10 Companies Owned By Black Coffee
Whilst Black Coffee is widely known for rocking people on stages across the globe and releasing over 9 award winning studio albums, he is also a serial entrepreneur who has dipped his fingers in some of the biggest tech companies in SA. Here is a list of 10 Companies Owned By Black Coffee or companies the acclaimed DJ is known to be a shareholder of.
Gallo Record Company
Black Coffee’s FlightMode Digital concluded a deal acquiring a signficant stake in Gallo Music Investments (GMI), from Lebashe Investment Group for an undisclosed amount in May 2020. Gallo Record Company has been in business for more than 90 years and is focused on the acquisition of music rights, representing artists, recording, manufacturing, digital and physical distribution, and the sale of pre-recorded music and video in SA and internationally. As an established and iconic music label, it boasts a stable that includes some of the biggest artists to come out of South Africa.
Zone 6
Black Coffee became the owner of Zone 6 in June 2017. The venue has hosted the likes of AKA, Kwesta and Cassper Nyovest, as well as events such as The Supa Mega Show, Black Coffee’s BET celebration, Authentic Sundays and MTV Base music concerts. The venue has a holding capacity of 4 000.
Yoco
Black Coffee has equity in Yoco which is an African technology company that builds tools and services to help small businesses get paid, run their business better, and grow. They believe that by opening up more possibilities for entrepreneurs to be successful, they can help create more jobs, enable people to thrive and help to drive our economy forward.
Black Coffee has equity in SweepSouth’s which aims to modernise home services and to be the African pioneers in bringing technology to the industry. With over seven thousand cleaners, and thousands of satisfied customers being served monthly, they are just getting started. Their mission is to create happy homes by providing dignified, flexible work at decent pay to their SweepStars.
Andela
Black Coffee has equity in Andela, which aims at solving the global technical talent shortage by building distributed engineering teams with Africa’s top software developers. In four years, Andela has hired 1,000 developers out of more than 100,000 applicants and become known as the “Best Place to Work in Africa,” with tech campuses in Lagos, Nairobi, Kampala, and Kigali. Backed by Chan Zuckerberg Initiative, GV and Spark Capital, Andela is powering global engineering teams while catalyzing the growth of tech ecosystems across the African continent.
Epione Healthcare Solutions
Black Coffee has equity in Epione Healthcare Solutions (“Epione”) a partnership between clinicians, investors, operators and strategists established to develop, invest in, own and operate healthcare facilities in Africa. Their vision is to become the largest provider of quality, affordable and sustainable healthcare services for all. They are executing a twopronged strategy in primary and secondary healthcare anchored on a TRUE PARTNERSHIP with clinicians.
GOSPËL
Black Coffee has equity in GOSPËL which is based on the belief that music and creativity is the most powerful spiritual connection there is. GOSPËL was established in SoHo in 2017 as a house for the arts community and its audiences who have collectively created a home in New York City. GOSPËL is a restaurant, a stage, and a haven to unplug and reconnect. GOSPËL’s mission is to provide a meeting point of creativity beyond nightlife, and to establish a place for imagination to replenish; to find inspiration and revel in comfort through the ritual of shared food with live music.
Yamee
Black Coffee has equity in Yamee which helps food merchants in Africa grow their businesses by providing eCommerce solutions that give them access to digital customers, payments and additional business models – as well as provide convenience to end users by disrupting the way they eat.
Rensource Energy
Black Coffee has equity in Rensource Energy, a leading provider of off-grid energy. It is uses best-in-class technology, financial innovation, and a robust operational infrastructure to build West Africa’s largest portfolio of microutilities.
Rocean
Black Coffee also has equity in Rocean which is not only committed to sustainable, eco-friendly and transparent practices, but to innovative design and simple solutions. What is the problem they tackling? More than 8 million tons of plastic are dumped into our oceans every year. That’s why they are creating smart home products that make a positive impact and reduce the world’s reliance on so-called ‘disposable’ plastic.
GongBox
GongBox is an app that combines music-streaming and social-networking elements to become a home for African music. Wherever you are in the world, GongBox gives you access to the library of the continent’s music of any genre. Created by African artist Black Coffee, GongBox allows musicians to stay independent, owning 100% of their creations.