Report: How Afrobeats’ billion-stream boom is bypassing Africa – TheCable Lifestyle

A group of seven billion-stream Afrobeats artists pose in front of a yellow background with the Connect Afrobeats logo at the top.

A new report has warned that, despite Afrobeats’ global dominance, the economic gains are not being shared proportionately with Nigeria and African creatives.

The report by Olufunmilayo Arewa from the Centre for the Study of African Societies and Economies (CSASE) at Harvard Law School and titled ‘Afrobeats: Global Rise, Local Realities, and the Future of African Music Economies’ highlights how Afrobeats has recorded explosive digital growth while retaining historical patterns of extractive economic value.

According to the…