Nigeria has rapidly become Africa’s technology powerhouse, producing multiple unicorns — startups valued at over $1 billion — that are reshaping finance, commerce, and innovation across the continent. Companies such as Flutterwave, OPay, Andela, and Interswitch have not only scaled globally but have also placed Nigeria firmly on the world’s innovation map.

Flutterwave, for example, processed over $16 billion in transactions in 2023, making it one of the largest payment processors in Africa. OPay has built one of the continent’s most widely used mobile money platforms, empowering millions of Nigerians with access to digital finance. Andela has become a global leader in remote engineering talent, connecting Nigerian developers to opportunities worldwide. Interswitch, one of Nigeria’s earliest unicorns, continues to be a backbone of the African payments ecosystem.

Impact Highlights

• Financial Inclusion at Scale – Millions of Nigerians now access digital payments, loans, and e-commerce through tech-driven solutions.
• Global Competitiveness – Nigerian startups attract international investors and partnerships, showcasing Africa’s potential.
• Jobs & Skills – Thousands of young Nigerians are employed in tech, while many more are trained in digital skills and software engineering.
• Innovation Hub – Nigeria is now seen as Africa’s Silicon Valley, inspiring a new generation of entrepreneurs.