Reports say Nigerian export is worth NGN 994.3 billion in June 2017;
While a huge sum of this figure is dominated by crude oil export, over the years non-oil export is gradually growing- thanks to Government’s focus to increase foreign exchange.
However, while Government get credit for their commendable work over the past few years, we must not forget the incredible impact Technology has had in helping boost foreign exchange.
There has been loads of technological products deployed to make life better in health, transportation, communication, trade… etc, perhaps one that’s been impressive for example is cokodeal.com- doing a good job in connecting local manufacturers, suppliers of African produce to global market.
Cokodeal is one of Africa’s shining light in the ecommerce industry. Their focus in promoting Africa’s resource to get buyers from the global market is timely and meets specific long term problem technology is yet to solve in Africa; Their subscribers are local farmers, manufacturers and suppliers of raw materials, agro products(raw, semi-processed and processed), minerals locally produced and grown in Africa. Suppliers on cokodeal get demands from Europe, Asia, and America trading in products like cocoa seed, sesame seed, cassava, palm kernel seed.
They have built a reputation for themselves over the years as one of Africa’s finest upcoming export ecommerce platform.
We know that technological advancement has deferred several norms especially in the way we do business. Exportation business in African is experiencing change. Ecommerce is using technology to facilitate trade. With ecommerce business transactions which would usually take days to transact can be conducted within minutes- it makes things easier.
For Nigerian export business, Ecommerce is bringing in new players into the fore. Small groundnut farmer in Kano for example can be part of or do a deal with someone somewhere in Netherlands, this can be made possible through technology and cokodeal is doing just that.
What we’ve noticed over time are small players coming in to play their part In exportation and making gains for themselves, we’ve had deals range from few Kgs to hundreds of tons. There’s been buying request to meet different supply capacities; this brings in smaller players into the business. – Raymond Agholor (Cokodeal Public Relations)
Cokodeal only deal with their subscribers. These subscribers are entitled a free online store where they can display their business to prospects to give them online presence and wider reach.
Subscribers can pick up an ad package to promote their products to get customers or Cokodeal also contacts them should any buying request come in from any of their trusted buyers around the world (which they often get every now and then).
This model has seen several of their subscribers make good gains along the way.
Only time would tell what the future holds for cokodeal but at the moment, they seem to be holding on really well, gaining experience and ground along the way.
We hope they keep this up and the sky- like they say… would be their stepping stone.
So are you into agro business and looking to scale globally? Or you’re looking to go into exportation business of your Made in Africa export? This is huge opportunity your business needs.
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