Eve attends the Gumball 3000 Rally VIP Launch party on May 25, 2011 at Playboy Club in London

*Eve is preparing to release her first new album in nearly a decade.

The rapper began working on her new set, titled “Lip Lock,” back in 2007, she told BANG Showbiz. Due later this year, the project will be her first studio album since “Eve-Olution” was released nine years ago.

Speaking at the launch party for the Gumball 3000 Rally at the Playboy Club in London, Eve said: “I’ve been finishing my record, which will be out by the end of the year There’s a lot of good people on it. Swizz Beatz is on it, he’s like my brother. MSTRKRFT are on it. It’s kind of eclectic, not so much dance, but very hip-hop, with big beats. I just want to put out this record because I haven’t had a record out in so long.”

Eve also commented on the lack of females in hip hop, noting, “there is too much testosterone.” She wants the veteran female emcees to encourage talent, rather than starting feuds, as in the case of Nicki Minaj and Lil’ Kim.

Eve said Kim calling her rival a “bitch” was a bad move, adding: “I think it’s so stupid. If I were Kim’s friend I would be like, ‘You need to stop’. Because we were all the new girl at some point, so you need to celebrate each other, not hate each other.”