Sim Shagaya

Venture Capital is an important type of funding that ensures that early-stage startup companies get the capital required to grow their business. In this Fast Facts Series, our Technology, Innovation and Fintech team explores the process of setting up a venture capital fund in Nigeria. Share this with anyone interested in starting a fund. _______________________________ #VentureCapital #StartupFunding #NigerianInvestment #TechInnovation #FintechGrowth #VentureFunding #VentureFunds #VentureCapitalFirm

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Silicon Valley may be rich, fancy, and filled with well-funded, well-networked entrepreneurs. But today, every smartphone is a potential startup incubator. Next-gen African entrepreneurs are proving their talent and creativity – 406 startups raised a total of ~$2.4 billion last year, with Nigeria leading West Africa. But we also saw activity across 22 other ecosystems. What do we need going forward? Developing skills and increasing digital tools and technologies for Africa’s rich talent pool. The world's next big idea won't be sparked in a boardroom. It'll come from a young entrepreneur with the right digital skills, a smartphone, and a dream. And that dream is happening in Africa. Wait and watch… https://lnkd.in/dwr4EBDt #Africanentrepreneurs #digitalskills #digitaleconomy #ITeducation #IPMC

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Nigerian mobility fintech startup Moove achieved a major milestone by raising $100 million in Series B funding. This brings their total capital to over $460 million and values the company at $750 million. Moove empowers mobility entrepreneurs by providing them with access to vehicle ownership. Their innovative technology has enabled over 20,000 customers to complete 30 million trips across nine markets. Moove's success wouldn't be possible without the crucial support they received from ecosystem builders, especially in the early stages. These unsung heroes, such as venture capitalists, angel investors, accelerators, and incubators, work tirelessly behind the scenes to nurture and support promising startups like Moove. They play a vital role in the growth of Africa's startup ecosystem. One such ecosystem builder is Iyinoluwa Aboyeji, the founder of Future Africa, an Africa-focused fund that provided seed stage funding to Moove. Iyin Aboyeji, also a founder at Andela and Flutterwave, recognized Moove's potential early on and played a significant role in their growth. To read more on Moove's accomplishment, click on the following link: https://lnkd.in/dfQKYbVD The Africa Startup Ecosystem Builders Summit & Awards(ASEB) recognize these crucial figures. Do you know an ecosystem builder making a difference? Nominate them for the 2024 ASEB Awards! The awards celebrate outstanding contributions in various categories, including Angel Investor of the Year and Mentor of the Year. Let's congratulate Moove on their achievement and acknowledge the ecosystem builders who believed in them from the beginning. Together, they are driving the growth and success of Africa's startup ecosystem. Visit our website to submit your nominations today https://lnkd.in/dbi2KDhD #Moove #SeriesB #AfricanStartups #EcosystemBuilders #FutureAfrica #IyinAboyeji #ASEB2024

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KENYA EDTECH SUMMIT 2024 RECAP!! It was all smiles at this year's Kenya EdTech Summit, where I represented Esoma Solutions together with my colleagues Esborn Kariuki and Kelvin Munyambu. We engaged participants and immersed them in an experience of our FLN solutions during a live demo session, getting very encouraging feedback from the gathering. The summit was organized by the EdTech East Africa in partnership with other organizations like the Mastercard Foundation. The heart of the conversation was building with evidence to ensure improved learning outcomes. Stakeholders from various sectors in the education space made their contributions and voice heard. A few points to take home. 👉 Ciku Mbugua of the EdTech Hub (this organization always rings a bell of excitement in me) explained the work the organization is doing around EdTech evidence, and how that plays into ensuring solutions are practical. 👉 Jennifer Cotter Otieno elucidated the work being done by her organization in the country to get information from every corner and stakeholder to make EdTech more effective. 👉 Every player in the space is ready to make education better using technology, and it's just a matter of harmonizing our thoughts and actions for the benefit of every learner. This was not just a convention of minds in EdTech, but a moment of reflection on the last and shaping the future of the nation through quality education. #KenyaEdTechSummit2024 #EdTech #Education #EsomaKids

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With many more Nigerian's across the world, how would you get your business and product in their faces and ears? Is your business, product or service convincing (or relevant) enough for them to pay?  And then you have the rest of Africa to consider. At Digiola Studio we specialized in creating timeless and immersive visuals that will enhance the growth of your business, product or service across borders. Thanks to Yannick Deza for reposting Axel Peyriere post; the data behind this heat map would be intriguing to see. #africa #data #business #advertising #nigeria #marketing #productmanagement 

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Africa is at the forefront of educational innovation, blending tradition with cutting-edge technology to transform learning across the continent. From mobile learning apps to solar-powered schools, African educators and innovators are reimagining how we teach and learn in diverse and challenging environments. 📌 EdTech platforms are expanding access to education, enabling millions of students in remote areas to connect to the world’s best learning resources. Initiatives like online tutoring, virtual classrooms, and AI-powered tools are personalizing education like never before. 📌 STEM initiatives and local entrepreneurial hubs are inspiring the next generation of African innovators, equipping students with skills for the jobs of tomorrow. With a focus on inclusive education, we're seeing more girls and marginalized communities being brought into the fold, paving the way for greater equality and opportunity. As Africa's population grows, so does the potential to reshape the future of global education. The journey ahead is full of promise, and the world is watching! 🚀 #EdTech #InnovationInEducation #STEMEducation #FutureOfLearning #InclusiveEducation Have you registered for the 24th October #edtechproductcafe'? Don't miss this insightful conversation with Ghana's EdTech entrepreneur and mentor, Cecil Senna Nutakor! Register here: https://lnkd.in/dVu6kCAz

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What Tech Startups Need to Gain Traction 🚀 In Nigeria's tech landscape, startups are emerging rapidly, but gaining traction is challenging. To stand out and succeed, here's what every Nigerian tech startup needs: 1. Robust Market Research: Understand your target audience and their pain points. Deep insights can guide product development and marketing strategies, ensuring you're meeting real needs. 2. Innovative Solutions: Offer unique, high-impact solutions. Innovation attracts users and investors eager to fund the next big thing. 3. Strong Online Presence: A compelling digital footprint, from an engaging website to active social media channels, builds credibility and attracts users. SEO optimization ensures you're visible where it matters most. 4. Strategic Partnerships: Collaborate with established companies, government bodies, and other startups. Partnerships can open doors to new markets, provide resources, and offer invaluable mentorship. 5. Access to Funding: Seek diverse funding sources, from venture capital to government grants. Craft a persuasive pitch that highlights your startup’s potential and impact. 6. Skilled Talent Pool: Build a team with the right mix of skills and passion. Invest in training and development to keep your team ahead of industry trends. 7. Effective Marketing: Use digital marketing, influencer partnerships, and PR campaigns to get your product noticed. Storytelling that resonates with your audience can turn curiosity into loyalty. By focusing on these key areas, Nigerian tech startups can gain traction and pave the way for sustainable growth and success. Ready to take your startup to the next level? Let’s make it happen! 💡🌍 #NigerianTech #Startups #Innovation #BusinessGrowth #DigitalMarketing #Entrepreneurship #TechInAfrica

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The logistics industry in Nigeria will be worth over $20 billion in 2029 and many startups are locked in. Meet Moses Enenwali of Topship (YC W22) a leading logistics startup facilitating movement even beyond Africa. Get inspired with #FoundersPlaybook where you learn about founders across the continent.

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Ever wondered what sets successful startups apart? 🚀 It's not just about having a groundbreaking idea. It's the execution, grit, and adaptability that truly differentiate the game-changers from the rest. In Africa, we're witnessing an incredible surge of innovation addressing unique challenges with creative solutions. Startups here are not only thriving but redefining possibilities. As we continue to build and accelerate these ventures, let's focus on resilient execution and a growth mindset. What steps can we take today to ensure our startups are equipped for success tomorrow? Let's share insights and collaborate towards building a stronger ecosystem!

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“Frustration and curiosity fuel innovation” - Tony Fadell I wrote a series of articles on driving a culture of curiosity within organizations using a concept called “the WHY bucket“. It was targeted at product teams and business owners as a way to stimulate innovation through curiosity that helps to keep the focus on what’s important and uncover relevant insights. Want to learn more? Read the article series here - https://lnkd.in/dP-N_yUB

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Read “A Journey of Doubts: Navigating Marriage and Entrepreneurship Through Challenges“ by Agbo Okwudili Paul on Medium: https://lnkd.in/dFswf7uk

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My interview with The Guardian! We discussed how we've navigated the Nigerian business landscape to achieve success. Learn all about our journey: https://lnkd.in/dp5fUX3u  #TheGuardian #Nigeria #Business #Entrepreneurship

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"Only 4 days to go! Join STEP at the Ekiti Innovation Summit 2.0 and unlock new opportunities to innovate, connect, and grow! Dive into hands-on creativity and explore how innovation spaces can drive real impact for startups and talents. 🗓 November 3rd - 6th 📍 Obafemi Awolowo Civic Centre, Ado Ekiti Don’t miss out—register now! bit.ly/STEPECommunityEvent #EkitiInnovationSummit #STEP #CommunityEvent #UnleashCreativity "

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Are high costs stopping you from owning your vehicle and earning more? With RoadRunner’s low-interest mobility financing, we’re making vehicle ownership a reality for drivers and logistics operators in Nigeria!    Here’s how we help you get on the road faster:   1. Low-Interest Financing: We partner with trusted institutions to provide affordable financing solutions that put you in the driver’s seat—literally!   2. Flexible Payment Plans: We offer payment plans designed to fit your budget, so you can focus on earning and eventually owning your vehicle.   3. Start Earning Immediately: Whether you’re driving passengers or delivering parcels, we connect you with opportunities to start earning from day one.     4. At RoadRunner, it’s not just about driving—it’s about building your future with the right financial support. Ready to take the wheel? Tap the link in bio to learn more about how you can own your vehicle and drive your way to financial independence!   #vehiclefinancing #ownyourvehicle #mobilitsSolutions #driverempowerment #RoadRunnerAfrica #driveyourfuture #smartfinancing #techinmobility #financialfreedom #revenuebasedfinancing 

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We’re proud to announce that The Startup Handbook will officially launch at Innov8 Zaria! This book isn’t just a guide; it’s a resource designed to empower students in secondary schools and tertiary institutions to understand and navigate the journey of starting a startup in Nigeria. At Startup Zaria, we believe education is the foundation of innovation, and we see the potential in young minds to drive change, solve real problems, and create businesses that make an impact. The Startup Handbook is packed with practical knowledge, insights from experts, and real-world examples tailored to the Nigerian context. Whether you’re curious about how to find a great business idea, build a brand, or tackle challenges unique to our environment, this book is for you. This book aim to equip the next generation of entrepreneurs with the tools they need to succeed. It’s not just about starting businesses—it’s about creating solutions that transform lives and communities. We can’t wait to share this with you. For more details about the event, visit https://lnkd.in/dmqNrziS

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Can AI transform education? Join me on Lagos Talks 91.3 FM at 10am for a conversation about AI in Education. Tune in and share your thoughts! #AIED #EducationRevolution #EducationDiscussion #FutureofWork #LearningTech

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🌟 Greatness is a choice. The only difference between genius and crazy is time. 🕰️ Honored to have heard these profound insights from Vusi Thembekwayo at the ZANACO Leads event.In the history of humanity, the GDP of the world never grew from the 1st to the 18th century. Yet, there has never been a greater time to be alive than now. 🌍 Embrace the opportunities of today! Scaling is not just about growth; it's a defense. 🚀 Here's a methodology tailored for startups, not small businesses: 1. Synthesis Operations 2. Identify Growth Drivers (Every business has three!) 3. Build for Insights (Manage for outcomes, not tasks) 4. Align Incentives Strategy is key. Define it, scrutinize your business model, and focus on: 1. Client Segments 2. Value Proposition 3. Distribution Channels 4. Customer Relationships 5. Revenue Streams 6. Client-Facing Processes 7. Cost Structure Remember, culture is crucial. Foster sharing, collaboration, and trust. As the saying goes, "Your power of one" can make a significant difference. And in Africa, where challenges are vast, we cannot afford to think small. 🌍 Think big, scale up, and create meaningful impact! #Scaling #Strategy #AfricaRising #BusinessGrowth

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🚀 Welcome to October... Ready to Launch your Business? EnLabs Startup Hub presents the Startup Clinic Cohort – your gateway to turning business ideas into reality! This two-month cohort offers hands-on mentorship, market insights, and practical support to help aspiring founders and startups gain traction in Nigeria’s competitive marketplace. Fee: N30,000 Duration: 8 Weeks ( Weekly ) Mode: Virtual 25 spots available... Don't miss out! 💡 What you’ll learn: ✓ Turning your idea into a market-ready product ✓ Developing Business Structure. ✓ Building an investable Business. ✓ Crafting a compelling Pitch Deck. ✓ Managing finances and securing funding. ✓ Marketing and scaling strategies. Bonus 1. Discount offerings for Website Design and CAC Registration. 2. Free Profiling on Enlabs page for visibility. How to Register: 1. Full Name 2. Location 3. Startup Name 4. Business Idea 5. Industry 6. Stage of Business Development 7. Business Registration Status 8. Motivation for enrollment Send 1-7 via WhatsApp: +2348036783449 to secure your spot today! Deadline: 10th October 2024 #StartupClinic #BusinessGrowth #Entrepreneurs #NigeriaBusiness #Mentorship #Funding #Marketing #RegisterNow #EnLabsCohort

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How Generative AI is Revolutionizing Audience Targeting in Ghana Generative AI is transforming how we target audiences, particularly in Ghana's evolving digital landscape. Understanding its impact and applications can provide valuable insights for businesses looking to enhance their marketing strategies. Here’s an overview of generative AI and how it's making a difference in audience targeting. What is Generative AI? Generative AI refers to algorithms, particularly those in machine learning, capable of creating new content. Unlike traditional AI, which classifies or predicts based on existing data, generative AI produces text, images, music, and more by learning patterns from vast datasets and generating new data that follows these patterns. Impact on Audience Targeting 1. Enhanced Personalization Generative AI enables hyper-personalized content by analyzing data from social media, browsing history, and purchasing patterns. This leads to advertisements that resonate more with specific audiences, which is crucial in a mobile-first market like Ghana. For instance, tailored ads based on user behavior can significantly improve engagement and conversion rates. 2. Improved Customer Insights By uncovering hidden patterns in customer data, generative AI helps businesses better understand their audience. This leads to more precise targeting and the creation of relevant content tailored to different market segments. In Ghana, businesses can leverage these insights to address specific needs and preferences of their customers more effectively. 3. Automated Content Creation Generative AI tools can automatically create content such as blog posts, social media updates, and product descriptions. This automation is especially beneficial for small and medium-sized enterprises (SMEs) in Ghana, allowing them to maintain a consistent online presence without extensive marketing resources. Consistent, high-quality content can keep audiences engaged and drive more traffic to business platforms. 4. Dynamic Ad Campaigns Generative AI facilitates real-time adjustments to ad campaigns based on user interactions. This adaptability ensures that marketing efforts remain relevant and impactful, maximizing engagement. For example, if an ad performs exceptionally well with a specific demographic in Accra, AI can allocate more resources to that ad and tweak its elements for even better performance. 5. Predictive Analytics AI's predictive capabilities help businesses anticipate market trends and consumer behaviors. This allows for proactive campaign planning, aligning marketing efforts with upcoming trends and seasonal demands. We will continue another time ... Meanwhile, Generative AI is revolutionizing audience targeting in Ghana, offering new opportunities for businesses to connect meaningfully with their audiences. As AI technology continues to advance, its impact will grow, driving more effective and personalized marketing strategies.

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