Nigerian startup Bango launches price intelligence platform for food commodities

Nigerian startup Bango has launched a community-driven price intelligence platform aimed at bringing transparency to the country's food commodity markets. The platform allows consumers to check prices for various items at different markets before making purchases.

Initially, users submit details of their purchases, including prices paid, location, seller, and quantity. This data forms a public database, enabling anyone to ascertain the price range for a commodity in a specific market area.

Bango has expanded its operations by introducing Shopr by Bango, a commerce layer that facilitates direct purchasing of goods through the platform. The company sources products from a network of farmers and consolidates deliveries to reduce costs.

"Once people could see where things were cheaper, the obvious next question was how to actually get it at that price, so Shopr lets users buy commodities directly through us," Bango co-founder Caleb Adenegan told Disrupt Africa.

The idea for Bango originated from co-founders Adenegan and Ademuyiwa Taofeek after observing significant price discrepancies and a lack of transparency when purchasing tomatoes and peppers in Lagos. Realizing that logistics costs alone couldn't account for all price variations, they decided to create a solution to improve information flow, launching Bango in November 2025.

The company has experienced rapid growth, now boasting approximately 2,500 users. The Shopr service has already processed over 60 orders. Bango currently operates in Abuja but plans to expand to other cities and strengthen collaborations within the agricultural value chain.