Nigerian singer Mr Eazi has made a significant investment in the Cape Town Tigers, a professional basketball team in Africa.
He takes after American musician Jay Z, who owns stock in the Brooklyn Nets, a basketball team in New York City.
“I read that Jay’z got shares in a NYC basketball team! So I had to do my own to ff my mentor!!,” Mr. Eazi tweeted.
This move by Oluwatosin Ajibade, popularly known as Mr Eazi is a significant step in the African entertainment industry and highlights the growing interest in sports investment on the continent.
“Happy to announce I am now a shareholder of @CapeTownTigers the best basketball team in Africa from now going forward!,” he added.
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
— Genius (@mreazi) January 24, 2023
Mr. Eazi has previously made investments outside the music industry. He has previously made investments in African tech startups and demonstrated a strong interest in the continent’s expanding sports and technology industries.
The Cape Town Tigers, competes in the South African Basketball League (SABL).
