In the fast-moving world of Information and Communications Technology (ICT), Cloveebiz Limited has emerged as a powerhouse in Nigeria—building a global reputation through high-quality mobile apps, web platforms, and enterprise software. Valued at an estimated US$30 million, the company’s story is one of international roots, technical excellence, and bold ambition.
Origins: From China to Nigeria
Cloveebiz’s journey began in 2006 in China, under the name Clovee International, founded by Elvis Onyeneke, a Nigerian entrepreneur, and Ms. Wang Jung, a Chinese partner. Their partnership blended business vision with technical expertise, setting the stage for a company that bridges technology across continents.
As the business grew, Clovee International expanded into Nigeria and formally registered as Cloveebiz Limited, with headquarters in Abuja. This registration empowered the company to serve local clients, employ Nigerian developers, and navigate local ICT regulations while preserving its valuable international partnerships.
What They Do: Products and Reach
Cloveebiz Limited develops a range of digital solutions—mobile apps, web platforms, and custom software—for clients in Nigeria and worldwide. Some of its notable products include:
Nigeria Marketplace App – A nationwide platform where users buy, sell, and advertise goods and services.
Nigerian’s Library – A digital learning platform offering books, journals, and academic resources.
Moontech Real Estate – A property and housing platform simplifying real estate search and listings.
Glamour Jewelries – A fashion and retail app that connects customers to jewelry and accessories in Abuja.
Each product highlights Cloveebiz’s ability to blend local relevance with global software standards.
Strengths & Competitive Edge
Cross-Border Foundation
With roots in China and operations in Nigeria, Cloveebiz leverages exposure to multiple markets and global best practices to build world-class products.Diverse Portfolio
From education and property to e-commerce and marketplaces, its broad product range drives innovation and reduces dependence on a single sector.Local Insight
Being on the ground in Nigeria gives Cloveebiz a deep understanding of user behavior, connectivity realities, and regional regulations.Scalable Growth Model
The company’s software is designed for multi-regional deployment and localization, supporting its global expansion strategy.
Challenges & The Road Ahead
While Cloveebiz’s progress has been remarkable, the company must continue navigating key challenges:
Talent Development & Retention – Investing in software engineering and UX/UI skills to keep up with evolving tech trends.
Infrastructure Gaps – Managing Nigeria’s intermittent power and internet limitations.
Data Privacy & Regulation – Strengthening compliance with both local and international ICT standards.
Rising Competition – Staying ahead of new local tech entrants and international players expanding into Africa.
Impact & Valuation
At a valuation of approximately US$30 million, Cloveebiz Limited stands as a mid-sized ICT leader in West Africa. This achievement reflects:
Proven product performance and global software reach.
Diverse revenue streams from apps, software contracts, and services.
Strong investor confidence and intellectual capital.
Its assets—codebases, app frameworks, design systems, and skilled personnel—underscore a sustainable foundation for future growth.
Conclusion
Cloveebiz Limited is more than a Nigerian tech company—it’s a symbol of African innovation meeting global standards. With its cross-continental roots, multi-sector products, and commitment to excellence, it represents one of Nigeria’s brightest ICT success stories.
As long as it continues to innovate, invest in talent, and embrace digital transformation, Cloveebiz Limited will not only sustain its momentum but help define the future of Nigeria’s digital economy.
