Re:African Startups Are Increasingly Attractive to Investors
by OoTheNigerian on Wednesday August 09, 2017 @06:39AM
(#14967247)
Where in Nigeria are you? I'm currently in Abuja but I live in Lagos. Let me know if you need any pointers in getting around the startup scene.
My details are in my profile.
You don't see many chains/franchises here: takes capital to start and expand them, which people can't get access to. So most businesses are one-offs. There's a lot of space for innovation here; living in Kenya, I used to say you couldn't walk down the street without literally tripping over a market inefficiency. Just gotta get the investment to come in and get to the right people...
(There's a direct flight from Atlanta to Lagos these days if anyone is interested in checking it out, by the way.)