2024 was a challenging year for Nigeria’s e-commerce and logistics sectors. Fuel prices quadrupled, inflation soared, and businesses and customers alike struggled to keep pace with skyrocketing costs.
“Everyone was in survival mode,” said Ope Onaboye, CEO of Renda, the only Nigerian logistics startup that raised VC funding—$1.9 million—in 2024.
We asked eight founders and…
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