Why Only Few Entrepreneurs Become Billionaires – By Elora Akptosevbe

90% of the products we consume daily in Nigeria are imported.
If you are setting up a business, be an innovator, or inventor, bring something new to the market, it may be a product, and just because you are the first and only one in that business in the whole of Nigeria, Africa, you will thrive.

I will be speaking on
Two female Entrepreneurs who are innovators.

Femi Oyedipe is the CEO of Loshes Chocolate.

Her current project is transforming cocoa, a natural and readily available resource, into fine chocolate products, creating employment, improving communities, promoting good health and wellbeing.

Loshes Chocolate thrives on the collective strength, innovation, diversity and genuine intent to create value, and is poised to become the household name for chocolate confections across Africa.

The advantages of setting up a chocolate factory in Nigeria after finding out that most of the chocolates consumed are imported, is that you will become the major supplier to super markets all over Nigeria.

When you don’t have competitors in your line of business, you will evolve and gradually go from millionaire to becoming a billionaire.

Another Entrepreneur who’s thriving in her career is
Kofo Akinkugbe, the first woman whose ATM company is the first in Sub-Saharan Africa to be Verve, Visa and MasterCard certified.

Her company, SecureID, is a world-class manufacturing facility with the only smart card production plant in West Africa, and one of only six on the continent. The company serves 21 countries in Africa, including her home country, Nigeria.

SecureID, produces 200 million cards, and has been recognized as setting the standard for innovation and creativity in the SmartCard sector in sub-Saharan Africa.

So what are you waiting for, what’s your business idea, we are yet to see electronics from a Nigerian, be the first and become a billionaire.

Email: elora.akpotosevbe@yahoo.com