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Nigerian singer, Mr. Eazi, expands business empire, buys shares in South African basketball team

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Nigerian singer, Mr. Eazi, has expanded his fledgling business empire after he announced that he is now a shareholder in a South African basketball team, Cape Town Tigers, based in Gugulethu in Cape Town.

Mr. Eazi who has carved a niche for himself in the business world as a serial entrepreneur with a creative and business vision, revealed his new business interest on Friday via his Twitter handle where he posted that he opted to purchase the shares in order to follow in the footsteps of his mentor, Jay Z.

The “I Surrender” crooner who is also the co-founder of emPawa Africa, a ground-breaking talent incubator program that funds and mentors emerging African artists, said he decided to buy into the basketball team in his effort to further reinforce his role as a changemaker on the continent by pushing the African narrative forward.

Mr. Eazi who is currently in South Africa on business, wrote:

“I read that Jay’z got shares in a NYC basketball team! So I had to do my own to ff my mentor!!

“Happy to announce I am now a shareholder of @CapeTownTigers, the best basketball team in Africa from now going forward! See you at the next game! Honoured to be part of The family,” he posted.

The Cape Town Tigers Basketball team which was founded in 2019, is currently the reigning title holder of the South African National Championship having won two consecutive titles in 2021 and 2022.

The singer who is a Forbes Under 30 alumni, is one of Africa’s entertainers with hands in different business pies and has been featured by the CNN, Rolling Stone, Billboard and Forbes Africa for his forward-thinking approach to business.

Culture

Obama names three African artistes in his Favorite Music list 2024

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In keeping with the tradition of naming his favourite music list of the year, former United States President, Barack Obama, has released his favorite music from 2024, which includes three African artistes.

The Obama Favorite Music list 2024, which he dropped on social media, has Nigerian stars Asake, Rema, and South African Ampiona sensation, Tyla, alongside Kendrick Lamar, Beyoncé, amongst other world-renowned stars.

While dropping the list, the former US President wrote:

“Here are my favorite songs from this year! Check them out if you’re looking to shake up your playlist – and let me know if there’s a song or artist I should make sure to listen to.”

The top picks for Obama’s shortlist were Billie Eilish’s “Lunch,” Jordan Adetunji’s “Kehlani,” Tommy Richman’s “Million Dollar Baby,” Karol G’s “Si Antes Te Hubiera Conocido,” Bonny Light Horseman’s “Old Dutch,” Central Cee, Asake’s “Active,” Lil Baby’s “Band4band,” Rema’s “Yayo”, Karol G’s “Si Antes Te Hubiera Conocido” and “Gata Only” by FloyyMenor and Cris MJ.
and more.

The Obama Favorite Music of 2024 list also showcased a vibrant mix of genres and artists, reflecting his diverse musical preferences, spanning hip-hop, R&B, jazz, and reggaeton, showcasing his appreciation for a variety of musical styles.

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Moroccan tourist arrivals hit record-breaking 16 million

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The year 2024 has seen Morocco celebrate a record-breaking 16 million tourist arrivals, surpassing the 12 million mark set in 2023, with the country continuing to see impressive growth in tourist arrivals.

Data from the country’s Ministry of Tourism, the Directorate of Studies and Financial Forecasts (DEPF) reveals that additional indicators reveal that the sector reached remarkable numbers in just 10 months, surpassing the total number of arrivals typically seen in a full year.

According to the new details from the directorate, which is affiliated to the Ministry of Economy, the country’s tourism revenues reached MAD 96.9 billion by the end of October, an increase of 9.3% compared to the same period last year.

A statement by the Ministry said
Morocco notably reached a new record of 14.6 million tourists by the end of October, the directorate indicated, noting that this far surpassed the previous record set at the end of 2023 in just 10 months.

“The number marks a 19% increase year on year, representing 2.3 million additional arrivals by the end of October 2024,” it said.

“This remarkable growth is driven both by foreign tourists, whose numbers have increased by 22%, and Moroccans living abroad.

“This past October was an especially strong month for the Moroccan hospitality industry. Approximately 1.5 million visitors traveled to the North African country during that month, representing an increase of 30% compared to October last year,” it stated.

The Ministry of Tourism celebrated the upward trend during a meeting of the Moroccan National Tourism’s Board of Directors held on Monday, with data showing that the North African country saw a record 15.87 million visitors by the end of November, marking a 20% increase while tourism revenues soared to MAD 97 billion.

“The sector achieved a growth rate of 19%, higher than the world average of 12% and most competing destinations,” the Moroccan Tourism Office said.

Speaking at the event, Tourism Minister Fatim-Zahra Ammor:

“Our tourism roadmap is bearing fruit and we can now enter the year 24 with confidence and determination.”

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