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Author: Solomon King
Solomon King is the Executive Director of Lagos Angel Network (LAN). With over 15 years of experience in Behavioral Finance, Alternative Investments, and Fundraising, I specialize in designing innovative funding strategies that drive business growth and economic transformation across Africa. From angel investing to structured finance, my work sits at the intersection of capital, policy, and innovation, ensuring businesses, investors, and non-profits thrive. My mission is to fuel Africa’s innovation economy by fostering sustainable investments and advocating for policies that drive long-term growth.
At the Ogun Digital Summit on Thursday, I spoke about something that is fast shaping the direction of the next decade of my career — the future of capital in Africa. The room was alive: young founders, builders, students, professionals, and curious minds eager to catch the next big wave in tech. After my session, Pamilerin, a brilliant, confident, and clearly passionate tech griot — walked up to me. Midway through our conversation, he made a bold claim: “Sir, at least 50 million Nigerians already understand Web3.” I smiled. Because if you’ve lived in Nigeria long enough, you know that…
One of the biggest traps we fall into — is something we jokingly call “𝘴𝘦𝘦 𝘧𝘪𝘯𝘪𝘴𝘩.” That dangerous level of familiarity where you forget the value in the people God has already planted in your life. You know how it is: Someone has been around you long enough, you’ve gist-finished, eaten together, argued about fuel queues and NEPA together… and somehow their value starts to look normal. Ordinary. Familiar. Before you know it, you’ve reduced a global expert to “my guy.” But here’s the truth: Familiarity can blind you to destiny-level value. 𝗔 𝗤𝘂𝗶𝗰𝗸 𝗦𝘁𝗼𝗿𝘆 At hashtag#ODS, the host and…
When I started working with founders, I noticed something curious. Most of them weren’t failing because their ideas were bad. Many had great products, strong teams, and loyal customers. The problem was usually something quieter — the numbers didn’t make sense. And not because they weren’t making money. Sometimes the business was even profitable on paper, but cash was always tight, and no one could say for sure where it was all going. That’s when I realized most small businesses don’t need more sales — they need financial leadership. That’s what a CFO brings to the table. But let’s be honest…
I grew up in a Lagos neighbourhood where every street had that one man people quietly agreed was “the real money.” In our case, his name was Kunle. Oil & gas man. The kind of guy whose generator never went off and who bought the first satellite dish on the street when the rest of us were still adjusting rabbit-ear antennas. Whenever the community had a big project — fix the transformer, repair the gate, contribute for new streetlights — everybody would look in Kunle’s direction. And, to his credit, Kunle understood the assignment. He would drop the first ₦200,000…

