Owing to the high cost of manufacturing or setting up manufacturing infrastructure in Nigeria, a good majority of young tech engineers and entrepreneurs opt for having a software startup rather than hardware.
Another major reasons entrants avoid playing in the hardware space is time. Unlike software solutions, hardware development entails an excruciating gestation period. This is because product development usually takes months possibly years of design and prototyping before it gets ready for market.
The Founder of AlphaHUB, Victor Jibro, an entrepreneur with a passion for solving problems, explained the need for a tech hub with a focus in Hardware Technology to be established in Nigeria to meet the growing demand for smart devices.
“Our community is just the right place for entrepreneurs that desire to be successful”, he concludes.