After its pre-launch in August, a new digital cooperative society called Cloud Cooperative has been officially launched in Lagos. Speaking during the launch that was witnessed by players in the industry, the founder of Cloud Cooperative, Oluwaseun Bamiro, said that the initiative to start Cloud Cooperative arose during COVID 19 pandemic, when one of his friends wanted to go to Ilorin with police escort to attend the meeting of a cooperative society. He recalled that after he had invested over $10,000 to purchase the app for Cloud Cooperative society in the United States (US), the die was cast for Cloud Cooperative to succeed”.

Source: The Guardian December 10, 2021 17:03 UTC