Africa:
- Has 30% of the Worlds Mineral Reserves
- Population of 1 Billion+
- 55 countries
- 60% of population is under 25 years old
- 600m+ phone users
Compelling case for #Africa as the key growth market of the next decade!
#InvestinAfrica#COVID19
https://t.co/GPVFgEDeJW
Interesting reports by the African Private Equity and Venture Capital Association (AVCA). “Startups raised more in 2021 alone than previous 7 years combined,”
“62% of total investment went to companies worth more than $50m USD”
https://t.co/V5iB5VmMLB
#VentureCapital#Africa
So much has been happening in #African venture capital. $5 Billion USD was invested by Venture funds across the African continent in 2021
Starting tomorrow, our team will be doing a daily tweet thread on some of the promising companies who have received this influx of funding
EDF says it will extend its off-grid offer to the residential market and target to connect more than two million Kenyans to electricity by 2025.
https://t.co/DSbtH1YEMW
Co-Operative Bank of #Kenya has received $72.5m USD in loans from @IFC_org
Funding is going towards supporting small businesses across #Africa
https://t.co/XwgypKk2vf
#SmallBusiness#development
Based on these numbers from @HipHopNumbers it shows that Artists & content creators are getting paid only 0,00012$ per stream/play on #Youtube and less than 0,00080$ on #Spotify
Youtube's Revenues are in excess of $14 Billion USD amid this backdrop..
How much money would a major label artist expect to make from 100 million streams?
$12k - Youtube
$23k - Pandora
$72k - Amazon
$79k - Spotify
$122k - Google
$140k - Apple
$180k - Deezer
$216k - Tidal
$342k - Napster
Imagine getting $12k for 100 MILLION STREAMS!!