Guys,we all know that New Media , Tech Based Startups are making young dudes millionaires,Billionaires and even multi-billionaire...but we are yet to strike it hot in Nigeria here (or better still in Africa) I start up this tread for people who have interest in the tech startup and new media industry to air any idea and pridiction about the the possibilty and ability to make real profit from real profitable online Business.
Note this is a brain storming post.
So what is you thought?

With education and banks willing to finance internet base business, future is bright.

@mrperfect you are right bro. But most online based biz even finances it self.

Do we even have what it takes (infrastructure, Man power, etc)?
Nigeria factor (trust, yahoo boys, mentality etc)
among many factors are hindering us from entering the online business arena. Ordinary mobile payment na wahala here in Nigeria, I thought people will adopt the mobile payment like a normal way of life but I was surprise that after six month, the service provider are still struggling to make awareness of their product. When the government ought to make it easy for me to buy BRT ticket with my mobile phone account.