In comparison to its two biggest African markets, Nigeria and South Africa, where the royalty payments from Spotify increased to $59 million in last year.
As performers sped a wave of a growing continent-specific interest in music, the audio-streaming giant paid out about $10 billion in royalties worldwide in 2024.
And despite having a small share of its offerings, African artists’ interest has grown, thanks in large part to internationally acclaimed artists like Nigeria’s Burna Boy and South African singer Tyla.
More than double the amount paid in royalties to Nigerian artists in 2023, or 58 billion naira ($38 million) in revenue.
South African performers’ royalties totaled 400 million rand ($21 million), up 54% year over year.
A lot of that came from outside their local markets. Over the past three years, export growth in Nigeria has increased by 49%, while export growth in South Africa has increased by 104%.
According to the Swedish company’s report released on Thursday, at least one South African artist is currently present in at least 250 million user-created playlists, and 220 million of those are South African.
According to Jocelyne Muhutu-Remy, managing director of Spotify for Sub-Saharan Africa, “what we’re seeing is an excellent evolution around more mid-tier or up-and-coming artists making a living.”
Read more about Gospel singer Nathaniel Bassey and other Nigerian acts making the top 100 most popular videos on YouTube globally in Q1 2025.
The number of Nigerian artists making N10 million has, in contrast, doubled from 2022 to the same time last year.
Source: Channels TV
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