Winning the new financial era

Chapter 651 Wakanda Fund

There are many Chinese faces coming in and out of the Oriental Hotel, all of whom are Chinese who have come to Lagos to do business or have been sent here.

These people recognized Zhang Yida in the crowd at a glance, they were a little surprised, and wanted to go up to say hello.

But seeing the military police opening the way, Zhang Yida was closely guarded by several bodyguards, so he had to stop, stand in the crowd, and shout out greetings such as "Mr. Zhang" and "Mr. Zhang" from a distance. .

Zhang Yida had no intention of lingering. While walking towards the hall under the guard of bodyguards, he waved his hand to say hello to the compatriots surrounded by adult walls on both sides.

Several local big bosses were sitting in the lobby smoking cigars. Seeing this formation, they knew that a big shot was coming, so they questioned the Chinese friends sitting around.

"You don't even know Zhang Yida? Don't you read the international news?" A Chinese next to him teased these black buddies who looked like local rich men.

"I saw so many Chinese businessmen going up to say hello. Is he rich? How does he compare with Dangote, the cement king of our country?"

"It's more than ten times richer than Dangote, which is about 35 trillion naira."

"How much? 35 billion or 35 trillion?"

"Hey, just google it yourself and you'll find out."

……

Zhang Yida was assigned to the best presidential suite, and when he rested until [-]:[-] pm, he was woken up by Zhao Erya who had already dressed up, and the two attended the welcome dinner together.

In order to avoid some unnecessary troubles, the dinner was arranged in the most luxurious banquet hall of the Oriental Hotel.

In addition to Shen Beipeng and Xu Xiaoming who accompanied them, Chuanrui’s Cao Lu, Reeves and other company executives attended the banquet, as well as Lagos Governor Babajid Sanwulu, Nigerian Minister of Science and Technology Ogbonaya Ogbonaya Nu, Minister of Commerce Idris Waziri and other Nigerian officials.

The Chinese Consul General in Lagos, Chu Maoming, also brought the Deputy Consul General Guan Zhongqi and several counselors to the banquet.

At the banquet, Nigerian officials welcomed the arrival of Zhang Yida and his party, emphasized the decades-long friendship between China and Nigeria, and hoped that Ruixiang will continue to increase investment in Nigeria and strengthen business cooperation with the country.

Against his will, Zhang Yida praised Nigeria's prosperous economy and fast-growing GDP, saying that it is a hot land for entrepreneurship.

In the future, Ruixiang will launch more Internet products in Nigeria, recruit local employees, solve local employment, and spare no effort to promote Nigeria's technological progress.

Consul General Chu Maoming of the Consulate also praised the economic miracle created by Nigeria, and had high hopes for Ruixiang to invest in Nigeria and Lagos, and wished Ruixiang a brilliant success in Africa.

At a dinner party, I didn't eat much food, and I kept talking about investment and cooperation.

Minister of Science and Technology Aonu is a Ph.D. student in the United States, and he still has a lot of money in his stomach. He talked with Zhang Yida about technology, and the topic turned around to Jack Ma's entrepreneurial competition.

"Hey, it's a pity that Mr. Jack Ma chose South Africa."

Ao Nu looked at Zhang Yida and said with a smile: "I heard that Ruixiang is a deadly enemy with Mr. Jack Ma's Ari in China?

If Ruixiang can hold a similar event in Nigeria, our government will definitely support it in terms of venue and media publicity. "

Zhang Yida chuckled, Jack Ma is indeed wise, his public welfare foundation only paid 1000 million US dollars, and distributed the start-up bonus in 10 years, which is 100 million US dollars per year.

Although the money was not much, the gimmick was quite big, and the black buddies were so amused that they couldn't stop.

No, the Minister of Science and Technology of Nigeria has come up with his own idea.

Seeing Zhang Yida smiled and said nothing, Onu continued: "Jumia, Africa's first unicorn, was born in Nigeria, and it is also the first technology company in Africa to be listed on a major global exchange.

As the seventh largest city in the world and the largest city in Africa, Lagos has an entrepreneurial soil suitable for the growth of technology companies. "

The reason why Onu pushes this matter so hard is also related to Nigeria's current economic environment and industrial composition.

Energy exports such as oil and natural gas are the pillar industries of this country, and their technology sector is not valued at all.

As a highly educated official who returned from the United States, he really wanted to change this backwardness and promote the country's scientific and technological progress.

At the same time, only when Nigeria's technological entrepreneurial atmosphere is brought up and enough technological startups are attracted, can he become a minister of science and technology.

With political achievements, it is also convenient to attack higher positions.

He has learned how Chinese Internet companies have risen, and the biggest secret is the demographic dividend.

Nigeria also has this advantage and is the No.1 country with the largest population in Africa.

In addition to the population, the Internet infrastructure must also keep up, and the political situation also needs to be stable.

In short, there are still many problems in Nigeria, but if you don't work hard, you will always be backward.

Zhang Yida listened to Onu explaining Nigeria's various advantages to himself in fluent English, and he could feel that this senior intellectual official had a very strong sense of mission.

It's funny to say that the official language of Nigeria is English, but except for the middle and upper class, ordinary people don't know English at all, they only know their own language.

Nigeria has a huge population, but the society is very divided, and the gap between rich and poor is huge.

Going overseas on the Internet is not successful everywhere. European and American markets are the easiest to realize, followed by Southeast Asia and Latin America, and Africa is the worst.

Because in addition to political instability in Africa, the people are also really poor, and traffic charges are really expensive.

On average, it costs US$1 to purchase 7.04GB of mobile phone traffic in Africa. Residents of the African continent spend about 8.76% of their monthly income on mobile phone traffic, which is higher than the 3.58% in Latin America and higher than that in Asian countries. 1.54%.

Take Musical.ly’s performance in Africa as an example. Those who dare to use data to play must be local tyrants. Most people can only use WIFi, otherwise they will starve to death on the streets next month.

And WiFi is not available everywhere, which limits the development of Internet companies in Africa.

"A total of 210 African technology companies received venture capital last year, with a total financing amount of 3.35 million US dollars.

For the first time, Nigeria surpassed South Africa to become the most active country in the investment and financing of African start-ups. 58 start-ups raised US$0.95 million, 40 South African start-ups raised US$0.60 million, and Egypt and Kenya ranked third and fourth respectively.

There are a total of 442 business incubators in Africa. The number of incubators in Nigeria has grown to 55, which is close to 59 in South Africa. The third and fourth places are Egypt and Kenya with 34 and 30 respectively.

In the long run, relying on our population size, Nigeria will definitely become the largest Internet country in Africa, just like China. "

The scene was very quiet, only Ao Nu and Zhang Yida were talking there, no one else disturbed.

Zhang Yida did some calculations in his mind, 210 start-ups raised 3.35 million US dollars, and an average company raised less than 160 million US dollars.

For a large domestic unicorn, one round of financing exceeds the total annual financing of the African Internet market.

"Minister Onu, I deeply feel your sincerity."

Zhang Yida looked at Onu, who was wearing a white shirt and made his face darker, and said with a smile: "The headquarters of Transray in West Africa has always been located in Nigeria, and this has never been shaken.

Mr. Jack Ma held an entrepreneurial competition. If we followed suit, it would be boring, and it would be easy for others to accuse us of being uncreative. "

Zhang Yida spread his palms, and introduced in detail the identities of Xu Xiaoming and Shen Beipeng sitting beside him and the venture capital fund they were in charge of.

Ao Nu's eyes are bright, Hei Shirt Capital, he has heard of it when he was studying in the United States, and it is almost the same.

Although Zhenke Fund is not so well-known, Zhang Yida introduced him as Ruixiang's first-round investor, which must be a big venture capital company.

"I don't like those bells and whistles, I prefer actual combat."

Zhang Yida didn't mean to belittle Jack Ma, after all, he did a good job with all kinds of tricks.

Onu turned his attention to Zhang Yida again, and heard the latter say, "Sharp and Transsion, as well as the two investors beside me, and some entrepreneurs and investors who have not come from China plan to establish An equity investment fund focusing on the African technology market.

The name is called the Wakanda Fund! "

　Thanks to book friends 20180618063820876 for the reward!
　　
　
(End of this chapter)