12 Most Promising African Entrepreneurs
Ogunlana Olumide and Chukwuwezam Obanor, Nigeria
Inspired by an MIT event in Lagos, Obanor teamed up with Olumide to create PrepClass, an online test prep software designed to make it easier for Nigerian students to prepare for upcoming tests. In addition to providing test prep materials online, the company now employs over 100 tutors who travel to students’ homes around the country to teach one-on-one. The personalized approach has been successful, and the company is now earning 1400 percent more than its starting revenue.