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Spotify royalty payouts to Nigerian, South African artists boom in 2024

JOHANNESBURG � Audio streaming giant Spotify's royalty payments to artists from Nigeria and South Africa � its two biggest African markets � spiked to around $59 million last year as performers rode a wave of growing interest in music from the continent.

The Swedish company paid out about $10 billion in royalties worldwide in 2024. And while Africa represents only a small part of its offering, interest in African artists has ballooned, buoyed in part by internationally recognized acts like South African singer Tyla and Nigeria's Burna Boy.





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