Mdundo, Africa’s leading music distribution platform, has announced that it is targeting royalty distributions of $1.2m by 2026, backed by projected revenues of $1.7m to $2.2m.
Mdundo said this growth would be driven by expanded subscription services, stronger partnerships with telecommunications companies, and the increasing global adoption of its Progressive Web App.
According to a statement by Mdundo, it reaffirmed its commitment to Nigerian artists as part of its broader mission to reshape Africa’s music industry. The company said its artist-first model was helping creators distribute, promote, and monetize their work more sustainably.
Since its launch, Mdundo disclosed that over 300,000 artists have received royalties through the platform, underscoring its role in building a sustainable African music ecosystem. The platform now boasts over 39 million monthly active users across multiple African countries, consolidating its leadership in digital music distribution.
A major driver of Mdundo’s success in Nigeria has been its partnerships with MTN Nigeria and Globacom. These collaborations, the company explained, have expanded affordable music access to millions of subscribers while also creating new revenue opportunities for artists.
Sowari Akosionu, Mdundo’s Chief Marketing Officer, said, “Our collaborations with MTN Nigeria and Glo have been instrumental in opening up wider access to music and, in turn, boosting artists’ earnings. Together, we’re strengthening the Nigerian music ecosystem.”
The partnerships combine subscription-based services with innovative product integrations, enabling consumers to legally access music at low costs while ensuring artists are compensated fairly.
In January 2025, the company began its bi-annual royalty payout cycle for rights holders across Africa, including thousands of Nigerian musicians. This structure, Mdundo said, provides consistent income for artists and reinforces its role as a reliable partner in the continent’s creative economy.
Martin Nielsen, Chief Executive Officer of Mdundo, speaking on the platform’s mission, said, “Our mission is to offer African artists a sustainable platform to grow. By delivering consistent income, we are contributing not just to the success of individual artists but also to the long-term development of the African music industry.”
Founded in Kenya, Mdundo has expanded to Nigeria, Ghana, Tanzania, and South Africa, among others. By focusing on mobile-friendly, affordable music streaming, the company has become a key driver of Africa’s digital music revolution.
As more Nigerian artists seek reliable platforms to monetize their creativity, Mdundo’s expanding ecosystem appears set to play a defining role in strengthening the industry — from the streets of Lagos to global stages.
