MR.EAZI SOLD THE BIGGEST DEAL IN THE HISTORY OF AFROBEAT.

 

 

Mr. Eazi, is a Nigerian singer, songwriter, and businessman. Eazi, who was born on July 19, 1991, in Port Harcourt, Nigeria, grew up in Lagos and began writing songs while he was just a teenager. He has put out numerous popular tracks, such as “Leg Over,” “Pour Me Water,” and “Tony Montana” with American rapper Tyga.

 

Eazi founded emPawa Africa, a talent incubator that offers assistance and guidance to aspiring African musicians, in addition to his profession in music. His lyrics frequently discuss topics of love, relationships, and the African experience, and his music is a combination of Afrobeat, R&B, and highlife.

For $1 billion, he sold Vydia, a portfolio company of his venture capital firm, Zagadat Capital. Gamma, an American company, purchased the company that provided the infrastructure for digital audio and video distribution. Ex Apple Music executive Larry Jackson owns the music and technology company.

 

Since establishing the venture capital fund Zagadat Capital in 2021, the business has made investments in tech firms like Eden Life, the African fintech Pawapay, the Capetown Tigers basketball franchise in South Africa, and the remittance-based financing firm Paisa.

 

The music streaming service empawa is also owned by Mr. Eazi. Prior collaborations with the site and artists include Mr. Eazi, Fave, Joeboy, Darkavibes, and Bella Alubo. Regarding the deal's completion, it was stated that Vydia embodies perfectly Gamma's goal of transforming into an ideas firm. The agreement is the largest in Afrobeats historiography.

 

 

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