News
Big Cabal Media Raises $2.3mn to Fuel Audience Growth & Build New Verticals


Big Cabal Media [BCM], a pan-African media company headquartered in Nigeria, has announced the close of its Seed Series fundraising round at $2.3million, led by MaC Venture Capital, with participation from Luminate, Unicorn Group, Future Africa and a range of angel investors.
BCM has previously raised about $620k in angel and pre-seed funding between 2016 and 2020. Known for creating engaging, agenda-setting content and journalism through its online platforms, TechCabal and Zikoko, as well as its content studio and digital consultancy arms, the new raise will allow BCM to grow its audiences, build out new technology products and further consolidate its position as one of the most important media and technology brands across Africa.
Launched in 2014, BCM has grown to become one of the most powerful media businesses covering technology and youth culture on the continent. Its publication, Zikoko, which reaches over twenty million readers monthly, reflects and amplifies the most urgent elements of youth culture in Nigeria.
TechCabal, the company’s flagship publication, is perhaps the most important publication covering Africa’s burgeoning technology ecosystem; combining high-quality reporting, daily newsletters and events that draw the biggest operators and investors together. In addition to building content and news platforms, BCM has grown its services to include Cabal Creative, an in-house content studio that has produced content for global brands such as Google, Uber and Coca-Cola; and TC Insights, a data analytics consulting service focused on custom research, industry strategy and digital transformation projects.
African startups raised an estimated $4.7bn in 2021, with fintech startups receiving approximately 63 percent of that volume. Digital media has not been a big part of that funding equation, despite Africa having one of fastest growing digital media sectors globally, with millions of Africans coming online for the first time looking for original and engaging content tailored for their needs.
Speaking on the business opportunity and this funding round, CEO Tomiwa Aladekomo says, “Africa is seeing explosive growth across its tech industries, and content is a critical component of that. Today, Big Cabal Media (BCM) leads the most engaging conversations around innovation, entrepreneurship, culture and all the things that matter to a dynamic, growing continent.
Our publications, TechCabal and Zikoko are some of the most exciting digital media brands anywhere in Africa, and we’ve shown real capacity for business innovation in growing the business and launching new units like Cabal Creative and TC Insights.
We’re thrilled to have new funding and partners who recognize the opportunity to build a truly global media and technology operation from Africa.
This round will allow us to invest deeply in technology products and our own tech stack, video production arm, and growing our reach across and beyond the continent.”
Statista reports that 60 percent of Africa’s 550m internet users are under the age of 25. Nigeria, where Big Cabal operates from, is one the largest internet markets, with over 154m people on the internet and a fast-growing tech sector that is rapidly transforming the economy.
Traditional media companies aren’t keeping up with the needs of this audience, evolving much more slowly than in America, Europe or even Asia; creating space for innovative media companies like Big Cabal to establish position ahead of competition from local players or even global brands looking to enter the market.
With media business models in flux globally, Big Cabal is as focused on business innovation as it is on content and technology. Tomiwa notes that “we’ve always seen advertising as a critical but insufficient revenue basis for a successful media business.
Our thesis is that we can build high-engagement media brands in valuable niche spaces, and build products and services – like Tech Women Lagos and Jollof Road – to serve audiences, advertisers and other partners.
Part of what this investment will fund is the development of an evolved version of Zikoko Memes, a Giphy-like product focused on African memes, gifs and images, that we first launched in 2020 and has shown great promise.”
“We’re proud to enter this chapter with Big Cabal Media, as we fully believe in its massive potential for further success, scale and global impact,” said Marlon Nichols, Co-Founder and Managing General Partner of MaC Venture Capital, the lead investors.
“Investing in Africa’s booming digital media sector aligns perfectly with MaC’s mission of supporting exceptional entrepreneurs building valuable technology companies that leverage shifts in cultural trends and behaviours.
I have no doubt that BCM will seize this unique opportunity to continue leading conversations in culture and helping digital consumers access the information that matters most to them.”
Dr. Akintoye Akindele, Chairman of Unicorn Group, follow-on investors in the round, said, “since inception, Big Cabal has created original content that engages and resonates with audiences.
This is reflected in its position as one of the best recognised African digital media brands globally. This seed series raise led by MaC Venture Capital positions the company to scale across the continent, deepen its technology stack, and diversify its brand & product offering to cater to Africa’s youthful & growing digital natives. We are excited by this next phase in Big Cabal’s growth.”
The market for African content and culture is more global than ever and Big Cabal Media is creating the brands, content and products for Africa’s new generation of digital-first content consumers and the world.


Digital solutions provider, Globacom, has congratulated Christians in Nigeria on this year’s Easter celebration, and urged them to emulate the noble qualities of Jesus Christ.
The company, in a goodwill message to the Christian faithful in the country, lauded their perseverance through the Lenten period which preceded Easter. It enjoined them to always promote the ideals of selflessness, love and peace among all as a way of demonstrating the virtues of the exemplary life of Jesus Christ.
“Peace, love and sacrifice are the central message of Easter. Christ offered himself in atonement for the sins of the world and he lived a life which made Him an eternal symbol of peace and goodwill for mankind”, Globacom added.
The company enjoined all Nigerians to share in the lessons of promoting selflessness, a necessary ingredient in the growth and development of every society. It also enjoined all Nigerians to join hands to make Nigeria a better place for all.
Easter is celebrated yearly at the end of the Lenten season of fasting and prayer considered as a ritual of purification for the Christian faithful. It also precedes the crucifixion of the Lord Jesus Christ on Good Friday and His eventual resurrection on Easter Sunday.
The company assured its customers of seamless voice, data and Short Messaging Service (SMS) during and after the Easter celebrations, while urging them to avail themselves of the various data and voice offerings on the network.


The Guild of Private Broadcast Managers has extended its heartfelt congratulations to the Nigeria Union of Journalists (NUJ) as it celebrates its 70th Anniversary.
In a congratulatory message signed by the Guild’s National President, Ambassador Patrick Uzoyi-Peters, JP MNGRM, the guild described the milestone as a testament to the NUJ’s unwavering commitment to upholding press freedom, journalistic integrity, and the advancement of democracy in Nigeria.
“For seven decades, the NUJ has played a pivotal role in shaping the media landscape, advocating for the rights and welfare of journalists, and ensuring that the voice of the people remains strong and unyielding. Your resilience, professionalism, and dedication to ethical journalism have been instrumental in fostering transparency, accountability, and national development”.
Celebrating this historic achievement, the Guild’s President, Uzoyi-Peters recognized the sacrifices and contributions of journalists across the nation who work tirelessly to inform, educate, and empower society.
The Guild reiterated it commitment towards collaborating with the NUJ in promoting responsible journalism and strengthening the media industry for the greater good.
While wishing the NUJ continued success, growth, and greater impact in the years ahead, President Uzoyi-Peters prayed that the anniversary serve as a renewed call to uphold the principles of truth, fairness, and press freedom in our collective pursuit of a more informed and just society.
News
Family Marks one-year Memorial of Late APC Chieftain, Ojougboh with Charity Outreach
By Ikenna Oluka


The family of the late chieftain of the All Progressives Congress (APC), Chief Dr. Cairo Ojougboh, led by his wife, Mrs. Bose Ojougboh, marked his one-year memorial anniversary with a series of charitable initiatives aimed at honoring his legacy of philanthropy and service to society.
The memorial activities included the donation of school books and bags to pupils of Erigbe Primary School, in Agbor within the Ika South Local Government Area (LGA) of Delta State, where Dr. Ojougboh had received his early education.
The outreach also included extension of financial assistance to patients at Central Hospital, Agbor, and the provision of toiletries, cash, and food items to children at the Salve Regina Children’s Home, Agbor.
The outreach was carried out under the ‘Dr. Cairo Ojougboh Foundation’, a family-led initiative established to immortalise him and continue his lifelong commitment to education, healthcare, and social welfare.
Speaking during the event which took place recently, Mrs. Ojougboh reaffirmed the family’s dedication to sustaining the ideals of the late APC chieftain, describing him as a man who strongly believed in education and giving back to society.
“We are here to celebrate the life of my husband, Late Dr. Cairo Ojougboh, who passed on a year ago. In his honour, we decided to give back to society. He was a man who valued education and was always willing to help others. It is only fitting that we continue his legacy through acts of generosity,” she stated.
Honouring his passion for education
The first visit was to Erigbe Primary School, where Dr. Ojougboh had received his early education. The Foundation distributed school bags, writing materials, and food packs to the pupils. The family encouraged the pupils to take their education seriously and strive to become responsible citizens.
Supporting patients at Central Hospital, Agbor
At Central Hospital, Agbor, Mrs. Ojougboh and her entourage moved through the medical wards, offering financial support to patients to assist with their treatment costs. The hospital staff and beneficiaries responded with prayers and words of gratitude for the kind gesture.
Reaching out to orphaned children
The outreach team also visited Salve Regina Children’s Home in Agbor where they donated cash, food items, and toiletries to the children.


The Matron of the home expressed her deep appreciation to the Ojougboh family, commending their commitment to sustaining the late politician’s legacy of compassion and social impact.
Dr. Cairo Ojougboh’s enduring legacy
Reflecting on her late husband’s contributions to society, Mrs. Ojougboh emphasised that his legacy of generosity and service to humanity would not be forgotten.
“Dr. Cairo was a selfless man who touched many lives. His contributions to the Nigerian political landscape, his mark in Agbor Kingdom, Delta State, and the country at large, will always be remembered. He may be gone, but his impact will continue to be felt for generations,” she said.
The Dr. Cairo Ojougboh Foundation has pledged to continue supporting education, healthcare, and social welfare initiatives in his memory, ensuring that his vision for a better society lives on.
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