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Tix Africa Hits ₦2 Billion in Sales and Expands to Rwanda and the UK 🎟️ 🇷🇼 🇬🇧

Tix Africa Hits ₦2 Billion in Sales and Expands to Rwanda and the UK 🎟️ 🇷🇼 🇬🇧

#conference
#Sales
#Market Expansion
#Parties
#Ticketing platform
🎉 Tix Africa celebrated a milestone of ₦2 billion in ticket sales in 2023 and is now eyeing new horizons with expansions planned for Rwanda and the UK. Despite economic challenges, Tix continues to thrive, connecting event-goers with memorable experiences. 🚀 Discover how this innovative platform is transforming the ticketing landscape!

Tix Africa's Remarkable Growth and Future Expansion

  • Record-Breaking Sales: Tix Africa recorded ₦2 billion in ticket sales in 2023, a significant increase from ₦884 million in 2022. In the first half of 2024, they've sold over 150,000 tickets, showing resilience amidst Nigeria's inflation.


  • Founders & Vision: Founded in 2019 by Folayemi Agusto and Nosakhare Oyegun, Tix Africa is a ticketing platform that has become integral to Nigeria's event scene, from concerts to conferences.


  • Global Expansion Plans:

Rwanda: Eyeing the 10,000-capacity BK Arena.
UK: Leveraging the Afrobeats craze and targeting tech events, catering to the African diaspora craving cultural experiences.
Funding: Tix plans to raise over $150,000 for these expansions.

  • Strategic Moves:

New Website & App: Launching a new website and checkout experience to simplify ticket purchases. An upcoming app will help users discover nearby events.
Partnerships: Collaborating with Audiomack to provide ticketing tools for African artists.
Past Initiatives: Discontinued Tix Pro subscription in favor of offering full features to all users.

  • Future Vision: Aspires to own a 10,000-capacity event venue, enhancing revenue from both ticketing and events. Their annual Tixieland event serves as a testing ground for new ideas.
  • Revenue Model: Competes with Eventbrite, Nairabox, and Ariya by charging 5% on ticket sales and a small fee per ticket.

Tix Africa continues to innovate and expand, aiming to enhance the event experience for both creators and attendees across the globe. 🌍✨


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