Your SlideShare is downloading. ×
Startups 2.0: The Nigerian Story
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Startups 2.0: The Nigerian Story


Published on

An Overview of the Nigerian Startup Ecosystem

An Overview of the Nigerian Startup Ecosystem

  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. Viable Online Startups: The Nigerian Story
    Digital Sense Forum 2010
    Lagos – Nigeria
    April 16, 2010
    by Loy Okezie
  • 2. Overview
    The first dot-com registered company was Symbolics in 1985.
    The dot-com boom started in the 90’s and Amazon was launched by Jeff Bezos in 1995.
    Nigerian-born ChineduEcheruo founded in 2005.
    OnePage was launched by OsitaNwoyeand Joel Gascoigne in 2010.
  • 3. Futureview
    What will be the next big thing on the web?
    Will you be the next youngest internet entrepreneur?
    When will you launch your own internet company? 2015? 2020? 2030?
  • 4. ViableOnline Startups
  • 5. Mammaput
    A crowd-sourced directory of eateries in Nigeria that
    supports location-based mobile applications.
  • 6. Alarena
    A match-making site that lets you find a life partner or true
    love and allows you to reach millions of potential marriage
  • 7. Sturvs
    A social bookmarking site that allows you to share music,
    videos, articles, read news and also promote events and
  • 8. Kilonshele
    An e-commerce site that provides ticket sales, marketing and
    distribution services as well as connects the world to live
    entertainment events in Nigeria.
  • 9. Naijapals
    Arguably the largest social networking site with over 500,
    000 members.
  • 10. Truspot
    A social music platform designed to support Nigerian
    artists, fans, local music and the entertainment world at
  • 11. Taafoo
    A free subscription service that lets you stay hooked-up
    through your mobile phone with celebrities, personalities,
    groups, interesting people and businesses.
  • 12. Txtoweb
    A service that lets you send instant short messages in form of
    classified ads via SMS from your mobile phone to the web. 
  • 13. Tokunbo
    An online marketplace that allows you to buy, bid or sell
  • 14. Wooppee
    A powerful search engine focused on the Nigerian web market
    with a lot of features and search relevance that may leave
    Google feeling woozy.
  • 15. Startup Revolution?
  • 16. Challenges?
    Technology Community?
    Stiff Competition??
    Poor Infrastructure???
    Source of Power????
    Lack of Venture of Capital?????
  • 17. Web 2.0 Success Stories
  • 18. HopStop
    HopStop (founded in 2005 by ChineduEcherou) provides subway and bus directions for New York City (NYC) and other cites around the world.
  • 19. OnePage
    OnePagewas co-founded by OsitaNwoye in 2010 as a digital platform for creating, sharing and storing real-time business/contact cards.
  • 20. SocialCubix
    SocialCubix is a Facebook and Social Media application development company launched by Udoka Mark Uzoka in October 2007.
  • 21. Opportunities?
    Mobile Apps (Blackberry, Nokia, iPhone)
    Location-Based Services (Foursquare, The Grid)
    Social Search Engine (Aardvark)
    Crowdsourced Business Directory (Yelp)
    Mobile Payment (Mpesa)
  • 22. Venture Capital?
  • 23. Key VC Players
  • 24. Incubators?
  • 25. The Way Forward?
    Provide early stage investments as a community of smaller investors.
    Build technology incubators across several states.
    Integrate latest web-related courses and degree programmes in the University’s curricula.
    Set-up a Start-up University for techno-entrepreneurs
    Reverse the brain-drain. Join the Renaissance for technology innovations.
  • 26. Startups Nigeria
    Startups Nigeria is a youth-driven, online community for technology enthusiasts, internet start-ups, companies, entrepreneurs, investors and students, all pioneering innovations in Nigeria’s emerging start-up industry and Internet economy.
  • 27. Mission
    To e-ducate, e-mpower and e-ngage with the largestcommunity of people interested in business start-ups, entrepreneurship and innovations.
  • 28. Vision
    To build Nigeria’s emerging dot-com startup industry and contribute towards a knowledge-based and Internet economy in Nigeria by the year 2020 and beyond.
  • 29. Would you like to get in touch?
  • 30. Thank you!