Mr Eazi (left) and Tekno (right)
Nigerian musician, Tekno, has signed an investment deal with Mr. Eazi’s emPawa Africa, a music recording company headquartered in Lagos, Nigeria.
The deal will see Tekno’s Cartel Music releasing a number of new music – including a song titled ‘WAYO’ – via emPawa Africa. In addition, Tekno plans to invest as a shareholder in emPawa Africa during the company’s next capital call round.
emPawa Africa has been at the forefront of discovering and nurturing emerging talents across the African continent, building a launch pad for these artistes to shine on the global stage. The company has been working with artists such as Joeboy, Major League DJz, Fave, King Promise, Minz and DJ Neptune, among others.
Announcing the deal on X formerly Twitter, Mr. Eazi said: “With this deal with Tekno and Cartel Music, we are ushering in a new phase of emPawa. ”
He added “This phase will see us partnering with African artists at different stages of their careers who want to maintain financial and creative freedom, yet move from talent for hire to equity participation. It’s a first-of-its-kind deal for afrobeats.”
