When fintech came, it transformed financial services. Interestingly, many industries are yet to be affected by that redesign, even as we understand that those transformations are fundamental and necessary, to improve efficiency in the market system. Tekedia Capital has deep experience in the construction space with Cinderbuild (a clear leader in Nigeria, moving tons of building materials for clients), HXAfrica (a soon coming SEC-licensed exchange for property), etc.
Now, we are happy to welcome Merlin AI (merlinai.co) to provide an operating system to operationalize how to build and construct: “We offer construction companies a single, AI-powered platform to streamline their entire business operations. From sales, estimating, project management, and materials management to finance, estimating, and CRM, our platform unifies these essential functions—traditionally spread across multiple systems—into one cohesive solution.”
Fixing the friction of disparate platforms for small and medium scale construction companies is a big call. I have a little experience. As a secondary school kid growing up in the village, I “coordinated” many home constructions for kinsmen: the kinsman comes home, gives you the money, you go and buy cement, sand, etc. Then, early in the morning, you commission the workers for the day, go to school, return back, take inventory of work, pay them, reconcile the books and plan for the next day, making sure you have enough work for the workers. I did that for many homes constructed, and the reward was always a big loaf of bread whenever the kinsman makes it home!
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Looking at the construction framework at a higher level, productivity could be improved if technology can help in the planning, sequencing, buying and more. What Merlin AI offers will help construction firms, factories and ecosystem players, to build faster, and within budget! Join me to welcome Merlin AI to Tekedia Capital (capital.tekedia.com).
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