A Nigerians proptech boom is being driven by a rise in mobile phone use. Rapid population growth, increased broadband speeds and cheaper smartphones have already boosted a range of domestic sectors, from gambling to retail. PropertyPro CEO Fikayo Ogundipe said his company's website now gets about 500,000 hits a month, compared with just 15,000 per month in 2013 before smartphones came to Nigeria. Of these, some 90% of traffic comes from mobiles, he added. Nigeria has the most web users in Africa, with about 107 million internet data users.
A Nigerian proptech boom is being driven by a rise in mobile phone use. Rapid population growth, increased broadband speeds and cheaper smartphones have already boosted a range of domestic sectors, from gambling to retail. PropertyPro CEO Fikayo Ogundipe said his company's website now gets about 500,000 hits a month, compared with just 15,000 per month in 2013 before smartphones came to Nigeria. Of these, some 90% of traffic comes from mobiles, he added. Nigeria has the most web users in Africa, with about 107 million internet data users.