Osogbo, Osun, Nigeria
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Osogbo, Osun, Nigeria - Startup Scene

Osogbo is a city located in the southwestern part of nigeria specifically in the state of osun the city has a population of over 15 million people and is known for its rich cultural heritage the entrepreneurial spirit in osogbo dates back to the precolonial era when the city was a major center for trade and commerce today the city is home to a growing startup scene that is slowly gaining traction the geography of osogbo is characterized by a tropical climate with a rainy season that lasts from april to october the city is surrounded by lush vegetation and is home to several natural landmarks such as the osunosogbo sacred grove a unesco world heritage site the technological innovations in osogbo are still in their infancy but there are a few notable startups that are making waves in the city one such startup is farmcrowdy an agritech platform that connects farmers with investors another is paystack a fintech company that provides payment solutions for businesses there are several companies founded in osogbo including the aforementioned farmcrowdy and paystack however there are no major companies headquartered in the city osogbo is known for its rich cultural heritage particularly its annual osunosogbo festival which attracts thousands of tourists from around the world the city is also home to several universities including osun state university and bowen university the living wage in osogbo is around 18000 naira per month approximately 47 usd and the unemployment rate is around 20 the city level gdp is around 25 billion usd the rate of new companies starting and ending in osogbo is relatively low but the startup scene is slowly gaining momentum the citys entrepreneurial spirit coupled with its rich cultural heritage and growing population make it a promising location for startups overall the startup scene in osogbo is still in its early stages but there is potential for growth with the right support and investment the city could become a major hub for innovation and entrepreneurship in nigeria

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