John Oamen digitalizes the construction sector in Nigeria

By : Melchior Koba

Date : mercredi, 23 novembre 2022 12:14

The real estate and construction expert has founded two companies, in Nigeria, to contribute to the development of the local construction sector. His ventures have earned him the trust of several investors.

John Oamen (photo) is a Nigerian entrepreneur and project manager. He is one of the co-founders and CEO of CutStruct Technology Ltd, a proptech startup that wants to unlock the “next one million homes in Africa by improving the construction business environment.”

His proptech startup uses technology to change “how stakeholders buy, hire for, and manage their projects.” It developed LiveVend, a construction procurement platform that allows buyers, real estate developers, and contractors, to hire qualified suppliers. LiveVend also offers other much-needed services such as transportation, in-transit cargo insurance, and trade credit.

"We connect construction vendors to buyers. All the complex work takes place in the background. The vendor vetting, sorting out the appropriate logistics, ensuring the goods are insured,  guaranteeing fulfillment and securing financing – these are the complex things we do in the background, while our users engage with a simple platform," Oamen explained in November 2022, while presenting LiveVend after a US$600,000 pre-seed round.

In 2010, John Oamen, an embodiment of the phrase "serial entrepreneur", founded Faultless Finish, a finishing, remodeling, and interior designing company. Since 2021, he is the executive director of PropTech Nigeria, a community of Proptech enthusiasts.

The real estate and construction expert entered the professional world, in 2005, as a sales executive for Auto Merchants, a construction materials dealer.  In 2007, he joined the African infrastructure development company Greenfield Assets Ltd. as Chief Real Estate Broker. He worked there until the creation of Faultless Finish.

Melchior Koba

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