When Kassy Olisakwe began Auroraweb3, a Nigerian firm that builds decentralized options, web sites, and purposes for companies, in 2020, his annual income was ₦114 million ($74,000). However since adopting Synthetic Intelligence (AI) instruments like Claude, Cursor, ChatGPT, Juro, and Perplexity, that determine has greater than quadrupled to ₦481 million in six months and, by his projections, will possible double within the coming months.
“By leveraging AI, my company has considerably elevated its productiveness and output, enabling us to tackle much more tasks than earlier than, with out compromising on high quality,” he advised TechCabal.
Olisakwe stated his company has additionally diversified into new verticals, together with Web3 investments and the event of buying and selling bots. “What used to require complete groups can now be managed effectively by fewer people, permitting us to broaden our service choices, enhance supply occasions, and attain a broader consumer base.”
He defined that relying on the scope of the undertaking, it will usually require a crew of 4 to 6 contract-based builders from the 34 at present on employees. Nonetheless, since adopting AI, tasks can now be “effectively” managed with solely two or three builders, and typically even only one developer with minimal exterior enter.
Fadé Adeniyi, co-founder of Techlerator, a tech-focused boutique recruitment startup working within the UK and Nigeria, has additionally seen an increase in income since incorporating AI in its operations. “We have now expanded our attain and scaled our enterprise significantly, leading to a income improve of over 65% in simply 4 months,” she stated.
Utilizing Llama, a language mannequin, has enabled them to transition from coaching lots of of scholars in particular person lessons to reaching over a thousand college students concurrently.
“This scalability has not solely accelerated our coaching processes however has additionally considerably elevated our income in comparison with our earlier instructor-led mannequin,” Adeniyi stated.
AI helps companies lower operation prices
AI has transitioned from a futuristic idea to a tangible profit-generating software that corporations are leveraging to develop income, optimize prices, and elevate productiveness amid excessive inflationary pressures.
The discharge of OpenAI’s ChatGPT in November 2022 was a serious turning level within the widespread adoption of AI throughout industries. In keeping with Brad Lightcap, OpenAI’s Chief Working Officer, ChatGPT had 400 million weekly customers as at February 2025 from a million in November 2022.
Other than ChatGPT, different variations of AI chatbots and fashions from Google, Anthropic, Meta, and Baidu have additionally been launched. These international corporations have been competing for dominance within the generative AI house with every striving to launch a superior product, resulting in frequent updates that improve person interplay and automating duties.
“AI has boosted our content material manufacturing velocity and quantity, and enhanced our search engine optimisation efforts, producing further income streams,” Ogugua Belonwu, CEO of Lagos-based recruitment company MyJobMag Restricted, stated.
Earlier than utilizing ChatGPT for his firm’s content material manufacturing in 2024, Belonwu had been paying content material writers roughly ₦6 million ($3,904) per 12 months. “Other than producing content material outlines, guides and streamlining content material creation, AI additionally performs a task within the firm’s search engine optimisation technique because it leverages instruments to determine goal areas and optimize content material,” he added.
For Temi Babaola, CEO of Spitch, a Nigerian firm that develops superior text-to-speech and speech-to-text AI fashions, utilizing AI has saved them as much as 10% of his price range price. “We’re not simply customers of AI, however builders as effectively. Our builders make the most of AI to construct functionalities and streamline their workflow,” he stated.
In keeping with Babaola, AI is built-in into each stage of product improvement, from ideation and highway mapping to writing product requirement paperwork and activity assignments. “Most of the instruments we’ve adopted are AI-based, and their use is woven into our workflows.”
As extra companies throughout industries undertake AI, the influence on GDP progress, job creation and productiveness will change into more and more evident in lots of economies together with Nigeria.
A current report by Google tasks AI would improve Nigeria’s financial system by $15 billion in 2030. The report estimates that each greenback invested in digital expertise within the nation generates over eight {dollars} in financial worth, illustrating the excessive return on funding within the sector.
One other report from GSM Affiliation (GSMA), a non-profit commerce affiliation, sees AI including $2.9 trillion to Africa’s GDP. The report added that Nigeria, a pacesetter in African tech, has the potential to tremendously profit from AI options, particularly within the power, local weather motion, and agric sectors. AI-powered precision agriculture is already bettering crop administration whereas startups like ThriveAgric now make use of AI in assessing the creditworthiness of farmers for enter financing. Hiya Tractor, one other agtech startup, makes use of AI to attach tractor house owners and smallholder farmers by an tools sharing app.
May AI displace jobs, dampen creativity?
With AI’s capability to automate repetitive duties and the growing variety of corporations adopting lean administration constructions, there are rising issues that sure job roles will possible be totally automated by 2030.
World Financial Discussion board (WEF) in January stated 41% of employers intend to downsize their workforce whereas Bloomberg Intelligence projected that international banks are anticipated to chop as many as 200,000 jobs within the subsequent three to 5 years.
“AI hasn’t changed our crew, it has amplified them,” Olisakwe of Auroraweb3 stated. “Our top-tier professionals now oversee a number of tasks concurrently, appearing as strategic leads for mid-level and junior builders.”
He acknowledged that by hiring the very best expertise of their respective fields, he can keep away from layoffs, resulting in a extra streamlined, agile, and high-performing group. ‘This strategy fosters sustainable progress whereas upholding technical proficiency.”
MyJobMag is cautious about integrating AI to keep away from employees cuts and preserve good relationships with its shoppers. “Employers is not going to prefer it if we use it an excessive amount of,” Belonwu, the corporate’s CEO stated.
Mathew Munyao, founding father of Consideration Media, a Kenyan-based AI automation and advertising company stated as a creator, AI has sharpened his creativity. “I leverage instruments like GRok 3 and ChatGPT for in-depth analysis and DeepThink for net exploration, enabling me to assemble info rapidly and effectively. Moreover, AI’s inventive capabilities permit me to generate and animate photographs, compose music, and design web sites in a fraction of the time it will take manually,” he famous.
Because the launch of ChatGPT, funding flows into AI have elevated practically eightfold, in keeping with the 2025 way forward for jobs report by WEF. The inflow of capital has been accompanied by funding within the bodily infrastructure wanted to help these rising applied sciences, together with servers and power technology vegetation.
The worldwide group predicts that the quickest rising jobs within the subsequent 5 years will likely be within the tech sector, regardless of employers being cautious about job cuts. These roles embody large information specialists, information analysts and scientists, environmental engineers, info safety analysts, devops engineers, renewable power engineers, fintech engineers, and AI and machine studying specialists.
Staying related within the age of AI
A 2024 Ipsos and Google survey revealed that 70% of Nigerians use generative AI instruments like Gemini and ChatGPT for writing, brainstorming help, problem-solving, finding out intensive paperwork, and comprehending intricate info. The 70% exceeded the worldwide common of 48%.
This reveals that job roles inside accounting, bookkeeping, payroll, graphic design, authorized secretary, customer support, information entry, fundamental content material writing, manufacturing and logistics are being changed by AI.
To remain related, some HR specialists and consultants suggest staff, particularly millennials and Gene Zs, to see AI as an ally slightly than a competitor.
Jennifer Oyelade, director of Transquisite Consulting, a UK and Nigerian registered recruitment and coaching consultancy, stated irrespective of 1’s trade, it’s essential to determine and be taught AI instruments that may improve one’s ability set.
“As an example, in case you’re in finance, discover the AI instruments generally utilized in that sector by familiarizing your self with these software program and programs, and mix that data with your individual experience,” she stated.
Oyelade defined that by leveraging these AI instruments successfully, an individual can increase his or her productiveness and acquire a aggressive edge—which is important for fulfillment in at the moment’s quickly evolving panorama.
For Olamide Adeyeye, a Lagos-based human improvement researcher, speciality will likely be a serious sport changer within the close to future. “There’s going to be an enormous name for specialization in core areas which is able to differ throughout sectors and industries.”
He added that the longer term belongs to those that have perfected a specific ability, even when they know little about different issues, to not those that can do many issues however haven’t mastered any.
As AI-powered chatbots and fashions change into more and more specialised, corporations that undertake this expertise will acquire a major aggressive benefit. Those that fail to leverage AI could fall behind, probably lacking out on future alternatives.