ǼLEX Advises Glovo as it Expands its Operations to Nigeria

AELEX is excited to be advising Glovo as it launches its operations In Nigeria.

Glovo, a Spanish Unicorn, is a multi-category on-demand delivery app, and its launch in Nigeria is part of its continued market expansion strategy and investment in Africa. This follows the company’s recent close of its Series F funding round where it raised €450M.

Currently present in 23 countries across the world, Nigeria becomes the largest market of its operations by population size. The move into the country also marks the company’s presence in its third market across West Africa and the sixth African country where it will operate from.

The AELEX team that advised Glovo on its expansion was led by Davidson Oturu, Frances Obiago LLM, ACIS, ACIArb Florence Bola-Balogun, Opeyemi Araromi, Ilamosi Ekenimoh and Ifeoluwa Ebiseni.