Audio streaming giant Spotify’s royalty payments from South Africa and Nigeria, the two largest African market, and the 59 million US dollar (R1.1 billion), the wave of interest of the continent was rapidly visited.
In 2024, the Swedish company reasons $ 10 billion in a $ 10 billion royalty in the world. He represents only a small part of Africa’s proposal, and interested in African artists, and the interests of the South African singer are also merry from international recognition acts Silence and Nigeria Bore.
More than 250 million users created playlists, at least one Nigerian artist and 220 million South Africans, said the company said on Thursday.
“It is a great evolutionary around more or more medium or future artists.”
Nigerian artisans, more than $ 38 million last year, doubled more than 2023. Royalty for South African performers reached $ 21 million (R400 million), 54% of the year.
Most of this came out of the household markets. Nigerian artists saw an increase in exports in the last three years, and South Africa increased by 104%.
Read: Visit YouTube Premium Price in South Africa
Recently, the number of Nigerian artists who have won two million (R1.2 million), this time since 10 years, has increased three times since 2022. – More MTHETHWA, (C) 2025 Reuters
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