Thanks to the initiative in place in Nigeria, many companies are now emerging in the AI space. There are startups in a wide range of sectors, ranging from fintech to productivity. Interswitch, for instance, is a payment solutions company leveraging AI to enhance financial transactions and services. There’s also VESTI, which is aiming to facilitate secure and efficient money transfers through AI and blockchain technology.
In the logistics market, Kobo360 is a new platform that connects cargo owners with transporters. It uses AI to streamline the process and make the supply chain as efficient as possible. There’s also Fireflie.ai, which is an AI-based platform designed to transcribe and summarize meetings. These are just a few of the exciting companies that have emerged in Nigeria over the last couple of years, and there are likely to be many more to follow thanks to the government grants available in the space.
