EntertainmentTechnology

Boomkit is building an ecosystem for indie artist in Africa with digital distribution and financing

In April 2022, Burna Boy became the first African artist to headline at Madison Square Garden in New York. As New York is the media and brand capital of the world, this concert showed the world that African music is now a big deal. In recent years, African music has grown beyond expectations, African artists are currently selling out stadiums, topping the Billboard charts and winning the Grammy…
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Technology

Lagos ranked as state with the highest number of internet data subscribers in the country

Lagos has been ranked as the state with the highest number of internet data subscribers in the country. The commercial city was followed by Ogun and Kano states as the three states jointly account for 23.8% of the total internet subscriber base in the country. The National Bureau of Statistics (NBS) revealed this on Tuesday in its telecoms Data: Active Voice and Internet, Porting and Tariff…
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StartupsTechnology

Future Africa Founder, Iyinoluwa Aboyeji, to invest $100,000 in Nigerian startups

The founder of investment firm, Future Africa, Iyinoluwa Aboyeji, has disclosed his company’s willingness to invest in small businesses operating in Nigeria, in a bid to assist their growth. Aboyeji co-founded Flutterwave and Andela, leading them to become a billionaire-dollar company in Nigeria, before quitting the product market to become an investor in the product market. He launched Future…
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StartupsTechnology

Thepeer raises $2.1 million to connect businesses

As more African startups spring up to solve the myriad of problems on the continent, the issue of interoperability emerges. Fintech users, for example, want to complete transactions seamlessly without cycling through numerous options, and Thepeer believes it can solve that. Today, the startup announces its seed round of $2.1 million, led by the Raba Partnership, an early investor in Flutterwave…
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