{"id":546620,"date":"2022-05-23T04:00:57","date_gmt":"2022-05-23T04:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/hello-from-lagos-nigeria\/"},"modified":"2022-05-23T04:00:57","modified_gmt":"2022-05-23T04:00:57","slug":"hello-from-lagos-nigeria","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/hello-from-lagos-nigeria\/","title":{"rendered":"Hello from Lagos, Nigeria"},"content":{"rendered":"

<\/a> D<\/strong>AY ONE-<\/strong> After six-hour, 4.3k km flight from Cairo, we\u2019re settled at the Nordic Hotel Lagos on Victoria Island. Think of Victoria Island as the Zamalek of Lagos \u2014 just a bit greener and more colorful. From the plane, we could see colorful rooftops covering the ground below.<\/p>\n

Refresher:<\/strong> We hopped on a plane yesterday with our friend Aly Shalakany, CEO of the Cairo Angels Syndicate Fund (CASF) to explore one of Africa\u2019s biggest startup hubs. We\u2019re joined by Nawah Scientific CEO and founder Omar Shoukry and Adham Azzam, COO and co-founder of fintech player Lnddo. We\u2019re looking forward to meeting interesting startups, angel investors and VCs in the capital of Africa\u2019s largest consumer market.<\/p>\n

As is typical for a bunch of entrepreneurs and the people who invest in them, <\/strong>conversations were lively on the way over. <\/strong>Is being an angel investor an actual full-time job or not? (Definitely, if you ask Shalakany). How important are African markets to Egyptian startups looking to expand into other countries? More on that in the coming days.<\/p>\n

Nigeria loves biometrics: <\/strong>We gave thumb prints (and biometric photos) at the airport \u2014 and again when we bought SIM cards to have internet on the go.<\/p>\n

And it is definitely looking towards the future: <\/strong>Tomi Davies, collaborator-in-chief at TVC Labs and our chaperone, showed us around Lagos\u2019 Eko Atlantic City<\/a> \u2014 or what locals like to call \u201cThe Future\u201d. The country is building a 10 mn sqm multi-use commercial center as part of a land reclamation scheme intended to protect Lagos from coastal erosion (the city\u2019s coast lies on the Atlantic Ocean). The project is a mix of public and private investment and is expected to contribute USD 1 bn to the country\u2019s economy annually, once completed, according to local media reports.<\/p>\n

Two things we loved at the airport in Lagos:<\/strong> #1- A sign declaring \u201cWe do not condone extortion,\u201d which was accompanied by an image of two hands passing a crunched-up banknote. And #2- \u201cTouting of any kind in the nation\u2019s airports is prohibited\u201d \u2014 along with an image of a silhouette in a hoodie.<\/p>\n

Generally, Lagos feels a lot like home.<\/strong> The highway reminds us of the Da2ery, the driving style reminds us of a typical Egyptian microbus driver, and the potholes feel the same when you blaze through them.<\/p>\n

But the weather\u2026 <\/strong>The humidity knob seems to be turned to its maximum (see how misty it is in the image above), while the gods of rain like to keep drizzling cold drops onto earth while you walk down the street. Despite it all, it\u2019s supposed to be about 30 degrees Celsius.<\/p>\n","protected":false},"excerpt":{"rendered":"

DAY ONE- After six-hour, 4.3k km flight from Cairo, we\u2019re settled at the Nordic Hotel Lagos on Victoria Island. Think of Victoria Island as the Zamalek of Lagos \u2014 just a bit greener and more colorful. From the plane, we could see colorful rooftops covering the ground below. Refresher: We hopped on a plane yesterday […]<\/p>\n","protected":false},"author":1,"featured_media":546621,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9136],"tags":[1915,1917,9116,1918,72,1916,801,1914,802,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-on-the-road","tag-adham-azzam","tag-aly-shalakany","tag-cairo-angels-syndicate-fund","tag-enterprise-on-the-road","tag-enterpriseam","tag-lnddo","tag-nawah-scientific","tag-nigeria","tag-omar-shoukry-sakr","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"1c43055e-4065-467b-9f91-0c22cbf1cd9e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/301.jpg","photo_position":"above","related_issue":[546602],"teaser":"","voice_url":""},"yoast_head":"\nHello from Lagos, Nigeria - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/hello-from-lagos-nigeria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hello from Lagos, Nigeria\" \/>\n<meta property=\"og:description\" content=\"DAY ONE- After six-hour, 4.3k km flight from Cairo, we\u2019re settled at the Nordic Hotel Lagos on Victoria Island. 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The energy of the local entrepreneurship scene has kept our adrenaline pumping, along with the little bits and pieces of chaos that remind\u2026","rel":"","context":"In "ENTERPRISE ON THE ROAD"","block_context":{"text":"ENTERPRISE ON THE ROAD","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-on-the-road\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/335.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546744,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/goodbye-lagos\/","url_meta":{"origin":546620,"position":2},"title":"Goodbye, Lagos","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Goodbye, Lagos \u2014 it\u2019s been phenomenal. In a few hours, we\u2019ll be heading back on a six-hour flight to Omm El Donia, with the adrenaline of the past four days slowly dialing down, giving us time to process what we have experienced \u2014 and add all those new connections to\u2026","rel":"","context":"In "ENTERPRISE ON THE ROAD"","block_context":{"text":"ENTERPRISE ON THE ROAD","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-on-the-road\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/355.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546662,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/day-2-in-lagos-nigeria\/","url_meta":{"origin":546620,"position":3},"title":"Day 2 in Lagos, Nigeria","author":"enterpriseam admin","date":"24 May 2022","format":false,"excerpt":"DAY TWO- We\u2019ve had a fabulous and dense day two in Lagos, ladies and gentlemen. Between tuktuk-rides through Lagos\u2019 Yaba Valley, walking up six flights of stairs, and learning the term \u201cPidgin English,\u201d we met up with a bunch of local entrepreneurs and investors and visited an innovation hub.We spent\u2026","rel":"","context":"In "ENTERPRISE ON THE ROAD"","block_context":{"text":"ENTERPRISE ON THE ROAD","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-on-the-road\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/320.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543499,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/03\/cairo-angels-makes-second-investment-in-nawah-scientific\/","url_meta":{"origin":546620,"position":4},"title":"Cairo Angels makes second investment in Nawah Scientific","author":"enterpriseam admin","date":"3 February 2022","format":false,"excerpt":"Cairo Angels Syndicate Fund (CASF) has made a second investment in scientific research startup Nawah Scientific, it announced in a statement (pdf) this week, without disclosing the ticket size. Cairo Angels previously invested in Nawah in its USD 1 mn pre-series A round that closed last year. The round brought\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/44.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549520,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/20\/cairo-angels-micro-vc-fund-nears-final-close-a-new-fund-in-the-works\/","url_meta":{"origin":546620,"position":5},"title":"Cairo Angels\u2019 micro-VC fund nears final close + a new fund in the works","author":"enterpriseam admin","date":"20 September 2022","format":false,"excerpt":"Angel investment group Cairo Angels will reach a third and final close of USD 5 mn on its micro-VC fund this quarter, CEO Aly El Shalakany (LinkedIn) told us, confirming news first published by Amwal El Ghad. The fund reached its second close earlier this year, after closing its first\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/285.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=546620"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/546620\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/546602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/546621"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=546620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=546620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=546620"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=546620"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=546620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}