July 18, 2022 By News Editor

Orin Fund charts new era for African music

Digital Music Commerce and Exchange Limited (DMCE) has announced its flagship product, Orin Fund in partnership with chordCash. According to DMCE President Oyinkansola Foza Fawehinmi, any African artiste can acquire the funds they need for their project between 7-14 days.

DMCE Chief Operating Officer Olayinka Ezekiel said, “our mission is to place African creators at the center of the entertainment value chain. Orin Fund is bolstered by a team with extensive finance, entertainment and media
experience. Our new product approach leverages global best practice but is adapted to fit the African context and opportunity.”

Eric Palumbo, Head of Partner Activation & Growth Marketing at chordCash disclosed that “chordCash is honored to become DMCE’s chosen partner to join their mission in empowering artists across Africa through Orin Fund. Independent African musicians will have access to funding that helps expand their global reach without having
to sacrifice ownership of their music or control of their careers. Our data-driven funding model combined with DMCE’s expertise in intellectual property will make Orin Fund a powerful new resource available to artists looking to take the next steps in their career growth.”

Founded in 2018, Digital Music Commerce and Exchange Limited (“DMCE”) is an African-focused company that is set to redefine the intellectual property valuation, collateralization, and general monetization of the African music space.

They are currently established in Ghana, Tanzania, and the USA with Nigeria as the headquarters. Through Intellectual Property valuation, protection, management, administration— and now funding, it gives every artist the means to thrive and own their craft.