This archive report was first published on 17 June 2020.
Launched in 2020, Covibes, a matchmaking platform, connects artists with verified studios and producers worldwide, making it easier for music creatives to find each other and collaborate.
Founded by Stephen Nderitu and Kayode Daniel, Covibes aims to solve the numerous challenges faced by artists and producers in the African music industry.
According to Kayode, "The main goal is to make it easy for music creatives to find each other, collaborate and smile to the bank while at it."
With the demand for African music growing at an unprecedented rate, Covibes aims to bridge the gap between artists, producers, and studios, providing a solution to the industry's fragmentation.
The platform offers several value propositions, including guaranteed payments for both artists and studio managers, 40% time saving on the studio booking process, and up to 20% revenue growth due to access to a larger pool of clients.
For artists, Covibes promises a wide range of choice of producers and studios, assistance in obtaining and reviewing legal agreements, and a wide community of creatives to collaborate and network for career growth.
In response to the recent lockdown, Covibes has created a beat marketplace, allowing producers to sell their digital masterpieces to artists worldwide.