Glovo, a leading multi-category technology company, has reaffirmed its confidence in Nigeria and will continue to support customers, partners, and riders, driving the local economy. The company commenced operations in Nigeria in 2021 and has since invested significantly in the market. This investment has enabled Glovo to establish a strong presence in the country, with a growing user base and an expanding network of partners.
Since its inception in Nigeria, Glovo has facilitated the delivery of more than 40 million items to customers. The platform has also generated substantial economic value for businesses operating on it, with the value more than doubling in the last year alone. This growth reflects the increasing importance of digital platforms in Nigeria's commerce ecosystem. As a result, Nigeria has become Glovo's fastest-growing market globally, across 21 countries.
Glovo's commitment to empowering local partners is evident in its Glovo Academy program, which provides in-person training sessions for small and medium-sized businesses. The company has delivered over 50 training sessions, driving clear post-training performance improvements for hundreds of businesses. This initiative is part of Glovo's efforts to support the growth of local businesses and promote digital commerce in Nigeria.
Earlier this year, Glovo hosted its 2nd annual Future of Commerce Summit, bringing together CEOs of leading brands and hundreds of local SMB restaurants. The summit provided a platform for shared learning and growth, highlighting the opportunities and challenges in Nigeria's digital commerce landscape. The event demonstrated Glovo's dedication to fostering a collaborative environment that promotes innovation and entrepreneurship.
According to Dima Rasnovsky, Director of Glovo in Africa, the company is driven by its confidence in Nigeria's long-term potential and the opportunities presented by its evolving digital economy. Rasnovsky emphasized that Glovo's long-term commitment to Nigeria includes strengthening the ecosystem around its operations, improving technology, supporting partners, and creating sustainable value.
Glovo's investment in Nigeria has also had a positive impact on the country's courier industry, with thousands of couriers connecting to the platform and generating meaningful earnings. The company takes pride in its role in supporting the livelihoods of these individuals and contributing to the growth of Nigeria's digital economy. As Glovo continues to expand its operations in Nigeria, it is likely to have a lasting impact on the country's commerce landscape.
With its strong commitment to Nigeria's digital commerce growth, Glovo is well-positioned to continue playing a significant role in shaping the country's e-commerce landscape. The company's investment in the market, coupled with its efforts to empower local partners and support the growth of small businesses, demonstrates its confidence in Nigeria's potential. As the digital economy continues to evolve, Glovo is likely to remain a key player in Nigeria's commerce ecosystem.
Key points
- Glovo has invested over N54 billion in Nigeria since commencing operations in 2021.
- The platform has facilitated the delivery of more than 40 million items to customers in Nigeria.
- Nigeria remains Glovo's fastest-growing market globally in 2026, across 21 countries.
