Monetize The Motherland🌍💰💰
#200: African creators play a vital role in enriching the content ecosystem of social media apps yet receive little to no compensation.
Hello Venturer,
I have always wondered why many social media platforms don't compensate African creators despite their active involvement in providing diverse and captivating content on these platforms. From sharing personal stories and experiences to showcasing cultural events and traditions, African users play a vital role in enriching the content ecosystem of social media apps.
Africa's contribution to social media extends beyond mere usage statistics. African creators, entrepreneurs, and innovators actively help shape the digital landscape, drive innovation, and promote inclusive communities on social media platforms.
Addressing these issues requires effort from both social media platforms and the broader community to promote inclusivity, fairness, and equal opportunities for creators from all regions. It involves creating dialogue, advocating for change, and holding platforms accountable.
In a significant turn of events, Meta, the parent company of Facebook and Instagram plans to launch new monetization features in Kenya and Nigeria in June 2024.
This week, we look inside Nigeria and Kenya’s Meta Monetization.
Boluwatife Areola
Content Developer, Ventures Africa
What’s new?
Inside Nigeria and Kenya’s Meta Monetization
In a significant development for African creators, Meta, the parent company of Facebook and Instagram, announced plans to launch new monetization features in June 2024. This news came straight from Meta’s President of Global Affairs, Nick Clegg, following a meeting with Nigerian President Bola Tinubu last week. Read more.
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On Sunday, March 24th, Senegal held its presidential elections. Bassirou Diomaye Faye, 44, is set to be declared winner. But his rise to the presidency is the biggest plot twist in this build-up. Just ten days before the polls, Faye was still a prisoner in the Cap Manuel prison on the southern outskirts of Dakar. Read more.
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Indra Nooyi, in her book, My Life in Full: Work, Family, and Our Future, writes about the lack of access to support networks for women. Despite leading an international organisation, she was denied access to some professional networks solely because of her gender. Read more.
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Soft power - To attract, persuade, influence, and shape preferences through culture. Nigeria has effectively done this through entertainment. Our music, films, and content transcend borders, commanding global attention. As master storytellers, we leverage new technologies to amplify our cultural influence. Please read our latest magazine issue to learn more.
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