TechCabal News

Director Kunle Afolayan on the set of his new movie, which will be distributed on Netflix. Photograph by Kunle Afolayan

Meet Nigeria's Nollywood, the world's second largest movie industry

Last year, data was released showing that Nollywood is a $3 billion industry. It is bigger than Hollywood by volume, and right behind India’s Bollywood.

Dealdey raises $5M in series B funding from Swedish investment company Kinnevik. Credit: techcabal.com

DealDey raises $5M in series B funding from Swedish investment company Kinnevik

DealDey, a Nigerian ecommerce website that aggregates discounted goods and services, has raised $5 million in follow-on funding. DealDey’s second round of funding comes from its original investor, Kinnevik.