Entertainment/Arts/Culture
Why Music Star, ‘Mr Eazi’ is investing in Rwanda
Indications have emerged why popular music star, Oluwatosin Ajibada, popularly known as Mr Eazi, chose Rwanda as the next investment destination for his businesses.
Eazi made the disclosure in a statement made available to newsmen on Thursday in Lagos.
According to him, Rwanda is fast turning into a preferred location for technology and innovation through a combination of visionary leadership and investment in infrastructure.
He said that the Rwandan Government had shown a high level of commitment to entrepreneurs and innovators.
“I am impressed by the processes in Rwanda and encouraged by the ease of doing business.
“The regulatory efficiency and support from the Rwanda Development Board, Ministry of Trade, Kigali International Finance Center, and other regulatory bodies has enabled us to kick off operations in the country in less than a year from the incorporation stage,” Eazi said.
The music star had invested in the fintech sector through PawaPay, a U.K.-based and Africa-focused payments company backed by his venture capital fund, Zagadat Capital.
“In August, Zagadat invested in PawaPay through its seed funding round.
“With 10 million transactions per week totaling 257.4 million transactions worth $1.2 billion, recorded in 2021, PawaPay is positioned as an industry leader in high volume mobile money payments on the continent.
“Pawapay, which previously launched in Zambia, Cameroon, Kenya, Tanzania, Uganda and Ghana, is now fully operational and live in Rwanda after fulfilling all regulatory requirements,” he said.
The statement noted that Eazi’s investment across the continent was setting the young entrepreneur on a path to changing the narrative and defining “The New Africa.”
The music icon also recently announced the official unveiling of his sports betting and gaming Franchise, BetPawa.(NAN)
Entertainment/Arts/Culture
Burna Boy Announces Release of New Album
Grammy-winning Nigerian Singer Damini Ogulu, popularly known as Burna Boy, has hinted the release of a new album.The “Twice As Tall” crooner disclosed this in a post on his X (formerly Twitter) handle on Monday.He wrote: “Album dropping 12AM.”According to the Afrobeat superstar, the new album will be dropping on July 30.
The announcement came after his recent celebration of the fifth anniversary of his Grammy nominated 2019 album “African Giant”,which he marked with a concert at the kolo Camden, United Kingdom. The multiple award-winning artiste has continued to make headlines for being atthe forefront of exporting Nigerian music with his award-winning albums and historic sold-out concertsIn 2019, he won the Best International Act at the BET Awards, and was named an Apple Music Up Next artist.He also released his fourth studio album, African Giant, which went on to win Album of the Year at the All Africa Music Awards.The album was nominated for Best World Music Album at the 62nd Annual Grammy Awards and he clinched the African Artistof the Year at the 2020 Ghana Music Awards.Burna Boy released his fifth studio album, ‘Twice as Tall’, in August 2020, which fetched him the Best World Music Album atthe 63rd Annual Grammy Awards.His sixth studio album Love Damini was released in 2022 and became the highest debut of a Nigerian album on the Billboard200 chart.Love Damini also became the highest-charting African album in France, the Netherlands and the UK.In October of same year, Burna Boy was awarded the Member of the Order of the Federal Republic plaque for his achievementsin music.In 2023, Rolling Stone ranked him number 197 on its list of the 200 greatest singers of all time and he won his fourthBest International Act at the BET Awards in 2023, among others.He made history again when his his 7th album, ‘I Told Them’ released in October 2023, earned him nominationsfor the 2024 Grammys, which became his fourth consecutive album to be nominated for the Grammys.(NAN)Entertainment/Arts/Culture
N4.5bn for one Song, Social Media Reacts to Rema’s Unprecedented Deal
The news of Rema’s record-breaking performance fee at Anant Ambani’s wedding has sent shockwaves across social media, with many users hailing music as a lucrative career path.
The Nigerian Afrobeats sensation reportedly pocketed a whopping N4.5 billion (three million dollars) for performing just one of hit songs, ‘Calm Down’, at the high-profile event, leaving many in awe.
Rema performed at the wedding of Asia’s richest man, Mukesh Ambani’s son, Anant Ambani, and daughter of pharma tycoons, Viren and Shaila Merchant, Radhika Merchant.
The event held on Friday at the Jio World Centre in Bandra Kurla Centre (BKC) in Mumbai.
Canadian singer, Justin Bieber, was also paid 10 million dollars for his performance at the event, according to reports.
Pop star, Rihanna, also performed at the event for an undisclosed fee.
Social media platforms are buzzing with excitement as aspiring musicians and music enthusiasts alike are drawing inspiration from Rema’s achievement.
The news has also sparked a renewed interest in the music industry, with many youths seeing Rema’s success as a motivation to pursue their own careers.
@Solomon_King says on X, “Hold up, let us get this straight, Rema just bagged a whopping N4.5 billion ($3 million) for singing one song at some rich kid’s wedding?!
“One song? We’re talking about a sum that could solve Nigeria’s economic problems, okay, maybe that’s an exaggeration, but you get the point.
“Rema just made more money than I’ll see in a lifetime and I’m still struggling to pay my rent.
“I need to start singing.”
@OlamideAngel said, “I’m quitting my job to become a musician, or maybe just a wedding singer.
“We’re dying over here! Meanwhile, Rema’s just over here living his best life and we’re not hating. In fact, we’re low-key inspired to step up our music game.
“On a more serious note, this achievement is a testament to Rema’s hard work and talent. We’re proud to see African artistes making waves and getting the recognition they deserve.”
@Perryblack, an X user, said, “Back then y’all mocked Rema for sounding “Indian” when he broke out. Now he was paid $3m to perform a song at Anant-Radhika’s wedding in India.
“Trust your music, Trust the process. Maybe I will go with Portable that said music money is bigger and better than football money.
“We thought Rema was goofing when he said he’s the future. He said he’s the next wizkid but we are not taking him seriously. Big ups boy.”
According to @blacktribemusic, “ Only this Rema’s song alone has made him one of the biggest artistes in Africa. Bigger than the top guys una dey reason self.
“Rema is too big to be underrated by Nigerians, he’s just 22 but making more money.
“Another day to remind y’all that music money is longer than football own.”
On the contrary, @cassandra mentioned that the billionaire should have used the money to feed all the poor Indian citizens.
“That country dey suffer, why can’t he donate this money to the poor. Isn’t India one of the poorest countries in the world?
“I swear the billionaires don’t think of the poor chaii!
“Just $1k is enough for like 1 million people and
they will appreciate it and pray for you, it is more than all this show off,” she said.
Also, @UcheMark said, “They all belong to the same cult. Even from the beginning of Rema’s career, we can already recognise his affiliation with India (voodoo).
“Also, his recent use of devilish symbols and colours is enough evidence. Birds of a feather.”
@chocolatechic said, “I will never be poor.” (NAN)
Entertainment/Arts/Culture
I Learnt Humility from Wole Soyinka, Says Ara
Female talking drummer, Aralola Olumuyiwa, popularly known as “Ara”, says Nigerian Nobel Laureate, Prof. Wole Soyinka, taught her humility.
Ara said this in an interview on Friday in Lagos while commending President Bola Tinubu for renaming the National Arts Theatre as Wole Soyinka Centre for Culture and Creative Arts.
The drummer urged the Federal Government to continue to honour thespians while alive.
“This development is highly welcome, the first black nobel laureate we have, honestly, he deserves more.
“He is 90, we don’t know how long we are going to have him here. I am very proud of him and his achievements. We should make it a habit to always honour our thespians.
“2007, my first encounter with Prof. Soyinka, I attended an event organised in his honour, so, I was invited as one of the artistes to perform, after the event, he invited me to his house where he asked me “Why the talking drum”?
“Also, during my 40th birthday years ago, he sent goodwill messages to me, which meant a lot to me.
“I learnt humility from Prof. Soyinka, he does not allow anyone carry his bag, I was only opportune to carry his bag once, that was after dragging it from him. This speaks volumes to me,” she said.
Ara described Soyinka as a great respecter and lover of African culture, urging the younger generation to emulate such from him.
“Another virtue people should emulate from Soyinka is that he is a real and genuine individual, so, I challenge everyone, dare to be you, dare to be different, don’t be anybody,” she said. (NAN)