The ongoing technological revolution has affected every economic sector, including the informal ones. Sabi is one of those solutions developed to solve some of the problems faced by those informal sectors. 

Sabi is a B2B platform developed by a Nigerian eponymous startup, founded in 2020. It allows informal traders to seamlessly conduct business transactions.

Its services are accessible via an Android and iOS app. Using the app, informal traders can create their accounts, connect with other registered merchants and easily conduct business and get products delivered if needed. 

The platform also allows informal traders to monitor their sales and get performance reports. It even allows access to loans to help traders recover from major problems. “Sabi ensures Merchants are allowed to grow and increase their revenue with services such as loans and access to the best product prices in the market,” its website explains.

It claims over 10,000 agents across Nigeria, with 200,000 merchants registered and over US$2 billion in sales. Play Store data show its Android app has been downloaded more than 10,000 times. The startup, which is also present in Kenya, wants to scale into other African countries in the coming years. For that purpose, in 2021, it raised US$6 million to support its growth.

Adoni Conrad Quenum