Nigeria: Unlocking potential in the giant of Africa
Nigeria, the powerhouse of West Africa and the continent’s most populous nation, is brimming with economic activity. This dynamic market boasts a GDP exceeding €443 billion and a growth trajectory exceeding 4%, making it a market that few can ignore. With a young, entrepreneurial population and economic diversification on the horizon, Nigeria is poised for an exciting future.
Driving forces of Nigeria’s economy
Nigeria’s economic engine long been fueled by oil and gas, is now diversifying into telecommunications, banking and agriculture, among others. The country has a growing tech scene and the combined entrepreneurial spirit to propel it towards a digital future.
Main economic opportunities in Nigeria
Fintech trailblazer
Nigeria is a pioneer in the fintech space, with a booming mobile money market and innovative financial solutions. This sector offers significant opportunities for collaboration and market entry.
Agricultural giant
Nigeria boasts fertile land and a diverse climate, making it a regional leader in agricultural production. A growing livestock sector, including aquaculture and poultry, presents investment prospects along the value chain.
Diversifying economy
Healthcare, real estate, manufacturing, technology/innovation and education emerge as other promising sectors for investment in Nigeria beyond energy resources. With an estimated population of 218 million, Nigeria makes up the brunt of economic activity in Western Africa.
Larive’s local partner since 2009
Commercium Africa represents the Larive Group in Nigeria. Together we support clients with all aspects of business intelligence, market entry, implementation and post-entry services.
Commercium Africa is led by the motto ‘Understand the market, meet your clients and enter the market’.
Succes stories from Nigeria
A selection of relevant projects
Embark on your Nigeria journey with Larive
Nigeria’s potential is vast, but navigating the complexities of the market can be very challenging. Commercium Africa will be your trusted guide in Nigeria, unlocking the opportunities for your success in the Giant of Africa. Based out of Lagos, the team has over 15 years of experience with securing successful market entry across Nigeria.
