Asaba delta nigeria is a city with a rich history of entrepreneurship located in the southern part of nigeria asaba is the capital of delta state and has a population of over 300000 people the city is known for its strategic location as it is situated at the confluence of the niger and the benue rivers over the years asaba has produced a number of successful entrepreneurs who have made significant contributions to the growth and development of the city these entrepreneurs have been involved in various sectors of the economy including agriculture manufacturing and technology one of the key technological innovations in asaba is the development of mobile payment systems this has made it easier for people to conduct financial transactions especially in rural areas where access to traditional banking services is limited there are several companies founded and headquartered in asaba including delta state university which is one of the top universities in nigeria the city also has a thriving startup scene with many new companies starting up every year despite the thriving startup scene asaba still faces some challenges the unemployment rate in the city is high with many young people struggling to find work the living wage in asaba is around 30000 naira per month which is equivalent to approximately 80 usd the citys gdp is estimated to be around 2 billion usd with the majority of the economy driven by agriculture and manufacturing however there is a growing tech sector in asaba which is expected to contribute significantly to the citys economy in the coming years overall the startup scene in asaba is thriving thanks to the citys strategic location talented workforce and supportive government policies however more needs to be done to address the high unemployment rate and improve the living standards of the citys residents
PrizesHuge thanks toNotion for sponsoring this Award!