Most African founders are building for a customer who can't afford them.
Nigeria's GDP per capita? Around $1,000 a year. Down from over $3,000 a decade ago.
But the pitch decks still price like it's San Francisco.
@TimeyinPI Preston Ideh, CEO of @StearsData, breaks down the data Africa keeps refusing to look at.
I spent the past few years telling you all where to buy the best homes across the world. This year, I started building.
My New Project: Brick and Condo
Location: Atlanta, USA 🇺🇸
Burnaboy is the first true global superstar Afrobeats has produced.
- First African artist to headline MSG-13,586 tickets.
- First African artist to headline a concert in a US stadium. State Farm Arena.
- First African artist to headline a music concert in a European stadium. London Stadium. Sold out 80,000 capacity.
- First Nigerian artist to headline Red Rocks Amphitheatre.
- Co-op Live, Manchester. England's biggest indoor arena, sold out.
- Filled the 80,000 capacity Stade de France, Paris.
- "I Told Them" Tour grossed $30.46 million. The highest-grossing tour by an African artist in history. 302,801 tickets.
- His June 2024 London Stadium concert grossed $6.15M from 58,973 fans. The biggest single concert ever by an African artist.
- He holds 27 of the top 40 highest grossing shows by an African artist.
- The Oceania leg of his 25/26 tour grossed $3.1M from 31,000 tickets. The most for an African artist.
- World Cup opener and Final half time show.
- 11 Grammy nominations, 1 win.
- First African artist to achieve more than 10 million equivalent album sales globally.
- Nearly 8 billion Spotify streams.
Oloye @burnaboy 🫡.
This guys wife runs a POS business yet comes home very late,last night she entered the house at 12 midnight. I wonder if she’d even come home at all if she had a supermarket.. men wey dey marry rubbish full Lagos