NIGERIA COLD-CHAIN STARTUP SECURES $1 MILLION INVESTMENT TO BOOST LOGISTICS

A Nigerian cold-chain logistics startup has secured $1 million in fresh investment to expand its operations and strengthen temperature-controlled supply chains across the country.

The funding is expected to support the company’s efforts in improving the storage and transportation of perishable goods, including food and pharmaceutical products.

According to industry sources, the investment will be used to scale infrastructure, improve delivery efficiency, and reduce post-harvest losses that have long affected Nigeria’s agricultural sector.

Stakeholders say cold-chain logistics remain a critical gap in Nigeria’s supply chain system, particularly for farmers, healthcare providers, and food distributors.

The startup’s expansion is also expected to create new jobs and enhance access to reliable storage solutions in both urban and rural areas.

Investors reportedly see strong growth potential in Nigeria’s logistics and agritech sectors, driven by rising demand for efficient food distribution systems.

Analysts note that improved cold-chain systems could help reduce food waste, stabilize prices, and strengthen food security across the country.

The development highlights growing investor confidence in tech-enabled solutions addressing infrastructure challenges in emerging markets.