Mdundo

Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active Users

Mdundo also reported a 239% YoY jump in revenue from paid subscriptions

African music streaming service Mdundo forecasts 35% MAU growth in upcoming fiscal year

Mdundo said it expects to hit 35 million MAUs in FY 2023-2024

African music service Mdundo’s monthly active users reach 21.5m, up 107% YoY

Mdundo has published its quarterly report for calendar Q3 2022

‘I’m confident that in the future, 15-20% of all music on the global charts will be by African artists.’

MBW’s World Leaders series interviews Martin Nielsen, CEO of African music streaming service Mdundo

African Music service Mdundo reached 20.3m Monthly Active Users last month, up 74% since June 2021

Mdundo's biggest country for Monthly Active Users is Nigeria, with a total of 4.9m

African Music service Mdundo hits 8.7m Monthly Active Users, inks telco partnership with MTN Nigeria

Mdundo listed on the Danish stock exchange (the Nasdaq First North Growth Market) in September 2020

Mdundo and Vodacom Tanzania launch joint bundle for premium listening service

The Kenya-founded music service has over 7 million active users per month

African music service Mdundo has 7m monthly active users, up from 5m in June

Company also recently inked a telco partnership with Vodacom Tanzania

African music service Mdundo now has 6.4m Monthly Active Users, up from 5m in June

Company listed on the Danish stock exchange in September

African music service Mdundo raises $6.4m by listing on Danish Stock exchange

Service has 5 million monthly users, and a current valuation of around $16m