Financial Times –
When Chinedu Azodoh was working as a developer on the trading desk of a New York bank, some of the comments he heard about Africa and the “dark continent” did not ring true for him. “Most people were speaking from a position of fear and ignorance,” he says. “I grew up on the continent; my experience was vastly different.”
Mr Azodoh wanted to start his own business in Nigeria, to create jobs and help lift people out of poverty. In 2014, he began a masters in finance at MIT Sloan School of Management in the US to learn the technical skills necessary in starting and running a business.
The idea for MAX.NG, a delivery and taxi start-up in Lagos, Nigeria, developed while Mr Azodoh was working on a class project with a fellow student in his first few months at MIT. After spending his Christmas break doing market research in the city, it became clear that the idea had potential.