š¶ Mdundo, Africa's Leading Music Platform, Anticipates Unprecedented $1.5M Payout to Artists šš°š°šŖ
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#consumer markets
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#music
Kenyan music distribution startup Mdundo is set to make waves in the music industry, projecting an extraordinary $1.5 million artist payout for the 2023/24 period. With over 156,000 artists from six African countries benefiting, Mdundo's commitment to fair compensation and empowering musicians is making a significant impact. šš¤
Key Points:
- Mdundo, launched in Kenya in 2013, has become Africaās top pan-African music service.
- The platform's shares are listed on Nasdaq First North Growth Market Denmark.
- A strategic partnership with Safaricom aims to enhance music monetization and support sustainable music careers. š¤š
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