Capital, Capacity and Community for ScaleUPs in Africa
In February 2023, Universal Music Group (UMG) annouced a majority strategic investment into Mavin Global – a leading African records label based in Nigeria –
The fast-changing digital economy presents enormous prospects for the emerging economies of Africa. In Africa, the digital economy has emerged as an unstoppable giant that is growing at an unprecedented pace. Supporting this assertion, innovation commentators have conveniently argued that in the twenty-first century, we can ground the conditions for economic growth less on the accumulation of things and more on the flow of information, less on geographic centrality and more on electronic connectivity, and less on expanding consumption of scarce resources and more on intelligent management.
The twentieth century saw the economic rise of Asia through the significant economic rise of the “Asian Tiger” countries (Kojima 2000; UNCTAD 1996). But the twenty-first century has been dubbed the African century (Wikipedia 2016). Tech Crunch, renowned technology media company, recently published an article entitled “The Future Is African” (Nash 2015), which aptly described how Africa is unleashing innovation by combining mobile and Web technology to lead the world in the twenty-first century – the KINGS countries are leading this wave.
In February 2023, Universal Music Group (UMG) annouced a majority strategic investment into Mavin Global – a leading African records label based in Nigeria –
The African continent has a land area of 30.37 million square kilometers (11.7 million square miles) — large enough to fit in the U.S., China,
The year is 2010, a young Eric Osiakwan is engaged in two experiments; getting the West Africa Backhaul Company (WABco) off the ground as an