Why Jay Z Chose to Invest in Uganda, Nigeria but Not in Kenya

Jay Z, Tiwa Savage & P Diddy, Jomo Tv

 rapper Jay Z has revealed why he snubbed Kenya, among other African countries, and settled for Uganda and Nigeria as he seeks to expand his music empire in Africa.
The 48-year-old artiste, whose net worth stands at $900 million (Sh90 billion) according to Forbes, expanded his Tidal Music Company business, opening the second branch in Africa in the capital of Uganda, Kampala.
According to Tidal bosses quoted by Billboard, the two countries were chosen as launch pads because of their youthful population.

IDEAL MARKET
Approximately 78% of Uganda’s population is below the age of 30 years, same as Nigeria with an approximate of 83% thus making them ideal target market for Tidal services.
Tidal, a US based music streaming service founded by Jay Z, commenced its business in Kampala a few days ago after an official launch.
The launch was done in partnership with Uganda’s largest telecom company MTN which will give it access to its over 10.5 million subscribers.
Tidal will also host Ugandans’local music on its service in addition to its already vast catalogue.
The company is planning a similar roll out to Nigeria.



DISCLAIMER : jomotv.com do not claim ownership of any of the Songs OR News that we upload or post, and any copyright infringement complaints will be executed immediately! It is our policy to honor all take-down requests! If You Feel Your Rights Are Being Infringed Upon, Email Us : jomotvonline.com@gmail.com Promote Your Music, Video, Comedy Skit Here On JomoTv.com whatsapp:- +2348109403485 or call: +2347016093180

Comments

Post a Comment

Popular posts from this blog

Deploy .NET Framework 3.5 by using Deployment Image Servicing and Management (DISM)

You can use the Deployment Image Servicing and Management (DISM) command-line tool to create a modified image to deploy .NET Framework 3.5. Important For images that will support more than one language, you must add .NET Framework 3.5 binaries before adding any language packs. This order ensures that .NET Framework 3.5 language resources are installed correctly in the reference image and available to users and applications. Using DISM with Internet connectivity Requirements Internet connection Access to Windows Update. If the PC or server is behind a firewall or uses a proxy server, see  KB900935 - How the Windows Update client determines which proxy server to use to connect to the Windows Update Web site . Windows 8, Windows Server 2012, or the  Windows Assessment and Deployment Kit (ADK)  tools. Installation media Administrator user rights. The current user must be a member of the local Administrators group to add or remove Windows features. For an online reference image that can acc
Read more

How A 26 Year-Old Becomes Richest Man In Nigeria Internet Making Money Online

Image
1em auto; padding: 0px;">My name is Alex Buhari, I’m 28 years old and I live in Kanos. A week ago I bought  a new Mercedes , as it’s six months since I worked at the car wash and barely had enough to feed my family. Now I’m going to tell you how a casual meeting changed my life and gave me the chance to earn $2000 a day. I’ll tell you a little about myself. Poverty – that’s how I would describe my whole life. My parents lived in poverty, I never went to university. After finishing school, I went to work at a car wash. When I was young, my salary was sufficient for me. But when I got married and my daughter was born, I started getting into serious financial problems and permanent debt. What to do – I had no idea; the debts were mounting but I couldn’t quit the job because it was my only source of income. Mercedes   One afternoon a new BMW drove into the car wash. A young man stepped out of the car, he looked to be around 18 to 19. I was always amazed how young people could
Read more

Kanye spotted In Uganda Rocking Nigerian Hit Songs

Image
Rapper  Kanye West  and his family are currently in Uganda, and shortly after their arrival, the rapper was spotted seriously dancing to ‘Immediately’ by Mystro featuring Wizkid and later to Burnaboy’song. See Video:  The rapper and his family arrived at Entebee International Airport Friday with a huge entourage.  Kanye’s told newsmen that he is in Africa to “feel the energy.”  They will be there till October 19th.According to reports, Kim is so excited that she wants to extend their stay. Kanye is working on his next album, which will be produced and shot in Uganda. Big Sean is at the hotel as well, most likely to collaborate with Kanye on the album. DISCLAIMER : jomotv.com do not claim ownership of any of the Songs OR News that we upload or post, and any copyright infringement complaints will be executed immediately! It is our policy to honor all take-down requests! If You Feel Your Rights Are Being Infringed Upon, Email Us : jomotvonline@gmail.com Promote Your Music, V
Read more