Meet The Plug, the Nigerian Music Company Behind Afrobeats Stars Davido, Ckay & More
The management, distribution, publishing and events agency has helped some of Africa’s top Afrobeats artists go global.
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Read more: Meet The Plug, the Nigerian Music Company Behind Afrobeats Stars Davido, Ckay & More -
Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insurance
Read more: Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insuranceOghenetega Iortim built Nigerian-based cold chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (previously Gricd) runs IoT-powered solutions that provide businesses, especially those in healthcare and agriculture, with key data such as location, humidity, and temperature of highly-perishable products,…
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Davido Partners With Puma for Sportstyle Collection: ‘We Rise by Lifting Others’
Read more: Davido Partners With Puma for Sportstyle Collection: ‘We Rise by Lifting Others’The Nigerian superstar’s Sportstyle collection features hats, T-shirts and a tracksuit that sport his native country’s green and white flag colors.
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Meet LONDON, Nigerian Producer Behind Rema and Selena Gomez’s Inescapable Hit, ‘Calm Down’
Read more: Meet LONDON, Nigerian Producer Behind Rema and Selena Gomez’s Inescapable Hit, ‘Calm Down’The 23-year-old buzzing producer has already worked with African popstars Wizkid and Tiwa Savage and exciting newcomers like Ayra Star and Rema.
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DFC invests $25M in Novastar’s Africa People + Planet Fund
Read more: DFC invests $25M in Novastar’s Africa People + Planet FundThe U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, to back founders building agriculture and climate solutions. The DFC revealed details of the transaction, and Novastar’s new investment vehicle, the Africa People + Planet Fund, during…
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Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs
Read more: Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffsAlerzo, a Nigerian B2B e-commerce platform that digitizes commerce and payments processes between FMCG suppliers and informal retailers, has laid off 15% of its full-time workforce, the company confirmed to TechCrunch. This is the company’s second round of layoffs in seven months. As a first-party e-commerce business, Alerzo had a headcount of more than 2,000…
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More job cuts loom as Sendy changes course in Nigeria
Read more: More job cuts loom as Sendy changes course in NigeriaIn October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purchase FMCGs directly from manufacturers, saying it was directing all its focus on its end-to-end fulfillment offering. Months later, the company is ceasing on-ground operations in Nigeria, one of its four markets in Africa. This means that…
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SunFi aims to be the fastest way for Nigerians to find, finance and manage solar
Read more: SunFi aims to be the fastest way for Nigerians to find, finance and manage solarSunFi, the Nigerian clean tech startup that connects people and businesses who want solar energy access to payment plans that match their needs, has raised $2.325 million in seed funding. The self-described energy financial tech platform received backing from lead investors Nairobi-based Factor[e] and Sterling Bank’s SCM Capital Asset Management and participating investors such as…
