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Showing posts from July, 2023

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...