I think the asker is making the classic error of "the exception does not invalidate the rule". Is it possible to do such a thing out of Africa/Nigeria? Probably

I think the asker is making the classic error of "the exception does not invalidate the rule". Is it possible to do such a thing out of Africa/Nigeria? Probably. Would it be much harder to do so than in many other more developed/western countries? Most definitely. But this doesn't mean an entrepreneur or investor should be dissuaded from doing such a thing, especially if you are a native of such a country. Instead, probably the more that native residents of any country try to build something new and innovative and bootstrap a new empire, the better -- for everybody concerned.