A beginner’s guide to investing in Nigerian startups
- Moniepoint hit the unicorn milestone.
- Paystack's acquisition in 2022 validated Nigeria's tech ecosystem.
- OPay, Moniepoint, and PalmPay became popular during cash scarcity in 2023.
The Nigerian startup ecosystem is ripe for investment, but potential investors must navigate the complexities of the market with caution. Conducting thorough research and understanding the risks involved is crucial for making informed decisions. The potential for high returns is enticing, but it should be balanced with a strategic approach to risk management.
