“Opportunity Knocks”. It was only twenty months ago that an article about Nigeria’s (under this title) growing tech scene was featured in the Economist. The… read more
Foodstantly is an online marketplace for food and farm produce.Foodstantly unifies the millions of farmers, food traders, agro- processors, food companies, food vendors, eateries and open air markets. We provide them with online shops, delivery support,payment integration,ecommerce solutions,SMS integration and direct access to connect and sell directly to consumers and businesses in Nigeria.
Vision & Mission
Our vision is to be the largest single market for food and farm in Africa.Our Mission is to eliminate all the hurdles and challenges experienced in the food/farm produce supply chain by simplifying the way Africans buy and sell food.
The Problems we aim to solve
-Fragmented and Disorganized Market
Market and Customer Segement
In Nigeria we are playing within a $100 + Billion industry (value of food and agriculture industry in Nigeria according to 2013 rebased GDP).However our total addressable market in Nigeria are the 90 million internet users.But our customers are segemented from the over 40+ million people in the middle class.Also we have businesses,resellers and bulk buyers as our customer segement for our B2B (bulk offerring).
We make money from commissions on each transaction as well as delivery fees.Also we make money from profit margins from our B2B offerrings.