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Better Logistics May Help Businesses and Consumers Beat Inflation

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Eunice Wambui Founders Factory Africa businesses and consumers

Over the past couple of years, inflation has run rampant across the globe. Nigeria is no exception, with inflationary increases hitting 31.7% in February, its highest level since 1996. Such high levels of inflation negatively affect businesses and consumers alike. The effect on consumers is obvious. We all feel it every time we go to the shops, and we despair at the fact that a bag of groceries costs as much as a trolley full did just a few years ago. Businesses, meanwhile, face spiralling wage bills and (in the worst instances) a customer base that can no longer afford its products.

While central banks and governments are doing everything they can to bring those inflation rates down, there are interventions that private sector organisations can take to lessen the impact of inflation too. Effective logistics and fulfilment solutions, for instance, can help small and medium-sized enterprises (SMEs) overcome some of the supply chain issues that drive inflation.

“Logistics and fulfilment are essential to a successful e-commerce landscape,” says Eunice Wambui, Investment Principal at early-stage startup investor Founders Factory Africa. “Beyond that, logistics combined with innovation can unlock solutions that lower the cost of doing business for entrepreneurs, companies and customers alike, allowing limited capital to be deployed elsewhere.”

One company that’s helping them overcome those challenges is Renda. Founded in 2021, the logistics fulfilment startup has, with the backing of organisations including Founders Factory Africa (FFA), provided tailored fulfilment and distribution solutions for over 400 small, medium and large businesses, processed over 200 000 orders and helped e-commerce businesses reach more than 50 000 retailers across Nigeria.

“At Renda, we provide flexible storage solutions that allow companies to adapt to fluctuating demand patterns by scaling their storage capacity accordingly,” says Eniola Salami, VP of Growth and Partnerships at Renda Africa. “This flexibility also optimises inventory levels without necessarily tying up capital in unused storage spaces. Just to add to that as well, outsourcing fulfilment operations is a big thing which Renda offers, such that we’re able to streamline the order processing, reduce the lead time, and also improve overall supply efficiency for businesses.”

Implemented correctly, all of that should allow African businesses to minimise any cost increases they have to pass on to their customers. More than that, such solutions can help African companies maintain revenue and profitability, even in an inflationary environment.

As Salami explains, the fact that Renda gives businesses a data-driven view of their logistics network can be immensely beneficial too.

“Renda brings you to a point where you have visibility into your logistics network and you’re exposed to the data analytics that you require,” he says. “That, in turn, helps your business and your brand make proactive, informed decisions. When brands do this, they begin to see how they can optimise efficiency and then are also able to minimise their logistics costs and overall improve inventory management.”

That’s not the only area where Renda offers value, either.

“Brands can also benefit from Renda’s end-to-end logistics capabilities, including storage, inventory management, order fulfilment, last mile and haulage,” Salami says. “That simply means that if you come to Renda with any logistics or fulfilment challenge you might have, you can be assured that Renda has a solution to cater for it..”

But the enhanced logistics and fulfilment offered by a company like Renda aren’t just important for helping businesses ride out inflation. They’re also going to become increasingly essential as e-commerce continues to grow across the continent.

As a stakeholder deeply connected with business conditions on the ground, Wambui agrees. “As the sector keeps growing, the role of logistics and fulfilment and companies only become more important. As an investor, it’s our responsibility to support high-quality innovators like Renda who are moving the dial for businesses and consumers on the ground,” Wambui says.

According to the International Trade Association, Africa is set to surpass half a billion e-commerce users by 2025. As a result of this growth, Statista says, African e-commerce revenues will pass US$51 billion by 2028.

Even with that kind of logistical support provided by companies like Renda, African businesses will still need to embrace a spirit of collaboration and focus on some specific fundamentals to succeed. Regardless of sector, Salami points out, these fundamentals can be pretty simple.

“It’s simple,” he says. “You are solving problems, right? Listen to your customers, understand their needs, and then solve the pain points. When you do that, growth will follow.”

Eniola Salami Renda

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Building 234 Solutions: A Response to Everyday Workforce Challenges

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Owoloye Emmanuel 234 Solutions

By Owoloye Emmanuel

Every business starts with a problem. For us, that problem was hiding in plain sight.

Across organisations, we kept seeing HR professionals, payroll teams, and business leaders spend significant time navigating processes that should be simpler. Employee records sat across multiple systems, payroll processes required manual intervention, and routine workforce tasks often became more complicated than they needed to be.

As businesses grow, workforce operations naturally become more complex. Yet many organisations still rely on disconnected tools and workflows that create unnecessary friction for both employers and employees.

The consequence is more than operational inefficiency. HR teams spend valuable time managing systems instead of supporting people. Business leaders struggle to access timely workforce insights, while employees experience delays in processes that should be seamless.

These weren’t isolated challenges. They were recurring realities across workplaces, regardless of industry or size.

That observation led us to a simple question: what if workforce management could be easier?

What if HR, payroll, and workforce operations could work together within a single, connected experience?

That question became the foundation for 234 Solutions.

We are building 234 Solutions with a clear belief that workplace technology should reduce complexity, not add to it. Our goal is to help organisations spend less time navigating processes and more time focusing on productivity, growth, and people.

As we prepare for launch, our focus remains simple: building practical solutions for real workplace challenges and helping organisations create better experiences for the people who power them every day.

Owoloye Emmanuel is the founder of 234 Solutions

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The Role of TV in Preserving African Stories and Identity

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Preserving African Stories

Scroll through social media today, and you will notice something interesting: everyone is either reacting to a series, quoting a movie line, or debating a character as though they personally know them. Beneath the memes and binge-watch culture, however, lies something deeper. Television remains one of the most powerful tools shaping how Africans see themselves, remember their history, and tell their own stories. In a continent as diverse and expressive as Africa, that matters more than ever.

TV as a Cultural Archive, Not Just Entertainment

Long before streaming algorithms began shaping our viewing habits, television was already preserving African identity. From Nollywood dramas that capture the rhythm of everyday Lagos life to documentaries exploring Maasai traditions and Ghanaian folklore, TV has served as a living archive of the continent’s stories.

It preserves more than entertainment; it preserves language, culture, humour, values, and shared experiences. Unlike fleeting social media content, television allows stories to unfold with depth, exploring the realities of family, tradition, ambition, and modern African life without reducing them to stereotypes. That is the power of TV: preserving not just stories, but perspective.

Why Representation on TV Still Matters

There is a subtle but important truth: if people do not see themselves on screen, they may begin to believe their stories are not worth telling. This is why African TV content is more than entertainment; it is affirmation.

Seeing a character who speaks like you, struggles like you, or celebrates like your community does something powerful. It validates identity and challenges outdated narratives that have historically defined Africa through external lenses.

This is where MultiChoice Group, through platforms such as DStv and GOtv, plays an important role. They do not simply broadcast content; they help distribute cultural memory at scale.

GOtv, DStv, and the Everyday African Viewer

Think about a typical evening in many African homes: the TV is on in the background, someone is laughing at a comedy show, another person is watching a local series, and someone else is catching up on the news. That shared viewing experience remains very real.

Through platforms such as DStv and GOtv, African households are exposed to a blend of local storytelling and global content. More importantly, they have helped amplify African-produced content by bringing Nollywood films, African reality shows, talk shows, and documentaries into mainstream rotation.

It is not just about access. It is about visibility.

A young filmmaker in Lagos today is more likely to believe their story matters because they have seen similar stories broadcast widely. A child in Accra grows up hearing familiar accents and seeing environments that look like their own on screen, not as exceptions, but as the norm.

TV Is Also Shaping Modern African Identity

African identity is not static; it is evolving. Television reflects that evolution in real time.

Today, audiences see:

  • Young Africans balancing tradition and modern dating culture

  • Stories tackling mental health in African households

  • Fashion and music influences spreading through TV series

  • Political satire shaping public conversation

Conversations that were once confined to homes are now being explored on screen, giving audiences the language to discuss issues that were previously unspoken.

In many ways, television is doing what oral tradition has always done: passing stories, values, humour, warnings, and history from one generation to the next. The difference is that today’s griots are writers, directors, and broadcasters.

The Future: From Watching to Owning Our Narratives

The next stage of African storytelling is not just about being seen; it is about ownership.

As more African creators produce content and platforms continue to invest in regional storytelling, television becomes more than a mirror. It becomes a tool for shaping how Africa is represented to itself and to the world.

While streaming continues to grow, television, particularly accessible platforms such as GOtv, remains one of the most effective ways to reach everyday audiences across different income levels and regions. After all, storytelling only matters if people can access it.

African stories are not new. They have always existed in families, on streets, in markets, in history books, and through oral traditions. What television has done, and continues to do, is give those stories a stage wide enough for millions to experience them at once.

The next time you watch a local series or documentary on DStv or GOtv, remember that you are not just being entertained. You are participating in the preservation of African identity itself.

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The Future of AI in Nigerian SMEs: Overcoming Barriers to Implementation

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Kehinde Ogundare 2025

By Kehinde Ogundare

Ask a tech entrepreneur in San Francisco what AI means for their business, and they are likely to talk about competitive advantage, product differentiation, and scale. Ask a small business owner in Kano or Onitsha the same question, and the conversation shifts entirely.

For many Nigerian SMEs, the priority is keeping the lights on, managing costs, and finding sustainable ways to grow in a challenging economic environment. This difference in perspective explains why the global AI conversation, often shaped by assumptions about stable infrastructure, deep capital, and abundant technical talent, frequently fails to address the realities facing Nigerian SMEs.

This matters because Nigerian SMEs are not a peripheral concern. In 2024 alone, MSMEs contributed 46.32% to Nigeria’s GDP, accounting for 96.9% of businesses and 87.9% of employment. These businesses are the backbone of the Nigerian economy, and if AI is going to mean anything for Nigeria’s development, it has to work for them in the daily conditions they actually operate in.

However, research drawing on empirical data from 144 Nigerian SMEs found that inadequate infrastructure, low digital literacy, skills shortages, and regulatory gaps are collectively preventing them from meaningfully engaging with AI. Awareness of AI is high and growing. What is missing is a clear and honest conversation about what adoption actually requires in this specific context. The barriers are real, but none of them are insurmountable. The question is whether the tools, pricing models, and support structures being offered to Nigerian SMEs are designed with those barriers in mind, or whether they have been built for another market entirely.

Subscription models making AI affordable for small businesses

When most small business owners hear “AI,” they imagine expensive software, specialist consultants, and a hefty upfront bill.

That assumption is not entirely wrong, but it describes a particular way of buying technology, not AI itself. The shift that makes AI genuinely accessible at the SME level is the move away from large, one-time capital purchases towards tools that charge a predictable monthly subscription. Businesses can pay for what they use, scale back when necessary, and avoid the debt that a major technology investment can create.

The deeper opportunity here is consolidation. Many SMEs are already spending money across multiple disconnected tools—one for invoicing, another for customer records, another for stock tracking—none of which talk to each other. An integrated platform that handles several of these functions together, with AI built in, can actually cost less than the sum of those separate subscriptions while giving business owners a clearer picture of their operations.

With margins already under pressure, any technology a business adopts needs to visibly show an increase in productivity or bottom line. Subscription-based, integrated platforms, priced transparently and honestly, are the model that best fits this reality.

Infrastructure challenges demand a mobile-first approach

No conversation about technology in Nigeria is complete without confronting the infrastructure problem, and AI is no exception. Nigeria continues to face major infrastructure barriers, including limited broadband access, unreliable power supply, and high data costs, all of which constrain deeper AI adoption. These are structural features of the operating environment that any sensible technology strategy must account for today.

The electricity situation alone is significant. The World Bank estimates that the lack of stable electricity costs Nigeria’s economy approximately $26.2 billion annually, equivalent to about 2% of GDP, forcing many businesses to run on expensive diesel generators. That cost ripples outward.

In practical terms, AI tools built for Nigeria cannot assume a stable broadband connection or a computer that is always powered on. The tools that will actually get used are the ones that work on a smartphone, consume minimal data, and can function offline when connectivity drops, syncing back up when it returns. The mobile phone is already how many Nigerian SME owners run their businesses. AI that meets them there, rather than demanding infrastructure they do not have, is AI that has a genuine future in this market.

The direction is clear: build capability from within, using tools that make that possible. Recent AI performance research reveals that 64% of African workers are already actively using AI at work, signalling massive grassroots readiness and driving forward-thinking organisations across Nigeria, Kenya, and South Africa to aggressively prioritise internal upskilling frameworks to bridge the talent gap.

As the policy groundwork is being laid, the commercial ecosystem is beginning to respond. What remains is a clear-eyed acceptance that AI tools built for this market need to look different from those built for markets with different realities. Low cost, low bandwidth, and usability for non-technical people are not modest ambitions; they are the actual requirements. Build for those realities, and AI has a real future in Nigeria’s SME economy.

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