The journey so far: Lexi Novitske, principal investment officer, Singularity Investments
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- Published: Friday, 30 June 2017 10:54
- Sourced by SolutionsTeam
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Alexandra “Lexi” Novitske is the principal investment officer at Singularity Investments, which she launched in 2014 in Nigeria. She oversees the firm’s operations in Africa. Singularity invests in visionary entrepreneurs in technology-enabled, early-stage companies in sub-Saharan Africa.
Tell us about one of the toughest situations you’ve found yourself in, and how you overcame this challenge.
When I first moved to Nigeria I faced tremendous disapproval and biases from family and friends. My parents worried for my safety while my mentors were concerned that my promising career in the investment world would shift into charity work. While these anxieties were driven by genuine care and unawareness about Nigeria, the lack of support behind my decision to dedicate my career to growing African investments made the choice much harder.
Nigeria has tendered request for further exemption from the production cut at the ongoing 172nd meeting of the Organisation of Petroleum Exporting Countries (OPEC) meeting today. Minister of State for Petroleum Resources, Ibe Kachikwu told journalists at the pre-meeting interview that the country is yet to revive its production level, therefore is pushing for extension of the exemption at the meeting.
