#StartupSouth, a Startup/Entrepreneurship ecosystem development and advocacy organization on a mission to educate, connect and attract investment to Startups in the South-South and South-East of Nigeria, is planning an early stage startup-investors event in Lekki, Lagos.
Tagged ‘Investors’ Mixer’, #StartupSouth is partnering with TechQuest STEM Academy, a nonprofit organization that provides education technology content, resources and tools for the delivery of STEM (Science, Technology, Engineering & Mathematics), ICT and Digital literacy programs to young Africans at scale.
This Networking Session for early stage startup investors & founders will hold on as follows:
Date: Monday, 12 June
Time: 4 PM (WAT)
Venue: TechQuest Hub -Crestsage’s Place (Map view, #3 Dr Ahmid Balogun Street, Recreation Square, Lekki, Lagos.
According to Disrupt Africa, Africa’s “big four” startup ecosystems – Nigeria, Egypt, South Africa and Kenya – raked in a combined US$1,977,910,000 over the course of the year, 92.1 per cent of the overall total in 2021.
In all, 161 Nigerian startups raised a huge combined total of US$903,680,000. That total funding figure is up 501 per cent on the previous year, when Nigeria ranked second on the continent with its combined total of US$150,358,000.
This year, no other country came close to Nigeria, and it contributes a whopping 42.1 per cent of total funding secured in Africa.
Therefore, startup founders and entrepreneurs across Africa are attracting huge funds from investors but they have to worry about informality and fragmentation limiting the availability and affordability of products and services.
This report shows that it could also be an opportunity for both players to strategize and adopt a new business model to take advantage of the opportunity.
Thus, the ‘Investors’ Mixer’ session is open for professionals who are interested in learning about opportunities in the African Innovation Ecosystem.
“There will be presentations on Angel Investing, Venture Capital, Startup Founding and Syndication”, Uche Aniche, the lead convener, said.
The session powered by #StartupSouth, TechQuest, SSEAN & Rebel Seed Capital, is strictly by Invitation.