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Port harcourt nigeria is a bustling city located in the southern part of the country with a population of over 18 million people it is the third most populous city in nigeria the city has a rich history of entrepreneurship with many successful businesses being founded in the area however the startup scene in port harcourt has faced its fair share of challenges one of the biggest challenges facing startups in port harcourt is the lack of access to funding many entrepreneurs struggle to secure the capital they need to get their businesses off the ground additionally the city has a high unemployment rate which can make it difficult for startups to find qualified employees despite these challenges there are several companies that have found success in port harcourt one of the most notable is intels nigeria limited a multinational oil and gas services company that is headquartered in the city other successful companies in the area include jumia an ecommerce platform and andela a software development company port harcourt is also home to several universities including the university of port harcourt and the rivers state university of science and technology these institutions have played a key role in fostering innovation and entrepreneurship in the area the living wage in port harcourt is around 50000 nigerian naira per month which is equivalent to approximately 130 usd the citys gdp is estimated to be around 11 billion usd with a growth rate of around 35 per year despite the challenges facing startups in port harcourt there are signs that the scene is beginning to thrive the city has seen a recent influx of investment from both local and international sources which has helped to fuel the growth of new businesses additionally the government has taken steps to create a more favorable environment for startups including the establishment of a technology hub in the city overall while the startup scene in port harcourt may still face challenges there is reason to be optimistic about its future with a growing population a strong entrepreneurial spirit and a supportive government the city has the potential to become a major player in the global startup ecosystem