Spotify's Royalty Payments to African Artists Reach $59 Million – News and Statistics – IndexBox

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Close-up of a Samsung device displaying the Spotify sign-up screen next to a laptop and earphones, highlighting an inviting gateway for African artists seeking wider audiences and increased royalty payments.

Apr 4, 2025

Spotify’s royalty payments to artists from Nigeria and South Africa soared to approximately $59 million last year, reflecting a growing global interest in African music. According to a report by Reuters, the Swedish audio streaming giant disbursed around $10 billion in royalties worldwide in 2024, with Africa contributing a small yet rapidly expanding portion.

Data from the IndexBox platform highlights that Nigerian artists received over 58 billion Nigerian naira ($38 million) in royalties,…