How small businesses, startups in Nigeria can rise during the pandemic

Small Businesses and Startups in Nigeria

All aspects of life are impacted by the pandemic which has halted many kinds of jobs. A number of people have lost their jobs too during the pandemic. But there are these who are able to keep theirs because of its nature. Furthermore, before the pandemic, certain businesses in Nigeria including small businesses and startups have been holed up in obscurity for years. However, they are finally seeing their services in demand now.

Startups companies and small business owners in some of the following niche businesses can leverage the pandemic to grow.

Small businesses, startups in Nigeria that can grow faster during the pandemic

Errands and Delivery Start-up Companies: These two are popular among startups and small businesses in Nigeria and during the pandemic they can find an opportunity to be seen. They can pursue top delivery companies in many regions. Local neighbourhoods in Nigeria who didn’t have the need for delivery in the past, now do. The pandemic has gotten lots of new customers to appreciate delivery services. But top delivery services might not be able to reach them all.

E-commerce: The pandemic is expediting e-commerce as more stores now operate under tight lockdown orders. Online stores in Nigeria are seeing a spike and SMEs and startups can channel some of the traffic to themselves.

Cyber Security: Blockchain has opened up an opportunity for many SMEs in banks and healthcare and the cyberworld. All kinds of conventional internet operations are subject to hacking and require secure solutions. Even without the pandemic, blockchain technology is gaining more investors and more work should be done now.

Cleaning Service: As part of the coronavirus prevention, cleaning and disinfecting is now more required than ever. Additional janitorial services for all facilities functioning during the pandemic is needed. SMEs can consider seeking long term contracts that will last even after the pandemic as people have become more aware of the need to clean.

Entertainment: Entertainment and visual content creators do not want this pandemic to pass without creating an impression. This is because of the inflation in viewership which streaming and gaming sites are gaining now. Series of entertainment channels are utilizing the pandemic to grow and that applies to SMEs and startups too.

Follow us on Facebook and Twitter and send us stories on contact@africareinvented.com

Christina Ngene

Content creator focusing on finance and business with five years of experience and a foundation in forex analysis.

View all posts by Christina Ngene →