Seasoned technology and systems executive with 20+ years of leadership and 5 years of commercial, IP and cybersecurity legal training, building a compliant, scalable multi-sports academy from the ground up.
Founding team
Led by operators across technology, finance and law.
OctWan is designed and run by founders who combine deep experience in systems, ethical finance and sports-inclusive policy.
Finance professional experienced in ethical lending frameworks for African governments and large infrastructure projects, championing equitable access where investing in under-represented athletes is both impact-driven and profitable.
Legal professional focused on policy and inclusion in sport, pushing for barrier-free access and using sport as a tool for youth empowerment across Nigeria.
Financial Ask
Seed capital for first arena and 5-year growth plan.
We are seeking strategic investors to partner with us in developing the Lagos hub, including its full build-out and the supporting systems required for a scalable, multi-city expansion.
Use of funds (Year 1)
Facility Construction
0
Approx. US$3.26M for track, trampoline, ice infrastructure and safety systems.
Operating Runway
0
Approx. US$775k Year-1 OPEX blueprint for staff, utilities, technology and marketing.
Growth & Talent
Targeted
Recruitment of technical directors, ex-athletes and BD to validate and scale.
Capex-heavy Year 1
EBITDA positive from launch
5-year plan to US$2.49M revenue
EBITDA Growth: 5-year Snapshot
EBITDA expands from US$0.93M to c.US$1.55M on a single-site model.
Revenue Ramp
US$1.7M → US$2.49M
Driven by 10% to 25% YoY visitor growth, modest ticket inflation and strong ancillary
revenue (Academy, Food & Beverages, Partnerships).
Visitors
50k → 300k
From 50,000 visitors in Year 1 to over 300,000 by Year 5 on the first hub.
Real Estate Options
Abuja / Lagos
Abuja city-centre vs. Lagos Eko Atlantic (tax-free zone) offer different
land cost and density profiles.
Market & Fit
Positioned in a US$500B+ sports economy.
As the global sports market grows on digital content, sponsorship and emerging middle-class spending, OctWan offers a first-mover platform for motorsport and winter sports in Africa.
Youthful, Under-served Market
Nigeria’s young, urban population has strong appetite for lifestyle and adrenaline sports, but minimal access to professional infrastructure.
Multi-Sport Synergy
Shared infrastructure across karting, trampoline and ice improves utilisation and enables cross-selling, lowering unit costs per user.
Diversity & ESG
A turnkey narrative for partners that want visible, measurable contributions to diversity in global sport.