Martin Siele

1 week ago | semafor.com | Martin Siele

Leading Nigerian record label Mavin is trying to unlock Africa’s music-touring potential by developing regional performance circuits and breaking into a global market dominated by Western nations. The global rise in popularity of African music in recent years has seen successful homegrown artists gross tens of millions of dollars in touring revenues — mostly in markets outside the continent, particularly in North America and Europe.

1 week ago | yahoo.com | Martin Siele

Leading Nigerian record label Mavin is trying to unlock Africa’s music-touring potential by developing regional performance circuits and breaking into a global market dominated by Western nations. The global rise in popularity of African music in recent years has seen successful homegrown artists gross tens of millions of dollars in touring revenues — mostly in markets outside the continent, particularly in North America and Europe.

2 weeks ago | semafor.com | Martin Siele

African basketball organizations are actively seeking financial backers in preparation for a franchise bidding process in the Basketball Africa League, Semafor has learned. The NBA-owned league aims to award an initial set of franchises by year end, according to investors and executives who spoke to Semafor on condition of anonymity as they are not authorized to discuss the plans.

2 weeks ago | flipboard.com | Martin Siele

20 hours agoBAL x Wave Tournament | Opening Weekend Highlights at UCADThe Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and the National Basketball Association (NBA), is a new professional league featuring 12 club teams from across Africa. The BAL builds on the foundation of club competitions FIBA has organized in Africa and marks the NBA’s first collaboration to operate a league outside North America.

1 month ago | semafor.com | Martin Siele |Alexander O. Onukwue

Nigeria remains open to cryptocurrency companies, its information minister told Semafor, even as the government pursues an $80 billion lawsuit against Binance, the world’s largest crypto exchange. Abuja filed the multibillion-dollar legal action against Binance last month over economic losses it says were caused by the firm’s operations in the country, months after it detained one of the company’s US staff members, Tigran Gambaryan, in a money laundering case.