Cubana is one of the most iconic night clubs in Nigeria, but people get confused as to wether Cubana Chief Priest is its owner.
Let’s put you out of that misery: Obi Cubana is the CEO, the oga kpata kpata. He runs things from behind the scenes. Cubana Chief Priest is a high executive in the Cubana company. In fact, he is the face of the company.
Popular Quora user Ifeanyi Maduka has listed the groups he says are Nigeria’s 3 major tribes. And they are not the groups you’ll expect. He wrote;
Nigeria has 3 major tribes:
The Super Rich (Politicians and their business fronts):
The middle class (Genuine Business people and well paid workers in the private sector) They support and grow the economy. The good people of diaspora belong here too. They remit money into the economy to support family and friends:
The Poor: They beg and get handouts from the upper echelons. Politicians use them during elections to cause chaos if they can’t buy their votes.
As you can see below, there are growing ties between Silicon Valley and Nigeria.
Goldman Sachsis a major backer of Jumia, the Nigeria headquartered e-commerce venture that became the first VC funded tech company in Africa to IPO on a major exchange, the NYSE in 2019.
Goldman also led a $20 million round last year for Nigerian trucking logistics companyKobo360.
The U.S. bank’s investment in tech companies operating in Nigeria runs parallel to those by Visa, Mastercard, and SalesForce Ventures.
Nigerian tech is also home to a growing number of founders with ties to the U.S. and startups with operations in both countries. Nigerian fintech companyFlutterwave, whose clients range from Uber to Cardi B, is headquartered in San Francisco with operations in Lagos. The company maintains a developer team across both countries for its B2B payments platform that helps American companies operating in Africa get paid.
MallforAfrica — a Nigerian e-commerce company that enables partners such as Macy’s, Best Buy and Auto Parts Warehouse to sell in Africa — is led byChris Folayan,a Nigerian who studied and worked in the U.S. The company nowemploys Nigerians in Lagos and Americansat its Portland processing plant.
Africa’s leading VOD startup,iROKOtvmaintains a New York office that lends to production of the Nigerian (aka Nollywood) content it creates and streams globally.
Andela,a tech-talent accelerator with over $180 million in VC, was co-founded by AmericanJeremy Johnsonand Nigerian entrepreneurIyinoluwa Aboyeji.The company has offices in New York and Lagos and employs over 1000 engineers.
Over the last five years, Silicon Valley’s ties to Africa and Nigeria have grown. There are a number of Nigerians working in senior positions in the Bay Area, such asIme Archibongat Facebook — the U.S. company that opened an innovation lab in Nigeria in 2018, calledNG_Hub.