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Skills Development in Africa: How Wide is the Skills Gap?

Transformify

At the same time, 75% of all university graduates in Kenya and Nigeria are likely to be unemployed for up to 5 years after graduation. Kenya and Nigeria are of a particular interest for the employers in the UK due to the high percentage of English speakers who have received bachelor’s degree or higher.

Africa 75
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From email scams to e-commerce wins: How online shopping is helping Nigeria fix its Internet reputation

The Next Web

Nigeria itself is home to 170 million people, a figure that is expected to rise to 400 million by 2050, and the biggest market in Africa. According to Transparency International in 2013, Nigeria was the world’s 144th most corrupt country out of the 177 countries monitored. Slowly overcoming its reputation.

Nigeria 148
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Entrepreneurs are Everywhere Show No. 39: Jeremy Johnson and Michael Eidsaune

Steve Blank

I went to Nigeria to meet that first cohort, interview them and try to pick four from the six. We were charging a really high up-front annual fee to these providers and the end result of that was a pretty long sales cycle. We got that down to six finalists. The problem was had the wrong business model at the time.

Cofounder 142
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Entrepreneurs are Everywhere Show No. 39: Jeremy Johnson and Michael Eidsaune

Steve Blank

I went to Nigeria to meet that first cohort, interview them and try to pick four from the six. We were charging a really high up-front annual fee to these providers and the end result of that was a pretty long sales cycle. We got that down to six finalists. The problem was had the wrong business model at the time.

Cofounder 120
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How to Get Picked as a Speaker for The Lean Startup Conference

Startup Lessons Learned

For example, when your company adds ano ther blade to its disposal razors , the product’s technical development, marketing and sales will follow relatively predictable paths. Last year, the co -founders of B ack to the Roots talked about their innovation accounting and how they were ignoring sales metrics in order to grow.

Lean 165
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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

Startup accelerators modeled after YCombinator and Techstars sprouted up from NYC to Nigeria to New Delhi, spawning hundreds of new startups worldwide. This will continue as more role models, mentors and capital are created from the resulting success stories, thereby creating more support for the next generation of entrepreneurs. And Beyond….

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Focus on awareness and metrics are keys to success

Up and Running

For example, if you are selling a service where the core market is a local audience in the UK, traffic from Nigeria is not going to be of much use. I speak from experience here, where one of our business sites has a high portion of traffic from Nigeria for some reason, and not surprisingly this traffic simply does not convert.

Metrics 68