Find a Cofounder in Nigeria
Nigeria is home to over 16,682,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 191 from Nigeria and start your founder journey today!
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Entrepreneurship in Nigeria
Nigeria boasts a vibrant entrepreneurship environment that has witnessed significant growth in recent years. The country's startup ecosystem is marked by a surge in innovation, especially in sectors such as technology, agriculture, and renewable energy. Nigerian entrepreneurs are increasingly embracing disruptive technologies, creating innovative solutions to address local challenges. This innovation-driven entrepreneurship is supported by an expanding pool of talent and a growing market that is receptive to new ideas and products. Despite these positive developments, Nigerian entrepreneurs still face considerable challenges, particularly in terms of access to funding. While there has been improvement in seed funding and venture capital, many startups struggle to secure the necessary capital to scale their operations. However, efforts are being made to mitigate this through the establishment of more funding platforms and initiatives. Furthermore, the Nigerian government and private sector are collaborating to create an enabling environment for startups, including infrastructure development, policy formulation, and capacity building programs.
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Nigeria founders in numbers
The entrepreneurship environment in Nigeria is thriving with an estimated 16,682,000 entrepreneurs, with 191 of them being active users on CoffeeSpace. This location is a hotbed for innovation, particularly in the top three industries of AI, E-commerce, and FinTech. Key players in these sectors include eminent brands such as Self Employed, HNG Internship, and Upwork. The city's vibrant entrepreneurial culture is underpinned by its strong educational foundations. Many entrepreneurs in Nigeria are alumni of esteemed institutions such as University of Nigeria, Nsukka, University of Lagos, and Obafemi Awolowo University. These universities have played a significant role in fostering an environment conducive to entrepreneurship and innovation. Connect with this dynamic community on CoffeeSpace, and let's brew success together.
The median age of CoffeeSpace founders in Nigeria is 28, while the average is 28.53.
The portfolio in Nigeria is equally split, with 50% of CoffeeSpace founders being technical (Engineering, AI/ML) and 50% non-technical (Product, S/M, Financial, Operations).
A majority (56%) of CoffeeSpace founders in Nigeria, are exploring startup ideas, while 44% are committed to an idea.
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