Why only 20 percent of Nigerian startups survive – BusinessDay (satire) (press release) (blog)

[ad_1] BusinessDay (satire) (press release) (blog) Why only 20 percent of Nigerian startups surviveBusinessDay (satire) (press release) (blog)Entrepreneurship growth is rapid in Nigeria, fueled by high unemployment figures, but only 20 percent of these startups survive. Unemployment rate climbed to a six-year high of 18.8 percent in the their quarter of 2018, according to the… Read more Why only 20 percent of Nigerian startups survive – BusinessDay (satire) (press release) (blog)

Nigerian startups keep failing without funds unlike Silicon Valley — Quartz

[ad_1] A young consumer internet founder blocked me recently. What’s your #1 piece of advice for startups in Nigeria? Without missing a beat it was simple. Just F*%king Survive. That’s it. Impossible for me to go deeper than that in my brief encounters. But whatever you are doing. Just f*%king survive. – Jason Njoku, founder… Read more Nigerian startups keep failing without funds unlike Silicon Valley — Quartz

Nigerian startups raise a lot of foreign cash, but how much impact do they have on the economy?

[ad_1] Nigerian entrepreneurs are known to be enthusiastic, hence the popular saying that if you can excel as an entrepreneur in Nigeria, you can excel anywhere else. However, the trait doesn’t come naturally. The hustle and bustle of the country sort of configure almost everyone to automatically be zealous hard workers. Andrew Akangbe could be… Read more Nigerian startups raise a lot of foreign cash, but how much impact do they have on the economy?

Nigeria: Innovation Driven Startups – allAfrica.com

[ad_1] By Ugo Aliogo In order to meet the demand for competent and professional software engineers, Aboluwarin David and Mofesola Banjo co-founded DevCrib. In this report, Ugo Aliogo, examines the technology startups “We have great talents in Nigeria and companies like ours are grooming these talents to global standard. We work closely with global and… Read more Nigeria: Innovation Driven Startups – allAfrica.com

4 Startups Driving The Wave Of Digital Currency In Nigeria

In recent months, investors in Bitcoin have had good reasons to be worried, especially given the recent downward drive of the digital currency. But some are of the opinion that Bitcoin’s boom is far from over. Having bounced back from previous swoons, Bitcoin may surge and become a widely-accepted form of digital gold. Despite the many…… Read more 4 Startups Driving The Wave Of Digital Currency In Nigeria

Why African startups are challenged, by Google chiefs

[ad_1] Luke Wroblewski. PHOTO: webaudit.pl For technology startups coming out of Nigeria, and Africa, the challenge of lack of product scalability, and poor mentorship may continue to pose serious limitations to their growth. These are aside others, including access to finances, connectivity, market size, and changing consumer needs. As identified by Google chiefs, on Wednesday,… Read more Why African startups are challenged, by Google chiefs

Agritech startups changing the face of agriculture in Nigeria

Over the years, Nigeria’s economy was solely dependent on agriculture. However, the huge revenue from crude oil production in the late 70’s and 80’s made agricultural productivity fall drastically. However, because of the crash in global oil price in recent times, Nigerians have began to turn back to agriculture. Because of this trend, we have… Read more Agritech startups changing the face of agriculture in Nigeria

Investment into African tech startups hit record high in 2017

[ad_1] Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million. The DISRUPT AFRICA TECH STARTUPS FUNDING REPORT 2017, released today, reveals a record amount of funding was secured over the course of 2017, by the highest number of startups to date.… Read more Investment into African tech startups hit record high in 2017