Innocent Chukwuma turned a Nnewi market stall into Nigeria's only indigenous carmaker
Billionaires Africa | 29.06.2026 20:59
The insight that made Innocent Chukwuma arrive inside a 40-foot shipping container. In the early 1980s, the importers who supplied Nigeria's motorcycle dealers were shipping the machines fully assembled, and a single container could swallow only about 40 of them at a time. Chukwuma, a young spare-parts trader in the market town of Nnewi, looked at that arithmetic and saw waste where everyone else saw routine.
