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GIZ/DTC Nigeria’s TechMyBiz accelerator powers local startups to scale

In a bold push to accelerate homegrown innovation, the German and EU co-funded Digital Transformation Center Nigeria has completed the TechMyBiz Accelerator Programme, an innovative initiative that has supported 31 Nigerian startups across fintech, agritech, cleantech, retailtech, and mobility sectors.

Designed to empower indigenous founders with the tools, mentorship, and access required to scale sustainably, TechMyBiz has proven to be a game-changer in Nigeria’s innovation ecosystem.

The programme combines technical support with investor readiness acceleration, global partnerships, and market access facilitation. As a result, participating startups have raised over $6.6 million in funding, launched more than 15 products, and created 500+ jobs nationwide.

Notable successes include Adashi, a fintech startup that raised $45 million in total funding and now serves over 12,000 savers, and Retailloop Technologies, whose AI-driven retail solution achieved 100x revenue growth and expanded internationally. XchangeBox, another standout innovator, grew its user base to 10,000+ within six months and secured $400,000 in financing.

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Beyond funding, TechMyBiz catalysed vital partnerships. Blualpha now works with the National Cashew Association of Nigeria (NCAN) to digitise agricultural supply chains, while Creamson received a $10 million grant from the Development Bank of Nigeria to scale its recycling efforts in underserved communities.

TechMyBiz also offers tailored post-acceleration support and has helped startups like Greenera and Zayn gain international exposure through platforms such as Slush Finland and GITEX Berlin.

This initiative further reaffirms GIZ/DTC Nigeria’s commitment to fostering sustainable digital innovation and economic opportunity across Nigeria.

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