"Mdundo currently has 5 million monthly users, but our potential is more than 30 times greater," Mdundo CEO Martin Nielsen said. "Within approximately three years, we will have established Mdundo as the leading pan-African music service for consumers and musicians. The head of listing at Nasdaq Copenhagen, Carsten Borring, said: "We are proud to welcome Mdundo.com to the Nasdaq First North Growth Market. The company says it works relentlessly to promote legal African music access and that it has been instrumental in eliminating links to illegal African music on Google. "It's one of our key focuses at Mdundo, to get people who are currently accessing music illegally in Africa to move to legal platforms," Nielsen said.

Source: The North Africa Journal September 04, 2020 10:18 UTC