German carmaker Porsche officially opened a new car dealership on Friday in the heart of Lagos' wealthiest district, Victoria Island, a place with one of the world's highest concentrations of millionaires.
There are already dealerships specialising in Aston Martin and Lamborghini, but Porsche hopes to capitalise on a promise of providing sturdier vehicles that can cope with Nigeria's rough roads. Its presence is being seen as a vote of confidence in the West African nation's fast-growing economy.
Porsche also plans to set up an operation in the capital Abuja, where roads are newly built - a better market for the 911 sports model - and where politicians are amongst the world's most highly paid
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