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In a statement, Flapmax said the programme had provided critical tools and resources to startups in key sectors such as fintech, logistics, and energy, allowing them to scale rapidly and extend their market reach.

Nigerian fintech companies like WallX and CoTrust Equity have benefited from the partnership, utilising AI-powered solutions to improve access to finance and streamline international transactions for small and medium-sized enterprises.

“Through FAST Accelerator, we are enabling startups to drive innovation in their industries, helping them solve local challenges while positioning them for global success,” Flapmax said.

WallX’s AI-driven platform allows SMEs to manage transactions and establish credit records, while CoTrust Equity offers a secure and scalable financing solution for SMEs, backed by Microsoft’s Azure technology.

In addition to fintech, the programme has also made strides in revolutionising Nigeria’s logistics industry. Trucki Technology, a startup supported by the programme, is transforming haulage operations through AI-powered route planning and telematics systems, according to Flapmax.

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