Nigeria's tech sector is churning out Africa's most valuable companies. Yet the country watches billions in wealth flow overseas.
Startups born in Lagos are choosing foreign stock exchanges over local listings. They're picking offshore exits instead of staying home.
Fintech platforms, e-commerce firms, and digital payment systems are all thriving here. Billions in foreign capital pours into these ventures yearly.
Millions of Africans use services built by Nigerian entrepreneurs. But the real money?
It heads to Wall Street.
Companies that launch from Nigerian cities are relocating their parent companies abroad. They're taking the financial rewards with them.
Local investors and the Nigerian economy lose out. Young entrepreneurs see greater opportunities listed internationally.
The pattern reveals a troubling gap. Africa's innovation hub isn't capturing the spoils of its own creation.