Courteville Business Solutions: West Africa’s Biggest e-Business Solutions Company

Dr Adebola Akindele, Group Managing Director of Courteville Business Solutions in Nigeria, explains what are the company’s competitive advantages. Courteville is West Africa’s biggest e-business solutions company and the biggest company that renders data capture service in Sub-Saharan Africa.

“One major advantage that we have is that we are the biggest custodian of the largest database of records in Sub-Saharan Africa. Over the years, we have been approached several times by different institutions, money and mobile money banks, banking institutions, ATM operators, everybody comes to us because we have this database, a platform that comprises over 3,000 points across Nigeria. In Lagos we have over 1,000 points where cash is exchanged every day of the working week and that provides the opportunity to do a lot of things around FinTech and banking and cash exchange activities. That is what we decided to take advantage of. I call it backwards integration and that allows us to not only utilize this database, but also allows us to utilize those points. Each point, each center, each unit that processes the document on our behalf has a few resources that are going to be very expensive when you are the operator to want to start. There is equipment like laptops, internet, printer, telephone, and everything that allows you to do this kind of service. It is going to be something that will deliver on what you currently have already, that you have not optimized yet into bringing about extra services, particularly to the public and to the private sector. We already have learned how to find an easily identifiable clientele base that will come back immediately. There is also the online service and online model available where you can sit in your home and use our services. That involves having to relate payment gateways with all sorts of FinTech institutions and that is what we are chasing after now. We are going for the license that will allow us to do that without having to rely on any other institution”, says Dr Adebola Akindele.

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