₦airaland Forum

So, first off, would say from being a big admirer and player in the technology space from Nigeria, we've made tremendous progress in the kind of companies we have produced, from the early days of Interswitch, to early 2010's with companies like Konga, to Dealday, to Jumia, to the fintech boom in 2015's with the likes of Paystack, Flutterwave, and Teamapt, (Now Moniepoint) to recent startups doing amazing things in the crypto and AI space,

But, one thing that always, baffle me is why our scaling and growth is always limited to Africa and maybe just maybe a little town in UK or US, why don't our companies dominate in the global tech ecosystem, like the likes of maybe South African companies, or US, Canadian and UK companies even when we raise similar amount in VC founding as these companies, some don't even raise as much as we do, but still we dont dominate foreign markets like these companies.

Just curious if any one can share insights or think similar to what im thinking

Realteeyee123:
So, first off, would say from being a big admirer and player in the technology space from Nigeria, we've made tremendous progress in the kind of companies we have produced, from the early days of Interswitch, to early 2010's with companies like Konga, to Dealday, to Jumia, to the fintech boom in 2015's with the likes of Paystack, Flutterwave, and Teamapt, (Now Moniepoint) to recent startups doing amazing things in the crypto and AI space,

But, one thing that always, baffle me is why our scaling and growth is always limited to Africa and maybe just maybe a little town in UK or US, why don't our companies dominate in the global tech ecosystem, like the likes of maybe South African companies, or US, Canadian and UK companies even when we raise similar amount in VC founding as these companies, some don't even raise as much as we do, but still we dont dominate foreign markets like these companies.

Just curious if any one can share insights or think similar to what im thinking

watch the video below and you will understand why.


https://www.youtube.com/watch?v=KMbFjoHUYbA