Stakeholders at the Digital Procurement Africa Summit 2026 in Lagos said organisations that want to scale digital procurement must first build stronger data flows across their channel and distribution networks.
They argued that better data would improve accuracy, sharpen decision-making and help enterprises expand more quickly in an increasingly competitive environment. The summit, which brought together senior executives and procurement leaders, focused on how large organisati...
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ons can use digital tools to modernise procurement, manage tail spend and reduce leakage in complex buying systems.
In his keynote address, Gloopro founder and chief executive Dr Olumide Olusanya urged large enterprises to speed up the move towards digital procurement, saying the shift is becoming more important in the digital era. He pointed to the company’s Procurement-as-a-Service model, which is designed to help organisations outsource parts of their procurement operations rather than building and maintaining large internal teams.
Olusanya said the approach could cut operating costs, reduce financial leakages and improve turnaround times, while also supporting profitability and growth. He described tail spend as one of the persistent challenges in enterprise procurement and said Gloopro’s platform was built to address it.
According to the summit organisers, the event was aimed at senior decision-makers and placed particular emphasis on procurement transformation, digital governance and cost-leakage audits. The gathering reflected a broader push across Africa for procurement systems that are more visible, more controlled and less dependent on manual processes.
Gloopro, which now positions itself as a managed service procurement provider for large enterprises, international oil companies and multinational corporations, says its platform integrates with existing workflows and ERP systems. The company was originally launched as an online supermarket in 2012 before shifting into enterprise eProcurement in 2019.
Its website says the model is intended to streamline indirect spend, improve oversight and help enterprises focus on core business priorities. The company also claims its system can reduce procurement errors, shorten fulfilment cycles and lower total cost of ownership, though those performance claims come from the company itself.
Source: Noah Wire Services
