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Afrobeats Artist Davido Raises $600K Via Social Media For Orphanages Across Nigeria

Afrobeats artist Davido took to his Twitter platform on Nov. 17 to make a bold financial request of his social media followers that would cement a new tradition for the “Fall” singer to celebrate his birthday. “If u know I’ve given you a hit song .. send me money,” he said via Twitter. If u know I've given you a hit song .. send me money …. una know una selves oo 😂😂😂🥰🥰🎉🎉 — Davido (@davido) November 17, 2021 The newly turned 29-year-old followed the tweet by sharing his Wema bank account information and jokingly telling his supporters he would need $100 million Nigerian naira ($243,000 USD) to clear his Rolls-Royce from a port. Within minutes, the Nigerian-American artist had racked in over $15,000 USD and he made sure to keep fans and his peers updated with screenshots of incoming transactions. The amount would soon climb to $200 million Nigerian naira (over $487,000 USD) shattering Davido’s expectations. Then, Davido shared with his audience of 22 million users on his Instagram...

Nov 22, 2021

Sisters Turned Founders Become The First Black Women In Kansas To Raise $1M In Funding

QuickHire, led by sisters Deborah Gladney and Angela Muhwezi-Hall, broke barriers becoming the first Black women in Kansas to raise over $1 million in funding. In a seed round led by MATH Venture Partners, the career development platform raised $1.41 million. Sandalphon Capital (Chicago), KCRise Fund (Kansas City), October Minority Impact Fund (Kansas City), Tenzing Capital Ventures (Wichita), Accelerate Venture Partners (Wichita), Sixty8 Capital (Indianapolis), Ruthless for Good (New Orleans), Revolution’s Rise of the Rest Seed Fund (D.C.) and ETF@JFFLabs (Boston) also participated in the round. Gladney told AfroTech exclusively that it’s easy for investors to focus on what makes a Black startup different. However, they felt it was important to seek out synergies with investors who focused on what brings them together. Doing so brought their search to investors in the Midwest region and venture capital firms who have shown support for minority and underserved founders. The ideation...

Nov 19, 2021