Cokodeal

From Wikipedia, the free encyclopedia
cokodeal LLC
Company typePublic
IndustryEcommerce
Founded2012
FounderMike Dola
HeadquartersNigeria
Area served
Africa
Websitehttps://www.cokodeal.com

Cokodeal is a marketplace e-commerce service that connects traders in Africa to the world. It is headquartered in Nigeria with reg no: 1165256.[1] The service helps connect African traders and customers.[2] With Cokodeal, individual users, organizations and businesses can create online stores to market African manufactured goods and services.[3] Its founders partnered with Neoteric,[4] a UK enterprise, to handle its development and support. Presently, its major trading is in Ghana, Nigeria, Tanzania, South Africa, and Kenya.[5] Cokodeal is an avenue for African traders to meet global customers and make deals.[6]

History[edit]

Cokodeal was founded in 2012 by Mike Dola[7] and launched in 2014. It used Nigeria as an entry point to Africa,[8] then expanded to other African countries.

cokodeal.com took part in the US$1 million SpeedUPAfrica bootcamp held in Accra, hosted by DraperDarkFlow, 500startups, Singularity University.[9]

Invention[edit]

Cokodeal created a pan-Africa commodity bank, as a platform that alleviates the challenges faced by people in Europe and other parts of the world in finding African traders[10] and African produced goods and services. It aims to find businesses, products, goods and location.[11]

Uniqueness[edit]

Cokodeal is designed to promote solely African local content,[12] i.e. African manufactured goods and services such as agricultural products, textile, crafts, art works, machines, and minerals. Cokodeal facilitates African traders meeting customers,[13] and connects African traders to Africa and global markets.[14] It aims to solve some social challenges[15] and enables SMEs and businesses to leverage on its platform to save cost and reach new markets.[16] It serves as a market linkage for African businesses to trade internationally and develop its local content.[17]

Nigeria business owners can market their made-in-Nigeria goods on cokodeal to access new markets.[18] However, the platform needs improvement in its layers and design layout.[19]

In recent economic times with the crash of oil derivatives in the global market, the diversification goal for African countries has become a core need. Cokodeal has supported government Ministries, Development and Agencies (MDAs) to get procurement by sourcing international buyers for local producers,[20] and also for international buyers.[21]

External links[edit]

References[edit]

  1. ^ "COKODEAL LIMITED". www.companiesintheuk.co.uk/. Companies In The UK.
  2. ^ "Cokodeal is an online marketplace that connects local traders in Africa to the world". TechPremier Media Ltd. July 5, 2016.
  3. ^ "Here is how Nigeria can support the growth of the Naira using e-commerce to promote made-in-Nigeria goods - Ventures Africa". VENTURES AFRICA. March 17, 2016.
  4. ^ Neoteric
  5. ^ "Full text of Mike Dola's speech at the unveiling of Cokodeal". Daily Post. February 23, 2015.
  6. ^ "INTERVIEWINTERVIEW: We are changing how Africans trade with cokodeal.com – Mike Dola". Daily Post. March 22, 2015.
  7. ^ "Nigeria's export market is big enough to sustain the economy".
  8. ^ "Cokodeal provides platform for made in Nigeria products". GuardianTV. March 14, 2016.
  9. ^ "Nigerian, Ghaninan startups dominate SpeedUAfrica cohort". [dead link]
  10. ^ "video: cokodeal provides platform for made in Nigeria". CNBC Africa. Archived from the original on 2016-04-08. Retrieved 2016-03-20.
  11. ^ "How Aba can truly be the China of Africa through technology". NewsExpress Nigeria. August 10, 2015.
  12. ^ "Online platform improves access to made-in-Nigeria goods".
  13. ^ "Cokodeal.com is gateway to Nigeria export markets - Femi Aguda".
  14. ^ "Boost made in Nigeria". Archived from the original on 2022-08-16. Retrieved 2015-04-23.
  15. ^ "cokodeal.com Africas Alibaba aims to absorb 10,000 unemployed Nigerian youths".
  16. ^ "Cokodeal Targets SMEs to Reduce Cost of Marketing, Staffing".
  17. ^ "Local Content Development: A bridge to unemployment and diversification".
  18. ^ "Market your Made in Nigeria products on cokodeal". Archived from the original on 2016-01-13. Retrieved 2016-01-14.
  19. ^ "Cokodeal - A Market Place For Made-in-Africa Goods". Archived from the original on 2016-07-07. Retrieved 2016-01-16.
  20. ^ "Made in Nigeria: Solving the Problem of Patronage".
  21. ^ "We connect local sellers with International buyers of Made in Nigeria Products".