Myself, Bastian and Mary meet so many young, talented tech entrepreneurs who fall at the first hurdle because the culture for funding start-ups doesn’t exist in Nigeria at the moment. Lagos is the gateway to the tech scene in Africa. It is currently worth about $200million. In 3-5 years time, it will be $1billion. We, SPARK, plan to be behind Nigeria’s first wave of dotcom millionaires
The reaction to SPARK has been fantastic and it proves that now is the time to be investing in the tech market. Following on from our success with iROKOtv, we feel that there is no-one in a better position than us to drive forward the tech start-up sector in Nigeria and this is why we’ve launched SPARK.
Three years ago, no-one thought to come online to watch Nollywood movies and now, it is an every day occurrence for millions of people around the world and in Nigeria. People log in to www.irokotv.com and they have instant access to Mercy Johnson, Majid Michel, Mama G… whoever is their favourite star. They have iROKOtv as their first port of call for their Nollywood movies.
The same is going to happen for these SPARK companies; people who are interested in fashion will go online to Giddimint to buy a cool t-shirt, to Hotels.Ng to book a hotel room or to Drinks.ng to order good priced drinks for a wedding or big occasion. Our SPARK companies will become an everyday part of Nigerian lives in the next few years
We think it sounds like a fab idea. If you’d like to get in touch, visit the company website by clicking this link – Spark