Nigeria has some of Africa's richest people but they aren't backing tech startups
submitted almost 8 years ago by taya
submitted almost 8 years ago by taya
- Nigerian tech startup founders feel there is a lack of funding, despite Nigeria being a top destination for startup investment in Africa, with most funding coming from foreign investors.
- High net-worth individuals in Nigeria are hesitant to invest in local startups due to a lack of understanding, but efforts are being made to educate them and encourage their involvement as both investors and mentors.
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