Find a Cofounder in Lagos
Lagos is home to over 1,126,000 aspiring entrepreneurs. Join 10,000+ founders already on CoffeeSpace - including 84 from Lagos and start your founder journey today!
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Entrepreneurship in Lagos
Lagos, being the economic hub of Nigeria, presents a vibrant and thriving entrepreneurship environment. This city is recognized as a hotbed of innovation and creativity, with a significant number of startups focused on leveraging technology to address everyday challenges. Lagos' startup ecosystem is characterized by a diverse range of sectors including Fintech, Healthtech, Agritech, and Edtech. Local tech hubs, incubators, and accelerators further provide entrepreneurs with the necessary infrastructure and mentorship to foster innovation and growth. However, access to funding remains a significant hurdle for many entrepreneurs in Lagos. While the city has witnessed an increase in venture capital activity in recent years, many startups still struggle to secure the necessary funding to scale their businesses. Despite this, Lagos has managed to position itself as a prime destination for global investors seeking to tap into Africa's rapidly growing tech scene. The city's resilience and dynamism continue to bolster its reputation as Africa's leading startup ecosystem.
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Lagos founders in numbers
Lagos, the vibrant economic hub of Nigeria, boasts a thriving entrepreneurship environment with an impressive total of 1,126,000 entrepreneurs. Among these, CoffeeSpace proudly serves 84 active users who are leveraging our platform to connect, collaborate, and grow. The top three industries making waves in Lagos' entrepreneurial scene are Artificial Intelligence (AI), E-commerce, and Financial Technology (FinTech), with leading companies like AIESEC and the Jumia Group pioneering innovative solutions. The entrepreneurs in Lagos have diverse educational backgrounds, with many hailing from prestigious institutions such as Georgetown University, University of Lagos, Ahmadu Bello University, and University of Nigeria, Nsukka. This diversity enriches the entrepreneurial ecosystem, fostering creativity and driving growth in this dynamic city.
The median age of CoffeeSpace founders in Lagos is 28, while the average is 28.63.
A majority (54%) of CoffeeSpace founders in Lagos are non-technical (Product, S/M, Financial, Operations), while (46%) are technical (Engineering, AI/ML).
A majority (58%) of CoffeeSpace founders in Lagos, are exploring startup ideas, while 42% are committed to finding a cofounder.
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