Nigerian Billionaire Deji Adeleke donates N500 million to launch Osun Security Trust Fund
Billionaire Deji Adeleke, father of music star Davido, has donated N500 million to the Osun State Security Trust Fund launched by his brother Ademola.
Davido
Burna Boy, Davido, Wizkid drive Nigerian entertainment industry toward $13.6 billion
Nigeria’s entertainment industry is projected to hit $13.6 billion by 2028, led by Burna Boy, Davido and Wizkid.
Davido sets sights on Nollywood with upcoming film investments
The multi-platinum hitmaker is ready to invest hands-on in Nigeria’s creative economy, starting with film.
Burna Boy, Davido, others out earn South African counterparts in $10 billion Spotify royalty payout
Spotify reports that around 250 million user-created playlists now feature at least one Nigerian artist, while 220 million contain a South African.
Davido balances Afrobeats stardom with role in father’s billion-dollar power company
Away from the bright lights and sold-out arenas, Davido plays a key role in his family’s billion-dollar power company, Pacific Energy Company, a top player in Nigeria’s power sector.
Davido donates $200,000 to orphanages throughout Africa’s largest economy
This builds upon previous philanthropic endeavors, including a N250 million ($166 million) donation to 292 orphanages in November 2021 to commemorate his 29th birthday.
Nigerian multi-award-winning artist Davido donates more than $300,000 to orphanages across Nigeria
While Davido’s philanthropic efforts are commendable, his music career continues to soar to new heights.
Nigerian multi-award-winning artist Davido to rake in over $20 million in 2023
Having graced the cover of Forbes Under 30 Africa, Davido headlined the prestigious 30 Under 30 Africa Summit in Gaborone earlier this year.