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Can Internet Startups in Africa Be Profitable? | Loy Okezie

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3 Responses to Can Internet Startups in Africa Be Profitable?

  1. fee says:

    The African netentrepreneurs might not be the millionaires they hope purely from their internet companies,
    but most are providing really valuable services.

    Future generations of african internet projects and consumers will learn from their fathers, as we have learned from our African net pionneers, and possibly gain enough experience to create a market ripe enough to generate the type of revenue we hope for.

    We are not the African millionaires of today. Tomorrow will be another story.

    PS: Some of us are already 'ramen profitable' :)

  2. Lacy says:

    Pretty good post. I just came across your blog and wanted to say

    that I have really enjoyed reading your posts. Anyway

    I’ll be subscribing to your blog and I hope you post again soon!

  3. PACE says:

    I don't think this is peculiar to only Africa internet startups alone. I still don't understand the revenue model for Facebook and this is why I am still surprised at its valuation. As you right pointed, starting up a business online is becoming cheaper everyday. If you have the right skills, your initial cost might just be that which you pay to your web host. I think we will see many young techie launching forth some online businesses which will definitely succeed if properly managed

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