Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
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What this piece strives to do is give a more detailed view into discussed start-ups; finding out why investors and entrepreneurs have decided to spend time, money and energy into developing such companies. We want to see where the opportunities lie, where the challenges lay wait and then make conclusions on the realistic potential for…
Size of addressable market Because of this vagueness in value proposition and a limited number of convincing reasons why this method for buying fruits should be adopted, I arbitrarily estimate that they can create a space worth 10 – 20% of the current fruit market. 10% of the fruit market is still an astounding $180M.…
The hunt for capital has always been one of the most difficult parts of getting a startup off the ground, but fresh platforms have given entrepreneurs around the world a number of new ways to make that happen. Nowadays, there are more options to get a new company funded, one of the most popular being…
Before you roll your eyes, a ‘market gap analysis’ is just a fancy term for sniffing out opportunities for business birth or growth in areas where market demand is greater than supply. One of the rules to creating a successful business is identifying a market gap begging to be filled and finding ways to meet that…
Everyone’s travel nightmare is definitely the thought of their car breaking down right in the middle of the road, or the expressway; you know, right after indefinite traffic. But as long as you have a phone, which – let’s face it – we all have, Autosave Roadside Assistance wants to help you make sure that you…
A joke that got repeated in my NYSC year went like this: Emma’s elder brother “Sam” went to Lagos for his service year and he knew Lagos was rough so he was prepared. After Orientation Camp, he came home and left some money for his parents from his first allowance. He also came home for…
Every year we see the launch of the next generation of successful startups. Unfortunately, 9 out of 10 startups will crash and burn, but my observation has been that those who do succeed do so for their own reasons and not because of some cliche laid out laws of success. But as much as I…
There’s a hot new startup in the limelight more often than not — but the hard truth is 90% of technology startups fail. Even companies which make it big out of the gate often lose momentum and shift from a potential powerhouse to a thing of the past. Failure sucks. And when it comes to…
This article is over 5 years old. When accelerator, 440.ng released the list of nine startups that they had selected to invest in, the Nigeria tech scene was in an ‘e-uproar’. The accelerator received a backlash in form of negative commentary, overriding opinion being that the 9 startups were not innovative, that they were copycat…
We at Techpoint love innovation, so what better way to prove that than by highlighting 10 young companies — in no particular order — we think have the potential to become household names before the end of next year. We sought startups in an assortment of fields, but all seem game to shake up the…