business

Chowdeck Acquires Mira to Enhance Backend Infrastructure of Its Food Delivery Operations

Published

3 months ago

June 24, 2025

Chowdeck Acquires Mira to Power End-to-End Solutions for Food Businesses

Chowdeck, one of Nigeria’s top on-demand delivery platforms, has acquired Mira, a restaurant point-of-sale (POS) and management system, in a strategic move that signals its transition from last-mile delivery to full-stack food business operations.

Although the acquisition amount remains undisclosed, Chowdeck CEO Femi Aluko explained that the integration of Mira will allow the company to solve longstanding inventory and operational challenges faced by restaurants, supermarkets, and pharmacies—key partners in its ecosystem.

“For a long time, our focus has been customer-centric,” said Aluko. “But as we scale, it’s clear that empowering the vendor side is just as critical.”

Launched in 2021, Chowdeck has grown to serve over one million users, with 3,000+ active riders operating in eight Nigerian cities. It recently expanded to Accra, Ghana, where it reached 1,000 deliveries within two months—a milestone that took a year in Nigeria.

Mira, founded in 2023 by ex-Flutterwave executive Ted Oladele, provides restaurants with an integrated digital toolkit, including QR-enabled menus, in-app payments, inventory tracking, sales analytics, and customer engagement tools. Its hardware POS devices retail at ₦360,000, with over 500 food businesses already onboarded.

As part of the deal, Oladele will join Chowdeck as Head of Product, bringing his team along to help scale the company’s new enterprise offerings. Mira had previously raised $200,000 in a friends-and-family round and was preparing for a seed round before the acquisition.

“I’ve admired Mira’s product and execution for a long time,” Aluko shared. “Bringing them in aligns with our vision to provide holistic tools to food businesses—not just deliveries, but the full stack.”

This marks a significant pivot for Chowdeck—from a fast, reliable logistics provider to a comprehensive service platform for restaurants and food vendors. With Mira’s capabilities, Chowdeck now enters the enterprise software space, offering tools for order management, sales tracking, inventory control, and customer relations.

The move also positions Chowdeck to better compete with global players like Glovo, who are ramping up presence across Africa. By offering deeper value and infrastructure to vendors, Chowdeck hopes to build long-term loyalty and reduce churn.

However, expanding into B2B software isn’t without its hurdles. Selling and supporting enterprise tools demands longer sales cycles, deeper integration, and robust support—areas where many Nigerian startups have struggled. Yet, Chowdeck may have an edge: distribution and trust. Thousands of vendors already use its delivery service, which could ease adoption of its backend tools.

With this acquisition, Chowdeck is redefining itself—not just as a delivery startup, but as a technology backbone for Africa’s small and medium-sized food businesses. It’s a bold step that will require not just product expansion but operational discipline.

business

Discover Life-Changing Digital Products You Can Buy Today on Selar

Published

2 weeks ago

September 1, 2025

globa_admin

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business

We are Hiring: Social Media Growth Ambassadors (2 Positions)

Published

4 weeks ago

August 18, 2025

globa_admin

Remote | Part-Time or Flexible Hours

Are you active on social media and passionate about business, jobs, and opportunities?
Do you know how to attract attention, spark engagement, and drive traffic online?
Then this opportunity is for you!

Role Overview:

We are looking for 2 dynamic individuals to serve as Social Media Growth Ambassadors for GlobabizEmpire.com — a trusted online platform for global jobs, business insights, and income opportunities.

Key Responsibilities:

Promote GlobabizEmpire.com consistently on Facebook, Instagram, WhatsApp, TikTok, or X
Share daily job updates, business news, and smart money tips from the website
Drive website traffic using content, trends, reels, and referral links
Respond to DMs/comments and convert viewers into website visitors
Provide weekly reports on reach, impressions, and traffic performance

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A strong presence on social media (min. 2,500 followers on at least one platform)
Great communication skills and social media creativity
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Monthly stipend + performance-based bonus
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Certificate of Digital Advocacy (upon successful campaign)

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Send us a message with:

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Email: [email protected]
WhatsApp: +234 8153507382
Deadline: August 22, 2025

business

NEXIM Bank and SMEDAN Partner to Strengthen SME Export Capacity Nationwide

Published

2 months ago

July 25, 2025

globa_admin

NEXIM Bank and SMEDAN Sign Landmark MoU to Boost SME Export Growth in Nigeria

In a bold move to strengthen Nigeria’s small business ecosystem, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a groundbreaking Memorandum of Understanding (MoU) aimed at accelerating the growth and global competitiveness of Small and Medium Enterprises (SMEs) across the country.

A Strategic Partnership for Economic Transformation

This MoU formalizes a strategic alliance between NEXIM and SMEDAN, focusing on:

Export financing and access to global markets
Tailored financial products for SMEs
Capacity-building and training programs
Promotion of Made-in-Nigeria products internationally

The collaboration is expected to streamline trade facilitation and offer Nigerian SMEs the tools and support needed to thrive in international value chains.

Empowering SMEs for Global Competitiveness

Speaking at the signing ceremony, Abba Bello, Managing Director/CEO of NEXIM Bank, emphasized the significance of this partnership in preparing Nigerian SMEs to compete globally, particularly under the African Continental Free Trade Agreement (AfCFTA).

“This collaboration with SMEDAN is a critical step in our mission to empower Nigerian SMEs. By combining our financial instruments with SMEDAN’s development expertise, we are creating a robust support framework that enables small businesses to scale and succeed in export markets,” Bello said.

Removing Barriers and Unlocking Opportunities

On his part, Charles Odii, Director-General of SMEDAN, noted that the agreement will help eliminate major hurdles that have long hindered SMEs from tapping into international markets.

“Our goal is to ensure Nigerian SMEs have not just the skills but also the financial backing to grow. This MoU with NEXIM Bank paves the way for real participation in global trade,” Odii remarked.

He also outlined key focus areas of the collaboration:

Providing export-oriented financing solutions
Offering expert training and advisory services
Simplifying export processes for MSMEs

🇳🇬 Aligning with Nigeria’s Economic Diversification Agenda

This partnership supports the federal government’s broader vision of economic diversification and inclusive growth, particularly through public-private partnerships that empower micro, small, and medium-sized enterprises (MSMEs).

About the Agencies

NEXIM Bank, established under Act 38 of 1991, is Nigeria’s official Export Credit Agency, providing financing, risk management, and advisory services to support the development of non-oil exports.

SMEDAN, created by the SMIDA Act of 2003, is the federal government’s leading institution tasked with fostering the growth, sustainability, and global competitiveness of MSMEs across Nigeria.