Somali online entrepreneur employs 100 people in 3 months

McD30

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Efritin.com an online classifieds platform that provides a marketplace for buyers and sellers to exchange their items has employed over 100 Nigerians within its first 3 months of operation in the country. This was stated at the official launch of the company at a media conference held recently in Protea Hotel ikeja.

According to Mr. Babak Tighnavard, Chief Operating Officer Saltside Technologies, Saltside Technologies the parent company of Efritin.com was founded to build leading online marketplaces in underserved markets, creating sustainable value for the community. Saltside started in 2011 with just 4 employees but in 2015 they are now 500 employees in Bangladesh, Ghana, Sri Lanka and now in Nigeria with over 100 employees. Their success story in each market is hinged on doing things locally and employing quality staff.”

Mr. Zakaria Hersi informed that part of their success story of doing things locally in each market gave rise to the name ‘Efritin.com’ meaning ‘Everything’ in pidgin language. He further said that Efritin is focused on providing a safer platform for buyers and sellers to meet and exchange their items. Efritin focuses on used items because of the trading culture of Nigerians, the high volume of offline marketplaces and the large economy around unused goods.

According to Mr. Babak Tighnavard, Chief Operating Officer Saltside Technologies, Saltside Technologies the parent company of Efritin.com was founded to build leading online marketplaces in underserved markets, creating sustainable value for the community. Saltside started in 2011 with just 4 employees but in 2015 they are now 500 employees in Bangladesh, Ghana, Sri Lanka and now in Nigeria with over 100 employees. Their success story in each market is hinged on doing things locally and employing quality staff.”

He added that the team at Efritin places high value on offering a safer platform, which is why all sellers must be physically verified on their platform within 48hours of posting an advert before it goes live. The verification is a one-time process and the ads go live within 4 hours after verification.

http://www.informationng.com/2015/0...mploys-over-100-nigerian-within-3-months.html

 
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Mashallah good for the Somali brother.

The_patriot he hired Nigerians because they are local workers, you seriously didn't think he would outsource to Somalia did you :childplease:


I feel like there is a huge market for these type of business idea/startups back home in Somalia. We have one of the best telecommunication networks in Africa and a good portion of the general pop. uses smartphones for mobile banking. These type of apps would be a hit if done properly.
 

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