Having just recently celebrated their 12 year anniversary in an industry where the spoken consensus was that there was no structure, Mavin Records ability to find some of the most promising talents and establish them as superstars has them holding down an undisputed spot as one of the biggest, most loved and most respected labels in the country.

Owned by Don Jazzy who has a double decade worth of experience working with artistes in Nigeria, and oodles of goodwill from the Nigerian populace, the label’s clout also comes with strong financial backing from international investors in Kupanda Holdings which is a joint venture owned by Kupanda Investment and TPG Growth which has backed multinational companies like Uber.

Mavin Record itself has now grown into a business entity complete with a holding company with Mavin Holdings and an imprint label with D Prince’s Jonzing World which has Rema and Ruger as its artistes.

With Rema, Ayra Starr, LadiPoe, Johnny Drille, Crayon, Magixx, Korede Bello and Boy Spyce on their roster, the label in fact seems set for further greatness and dominance into the next decade.

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The other one of the richest record labels in Africa is DMW (Davido Music Worldwide) came into existence in 2016 by one of the rewarded singers, record producer, and songwriter named Davido.In the month of January, Davido did an agreement on a recording deal with Sony Music Entertainment. It is deemed by singers for separating the corporate work from the family. He did not go after the record label owned by his family: HKN Music. A new record label was launched by him with the name ‘Davido Music Worldwide.

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