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Nigeria s Plentywaka gets backing from Techstars, plans expansion to Canada

Nigeria s Plentywaka gets backing from Techstars, plans expansion to Canada
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Nigeria s Plentywaka gets backing from Techstars, plans expansion to Canada – TechCrunch

Nigeria’s Plentywaka gets backing from Techstars, plans expansion to Canada Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program. It will join nine other startups in the class of 2021 and secure funding from the accelerator as it sets its sights on global expansion. The Lagos-based company, founded by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi, operates an “Uber-for-buses” model connecting commuters with buses via an app. Plentywaka launched in September 2019, and in the first two months, moved an average of six people daily, according to CEO Akumah. By its sixth month, this number increased to about 1,500 people daily, and the company completed more than 100,000 rides within that time frame.

United statesAbuja federal capital territoryAfolabi oluseyiOnyeka akumahSunil sharmaJohn shaibuTechstars torontoJohnny enaNiche capitalSouth africaஒன்றுபட்டது மாநிலங்களில்கூட்டாட்சியின் மூலதனம் பிரதேசம்சுனில் ஷர்மாஜானி எனமுக்கிய மூலதனம்

Present Day, not Future is Digital, Says Freeman Osonuga

By Omolabake Fasugon “The future is not digital. The present already is. Today’s reality is digital. You are either leveraging it or made irrelevant by it. However, everybody is at different levels of adoption of the reality of digital, its various elements, and its vast influence on business and the global economy today. That is why it is imperative that business leaders come together to chart the course for the digitization of the Nigerian and African economy and future.” This was the position of the MD/CEO of Adloyalty Business Network, Dr. Freeman Osonuga at the Ogun Digital Summit held on the 4th March, 2021 at the June 12 Cultural Centre, Kuto, Abeokuta, Ogun State with the theme ‘’Competency for The Future’’, an event aimed at bringing together great minds and ideas that will results into blueprints to the enhancement of digital technology in Nigeria.

Nigeria generalOgun stateFreeman osonugaOnyeka akumahOmolabake fasugonAdenrele sonariwoMuhammed ibrahim jegaAdebayo kayodAbel adejohAdloyalty business networkCultural centreOgun digital summitWest africaStartup arewaRele art galleryநைஜீரியா ஜநரல்

iNOVO accelerator selects 10 Nigerian tech startups 2 other things and a trivia

iNOVO accelerator selects 10 Nigerian tech startups Seeking through its venture to offer training and mentorship to disruptive solutions, iNOVO accelerator has announced selecting ten Nigerian startups to take part in its programme. The accelerator which was found through a partnership between the UK-Nigeria Tech Hub with the duo of Ventures Platform and Startupbootcamp AfriTech. According to reports, the iNOVO accelerator targets innovative ed-tech, agri-tech and e-health startups. Reports further revealed that the final selection emerged from a list of more than 750 applicants. Earlier, the top 20 teams were invited to participate in Final Selection Day where each team pitched their businesses to some of the most progressive leaders in Nigeria including corporate partners and mentors.

United statesUnited kingdomOnyeka akumahStartupbootcamp afritechShawna rochelle kimbrellJihan abassNellis air forceUnited states airMission commanderUnited kingdom nigeria tech hubVentures platformFinal selection dayTrivia answerRochelle kimbrellLieutenant colonelUnited states air force

TechCabal Daily – Powered by Fans

Soundcloud introduces a new payout structure for artistes Earlier this week, SoundCloud which currently hosts over 250 million tracks from 30 million creators in 190 different countries, announced what they call a Game-Changing New Pay Model For Independent Artists. What’s it called? Fan-powered royalties. A more equitable and transparent way for emerging and independent artists to earn money on SoundCloud. What this means With this move, each listener’s subscription or advertising revenue is distributed among the artists that they listen to, rather than their plays being pooled - benefiting rising independent artists with loyal fans. How are royalties paid by streaming platforms currently?

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