Arts, Entertainment, Culture • Music

Nigeria: Musician Mr Eazi raises $20 million for African music creatives

Nigerian singer and entrepreneur Mr Eazi raised $20 million with his Africa Music Fund. The musician wants to offer funding and financial support for African music creatives. One of his main investors is Pan-African seed fund 88mph.

Mr Eazi said: "Artists cannot go to banks to get money for their music because financial institutions don't understand how to secure intellectual property. They get it for physical properties but not for music. So, because not a lot of people understand the music business, there is no finance product for musicians."

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Card reviewed by: @ericof