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Steve Adleman Advocates for Strengthening Nigeria's Startup Ecosystem

Steve Adleman Advocates for Strengthening Nigeria's Startup Ecosystem

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by Diego Alvarez

8 hours ago


At the recent StartupSouthX event in Port Harcourt, a significant call to action was made for local investment in Nigeria's burgeoning startup ecosystem. Steve Adleman, managing director of Nexus Partners, shared his insights on the importance of establishing angel networks to support homegrown ventures. The source notes that fostering these networks could be crucial for the growth and sustainability of startups in the region.

Важность местного капитала для стартапов в Нигерии

Adleman, who has a wealth of experience in nurturing startups in Silicon Valley, stressed that the future of Nigeria's entrepreneurial landscape hinges on mobilizing local wealth. He argued that investing in Nigerian startups should be viewed not as an act of charity, but as a crucial investment in the nation's future prosperity.

Инициативы по поддержке предпринимательства вне Лагоса

His remarks come as part of a broader initiative to encourage collaboration among entrepreneurs throughout Nigeria, shifting the focus away from the traditional startup hub of Lagos. By highlighting innovation in various regions, Adleman aims to inspire a more inclusive and diverse entrepreneurial environment across the country.

While local investment in Nigeria's startup ecosystem is gaining attention, the hedge fund sector is facing challenges as young innovators emerge without clear precedents for success. For more insights, see details.

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