News Brief
Photo: Ikenna Nwagboso (BANKU MUSIC)

Mr Eazi Launches Africa Music Fund

The financial venture is raising $20 million to invest in African creatives, with the goal of setting them up with economic and creative freedom.

Nigerian musician Mr Eazi has revealed the creation of the Africa Music Fund (AMF) with 88mph, which invests in mobile/web-based startups, as lead investors.

The music fund was created to shake up the music business across the Africa continent, providing direct financial support to African artists to master their crafts. Of the project, Mr Eazi says, "AMF will give African creatives the ability to create content without worrying about the financial burgers of production."

Music from across the African continent has been a hot commodity in recent years, with the popularity of Afrobeats and the rising Amapiano genre as a few examples.

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Listen to Mr Eazi's New EP 'One Day You Will Understand'

The four-track EP is the latest project from the Nigerian artist and features C Natty and King Promise.