VERY IMPORTANT: Please note that we  DO NOT   offer free trials for this course and you must pay the required fee before you gain access to our training. Also note that we do not request for your personal information and we do not charge another fee after you pay the  registration amount  required  to  join our masterclass. The results stated above are for each individual represented. We're using the references  for example purposes only. Your results will vary and depend on many factors, including but not limited to your background, expe...

How Toyin Ajayi Discovered Her Business Idea and Turned it into a $10 Billion, US based, Fast Growing Company

Dr Toyin Ajayi and her team founded Cityblock Health to provide affordable healthcare to lower-income and marginalized communities. Cityblock Health is a tech-driven healthcare company that provides human-centered primary care, behavioral health, and social care to persons who have been historically marginalized in the healthcare system, primarily people who are receiving their health insurance through Medicaid. Dr. Ajayi was inspired to create Cityblock Health by her observation of the persistent underserving of low-income individuals and exclusion of vulnerable people in existing healthcare system  She became frustrated by the systemic issues that she began experimenting with ways to extend her care like giving out her cell phone number, making house calls, being available to explain medications.  That idea grew into Cityblock where that level of personalized care is scaled Cityblock is driven by the goal of providing high-quality holistic care at a lower cost. T...

Smatkaria Masterclass

Become an Innovative Entrepreneur  Launch, Build, Scale and Make Your Business Highly Profitable with a Smatkaria Masterclass Memebrship Want to turn your idea into a successful business? Want to make your business  grow bigger and better? Want to grow your customer base and  your sales numbers? Want to discover proven business models that work and how successful entrepreneurs are building radically successful companies? Want to discover what you need to do to make your struggling business work? Want to discover how to create multiple sources of income and exit the rat race? Start your Smatkaria Masterclass Membership today  This membership is for 30 days Pay  ₦7,550 only  This is a one time payment.  No additional charge You will get full access to Smatkaria Masterclass Community, Smatkaria Weekend Business LiveChat, Smatkaria Stories and Smatkaria Magazine.  Smatkaria  Community can be the ideal platform you need. Learn proven business mode...