African space tech? Don’t rule it out, says Nigeria’s startup king

Iyinoluwa Aboyeji might not have the personal wealth of Elon Musk or Mark Zuckerberg, but his level of success as an African entrepreneur bears comparison with any Silicon Valley tech titan.

While still in his twenties, the Nigerian co-founded two “unicorns”, an industry term for companies that achieve a valuation of more than $1 billion.

By most counts, Africa has produced only seven unicorns compared with more than 700 in the United States.