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With insecurity, traffic congestion, low power supply, and a multiple other challenges facing Nigerian businesses, it’s only right that when we see people who would wade right in and put shoulder to boulder to create a better society than the one they met. One of such people is Lexi Novitske, who left a US Hedge Fund to invest in Nigeria. Although not a Nigerian citizen, she moved to the country in 2012, from America at a time when startup bloom sprang up. She is ever interested in the untapped potential available in Nigeria. She shifted her attention to an emerging market, after a long sabbatical from New York-based Sandler O’Neill Asset Management. In 2014, she launched Singularity Investments, which invests in tech enabled and early stage companies in Sub Saharan Africa. Lexi Novitske is the principal investment officer at Singularity Investments, She oversees the firm’s operations in Africa.  In a country where there are many female entrepreneurs, Lexi Novitske, attributed part of her success story to Nigeria’s female entrepreneurs, “Nigerian women are some of the strongest and most powerful business leaders I’ve met anywhere…” She added in a chat with Melisa Rowley of Forbes.com. She  went ahead to state that she had learnt so many things from the Nigerian women business leaders, “In reality, I’ve learned so much from Nigerian women on how to do business,”  as her Western skills proved difficult to navigate the tough African business ecosystem. Picture Credit: https://twitter.com/anovitske/status/973566926373965824  
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This article was first published on 27th March 2018

adepeju

Adepeju Adenuga is a writer (considering where you are reading this, makes perfect sense). She holds a Masters Degree in Literature in English from the University of Lagos.

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