In an African continent where logistical efficiency and inventory management remain significant hurdles, this Nigerian startup seeks to offer a tailored technological solution.

RetailLoop, a Nigerian startup's e-commerce solution, offers an integrated platform for retail chains, incorporating artificial intelligence, data analytics, inventory management, and operations automation. Founded in 2022 by Emeka Ehinze with the goal of transforming retail network management in Africa, the startup operates from bases in Austin, Texas, and Lagos, Nigeria.

Specifically, RetailLoop enables retailers to monitor their stores' performance in real time, automate restocking processes, and optimize distribution based on local demand. The platform aims to enhance product availability while lowering operational expenses.

The solution is accessible via an online platform, requiring users to create an account to use its features, as it does not offer a mobile application. Its software-as-a-service (SaaS) model allows it to cater to both large retail chains and expanding regional operators. RetailLoop claims to potentially reduce losses from stockouts by up to 30% and improve profitability through data-driven insights.

Having gained traction with several retailers in Nigeria, RetailLoop is now seeking to expand its presence into other African markets. Amidst the rapid digital transformation occurring across Africa, the startup joins a growing number of African ventures leveraging technology to structure and professionalize the retail sector. By addressing the complexities of managing multiple store locations, RetailLoop positions itself as a significant contributor to logistics optimization on the continent.

By Adoni Conrad Quenum,

Editing by Feriol Bewa