IFPI’s 2024 report highlights South Africa as the epicenter of Sub-Saharan Africa’s music industry, boasting a remarkable growth rate of 19.9%.
Epicenter
Additionally, Sub-Saharan Africa emerges as the fastest-growing region in the global music landscape, with revenue growth surpassing 20% according to IFPI’s findings. The region witnessed an impressive overall revenue growth of 24.7%, fueled significantly by the exponential rise in paid streaming revenues, which accounted for 24.5% of the total revenues. This unprecedented growth underscores…
