Africa: The Black Box Problem – How Africa’s Music Money Is Lost in Global Systems
For African music, 2024 was a landmark year. The International Federation of the Phonographic Industry (IFPI) confirmed that Sub-Saharan Africa’s recorded music revenue surpassed $100 million for the first time, reaching $110 million with a growth rate of 22.6 percent, making it the fastest-growing region in the world. Driven by the global boom of Afrobeats…
