Alerzo Is Liquidating Its Fleet as Moniepoint Chases ₦4.4 Billion in Debt — And It's a Warning for Every B2B Startup in Africa

Alerzo Is Liquidating Its Fleet as Moniepoint Chases ₦4.4 Billion in Debt — And It’s a Warning for Every B2B Startup in Africa

The Ibadan-based B2B e-commerce platform that raised $20 million is now selling buses and motorcycles to pay back a ₦5 billion loan it took 13 months ago. With assets frozen, operations shut, and founders unreachable, Alerzo’s collapse is the clearest signal yet that Africa’s B2B commerce model is broken.