Backing the next Wizkid: tech platforms want you to invest in the next … – TechCabal

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A person wearing a white shirt stands on a stage with red lighting, flanked by two black armchairs, as

Nigeria’s films were once regarded as the country’s most significant cultural export. But ask anyone these days, and they’ll tell you it’s Afrobeats. It has birthed global stars from Nigeria and one Netflix documentary. The genre is gaining global appeal, with a Grammy award win for Burna Boy and the Grammy awards considering an Afrobeats category. So there’s a ton of money to be made if you find and fund the next big Afrobeats star. That argument has led to many failed record labels. Still, some argue that…