Meet The Two Outstanding Nigerians Impacting Africa With Their Innovations

2 min

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There are several Nigerians who have made great contributions to the betterment of the country through innovations, even though the situation in the country could be very challenging.

The following are the Nigerians who have affected the country positively with their innovations.

Shola Akinlade:


He is one of the few Nigerians that have put the country on the map of emerging markets when it comes to Fintech. He co-founded paystack with a friend and this has grown to become popular with the populace of the country.

He grew up in Lagos and attended Babcock University for his degree education where he studied computer science. Shola worked briefly before deciding to put his talent to use.

His years of working with financial institutions helped him to develop Paystack, a platform that allows multi-channel payment options for merchants across the country. 


The American financial services company, Stripe, has just acquired Paystack in a multimillion dollars deal.

Mitchell Elegbe:


He is a Nigerian and an alumnus of the University of Benin. He studied electrical engineering in school and also did his one-year compulsory NYSC service just like other Nigerians.

He designed a system that made electronic payment possible in the country, an idea he came by when he was in Scotland.

He started Interswitch group four years after his NYSC, the company utilizes switching infrastructure to provide connections between the different banks in the country thereby providing technology for the ATM cards.


Interswitch owns Verve, Quickteller, Retailpay, and Smartgov. Mitchell Elegbe has contributed greatly to the ease of doing business in the country with his thoughtful innovation.

If Nigeria is to become a great nation that will become a giant among nations, more innovators are needed to come up with valuable innovations.

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