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Home»News»How a Nigerian Startup Landed Oracle’s Backing to Digitize Africa’s SMEs
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How a Nigerian Startup Landed Oracle’s Backing to Digitize Africa’s SMEs

Gift IfeanyiBy Gift IfeanyiJuly 14, 202503 Mins Read
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Lagos, Nigeria – In a country where 72% of businesses still rely on paper-based systems, Bloo Cloud Tek Consult is leading Nigeria’s digital transformation charge through its groundbreaking partnership with Oracle NetSuite. The Lagos-based tech firm is bridging the gap between global enterprise solutions and Nigeria’s unique business landscape.

The Oracle NetSuite Advantage

 All-in-One Cloud Platform: Integrates financials, inventory, CRM and e-commerce
Global Standards, Local Expertise: 97% client satisfaction across 50+ implementations
Built for Scale: From Kano furniture exporters to Lagos fintechs

“We’re not just implementing software – we’re changing how Nigeria does business,” says the Bloo Cloud CEO, whose team has become the go-to ERP specialists for Nigerian SMEs and corporations alike.

Demo

Solving Nigeria-Specific Challenges

 Power & Internet Issues: Cloud-based system works offline and on mobile
Cost Barriers: Subscription model cuts upfront costs by 60% vs traditional ERP
Regulatory Compliance: Automates tax reporting under Nigeria’s NDEPS policy

Success Story:
A Kano-based luxury furniture exporter reduced shipment delays by 40% and grew international sales by 25% within 6 months of NetSuite implementation.

The SME Transformation Engine

Metric Average Improvement
Operational Costs 15-30% reduction
Process Efficiency 20-45% faster
Revenue Growth 10-20% increase

“Our modular approach lets SMEs start small – maybe just inventory tracking – then add features as they grow,” explains the CEO.

Driving National Economic Impact

 Supporting 900+ indirect jobs through client growth
Enabling Nigerian businesses to compete globally
Creating local ERP expertise through training programs

The Road Ahead

 Pan-African Expansion: Kenya and Ghana markets by 2026
AI Integration: Implementing NetSuite’s predictive analytics
Talent Development: Training 500+ Nigerian ERP specialists annually

For Aspiring Tech Entrepreneurs:
“Start with a real business problem, not just cool tech. Our first client was drowning in paper invoices – today they’re digitized and serving multinationals.”

Call to Action:

  • Government: Accelerate broadband infrastructure and Startup Act implementation

  • Private Sector: Invest in local tech talent development

  • Businesses: Digital transformation isn’t optional – it’s survival

As Nigeria pushes to diversify beyond oil, Bloo Cloud’s work demonstrates how cloud ERP can power the non-oil economy. With their Oracle NetSuite partnership, they’re not just future-proofing Nigerian businesses – they’re rewriting the rules of African enterprise.

“In five years, we want ‘Made in Nigeria’ to mean ‘Powered by Smart Technology’,” the CEO concludes. “That transformation starts with solutions like NetSuite in the hands of our ambitious entrepreneurs.”

By the Numbers:
• 50+ successful ERP deployments
• 15 industries transformed
• $3M+ annual client cost savings
• 97% implementation success rate

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Previous ArticleStears Report: 72% of Nigerian Graduates Now Prefer Remote Work Over Office Jobs
Gift Ifeanyi

Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

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