Hello Venturer, Ever heard of Spotify Wrapped? Wrapped is an end-of-year Spotify campaign that allows Afrobeats meets tech🎶 By [VA Weekly]( • Issue #126 • [View online]( Hello Venturer,
Ever heard of Spotify Wrapped? Wrapped is an end-of-year Spotify campaign that allows listeners deep dive into their most memorable listening moments of the year. Mine had me pretty excited.
This year I explored 28 different genres of music; Nigerian pop being my top genre and Burna boy, my top artiste. I am in the top 0.5 per cent of Burna boy’s listeners this year, a badge I wear with honour. This means I contributed to his wealth, and it had me thinking about how much money musicians make from streaming platforms like Spotify.
But streaming is just one way these artistes generate income.
Musicians make big bucks from music publishing, merchandise, tours, brand partnerships, and more, including tech. In recent years, afrobeats artistes have started to build partnerships with tech companies. The tech boom in Africa has brought an unlikely and underexplored merge between afrobeats and tech.Â
It gets more interesting. Many afrobeats artistes have moved from forming partnerships to investing in tech and even launching tech startups. Talk about creating multiple streams of income. This week we look at some afrobeats artistes that have invested in tech.Â
Boluwatife Areola
Content developer, Ventures Africa. What's New? These afrobeats artistes are investing in tech More than ever, the music industry is forming a marriage with tech. While some are focusing on tech as it concerns the music industry, others are pushing their knives deeper into the pie. There are several other afrobeats artistes in tech. But these are the active investors. Here are the most notable afrobeats artists funding tech startups in Africa.[Learn more](. What is causing fuel scarcity in Nigeria? Nigerians are not strangers to fuel scarcity. It has almost become a ritual. At least once a year, they endure long queues at filling stations or buy at higher prices at black markets. And December is one of the likeliest times they’ll have this experience. People spend a sizeable portion of their holiday hustling for fuel at filling stations. [Read more.]( How this sneakerhead is leading a conversation around shoe care in Nigeria Sneaklin is all about shoe care. It is a premium shoe care brand that handles everything from shoe laundry to providing quick tips on shoe care. Founded in 2020, Sneaklin is one of the businesses successfully leading the shoe care and laundry industry in Nigeria.[ Learn more.]( My Pivot Journal: Barnabas Inyangsam’s journey to becoming a product designer Going by his track record, Barnabas Inyangsam can be described as a fashionista. However, the 2020 pandemic and a slew of responsibilities made him realize he had some other unexplored potential. Presently, he is a product designer, but earning the title was not an easy feat. He paid with his sweat.[ Read more](. Meet Aderonke Ajose-Adeyemi, the woman building an infrastructure for seamless ecommerce in Africa Aderonke Ajose-Adeyemi is the founder and CEO of Losode, an e-commerce platform for African vendors. The startup, which initially launched in the UK as a fashion platform, three years ago, has evolved into something bigger. [Read more](. Weekly economic index: A crypto tax, fuel scarcity, and more layoffs Zainab Ahmed, minister of finance, budget and national planning, said there is a provision to tax cryptocurrency and other digital assets in the 2022 finance bill. [Read more](. Our Weekly Collectibles - Will Artificial Intelligence eventually replace search engines? Apparently, some people think so. Find out what [ChatGPT, the viral social media AI]( is all about.
- What’s more interesting than scammers getting caught? [Scammers getting scammed out of millions of dollars](
- We’ve heard about and celebrated the return of stolen artefacts in Nigeria. But those who fought for its return are experiencing a [bittersweet aftertaste of victory](.
- What would it look like if West African culture inspired a fantasy story? Find out in [Children of Blood and Bone (Legacy of Orisha)](. VA BIZ HIVE: The Agric Issue The need for a technological footprint has given rise to an agritech ecosystem on the continent. Startups in this space are proferring technological solutions to problems faced in the agricultural sector with ultra-modern technologies like drones, automated irrigation systems, soil sensors, etcetera. [Read more.]( #VANUGGET Remember to stay safe Did you enjoy this issue? [VA Weekly]( By [VA Weekly]( Ventures Africa is an online business news site and community that produces stories about an evolving Africa. Our stories inspire people to positively shape their environment. We cover business, policy, innovation and culture in Africa. [Tweet](    [Share]( In order to unsubscribe, click [here](. If you were forwarded this newsletter and you like it, you can subscribe [here](. Powered by [Revue](