1 Std. 3 Min.
Episode 105 - Martin Nielsen's Incredible Journey To Making Mdundo Africa's Biggest Homegrown Digital Music Platform. Pure Digital Passion with Moses Kemibaro
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- Technologie
In this edition of the Pure Digital Passion podcast, I had the pleasure of hosting Martin Nielsen, the Founder and CEO of Mdundo, a mobile and ad-supported music service that has become one of Africa’s leading digital music platforms.
Although I have known Martin for a good number of years, our conversation was a truly eye-opening conversation about his incredible journey from starting Mdundo, building it over time and scaling it to where it is today.
Martin Nielsen’s Journey.
Martin’s journey to Kenya began in an unconventional way. He first traveled to Uganda as a university student for volunteer work, invited by a friend from Denmark. This experience marked the beginning of his deep connection with Africa. Later, in 2012, he moved to Kenya as an Entrepreneur in Residence for 88mph, an African investment fund focusing on early-stage tech startups. This role not only solidified his bond with the continent but also laid the groundwork for what would become Nairobi Garage.
The Birth of Mdundo
Inspired by his experiences and the vibrant technology startup ecosystem in Nairobi, Martin co-founded Mdundo. The company has since grown to become a clear leader in the African music industry, boasting millions of monthly active users primarily from Kenya, Tanzania, South Africa, Ghana, and Nigeria. Mdundo works with thousands of musicians across Africa and has secured licensing deals with major music groups like the Universal Music Group and Warner Music Group.
A Unique Business Model
Mdundo’s business model is unique and highly localized for the market in Africa. The service targets underserved consumer segments who cannot generally afford traditional subscription-based music streaming services like Spotify or Apple Music.
Mdundo offers affordable subscriptions through partnerships with mobile networks like Safaricom in Kenya and MTN in Nigeria. Users can pay for subscriptions using airtime and mobile money, making it accessible even to those with basic feature phones.
Additionally, Mdundo provides ad-supported music content, enabling free music downloads. This approach has attracted top-tier brands across the continent, making Mdundo’s offering both sustainable and appealing to a broad audience.
Growth and Achievements
Over the past decade, Mdundo has grown significantly, reaching tens of millions monthly active users in Africa, including 4 million in Kenya alone. The service has an annual reach of 205 million consumers across the continent and pays out approximately US$ 1.5 million in music royalties each year. A significant part of Mdundo’s success lies in its ability to be frugal in how it operates, focusing on bootstrapping even after raising US$ 7 million through its Nasdaq listing in Denmark. The funds raised were partly used to repay early investors and to recapitalize the business.
Supporting African Musicians
Mdundo plays a crucial role in supporting African musicians by expanding their reach and providing monetization opportunities. By creating a platform tailored to the unique needs and nuances of the African market, Mdundo has lowered the barriers to adoption for consumers and ensured that even those with limited resources can enjoy and share their music.
Key Lessons and Insights
During our podcast session, Martin shared valuable lessons and insights from his journey, offering advice to aspiring entrepreneurs in Kenya and beyond. His story is an empowering one in terms of how he used innovation, resilience, and a deep understanding of the local markets in Africa to create something that truly resonated with consumers at scale across the continent. Mdundo is undoubtedly for Africa, by Africa, which has ultimately underpinned its success to-date.
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Send in a voice message: https://podcasters.spotify.com/pod/show/moseskemibaro/message
In this edition of the Pure Digital Passion podcast, I had the pleasure of hosting Martin Nielsen, the Founder and CEO of Mdundo, a mobile and ad-supported music service that has become one of Africa’s leading digital music platforms.
Although I have known Martin for a good number of years, our conversation was a truly eye-opening conversation about his incredible journey from starting Mdundo, building it over time and scaling it to where it is today.
Martin Nielsen’s Journey.
Martin’s journey to Kenya began in an unconventional way. He first traveled to Uganda as a university student for volunteer work, invited by a friend from Denmark. This experience marked the beginning of his deep connection with Africa. Later, in 2012, he moved to Kenya as an Entrepreneur in Residence for 88mph, an African investment fund focusing on early-stage tech startups. This role not only solidified his bond with the continent but also laid the groundwork for what would become Nairobi Garage.
The Birth of Mdundo
Inspired by his experiences and the vibrant technology startup ecosystem in Nairobi, Martin co-founded Mdundo. The company has since grown to become a clear leader in the African music industry, boasting millions of monthly active users primarily from Kenya, Tanzania, South Africa, Ghana, and Nigeria. Mdundo works with thousands of musicians across Africa and has secured licensing deals with major music groups like the Universal Music Group and Warner Music Group.
A Unique Business Model
Mdundo’s business model is unique and highly localized for the market in Africa. The service targets underserved consumer segments who cannot generally afford traditional subscription-based music streaming services like Spotify or Apple Music.
Mdundo offers affordable subscriptions through partnerships with mobile networks like Safaricom in Kenya and MTN in Nigeria. Users can pay for subscriptions using airtime and mobile money, making it accessible even to those with basic feature phones.
Additionally, Mdundo provides ad-supported music content, enabling free music downloads. This approach has attracted top-tier brands across the continent, making Mdundo’s offering both sustainable and appealing to a broad audience.
Growth and Achievements
Over the past decade, Mdundo has grown significantly, reaching tens of millions monthly active users in Africa, including 4 million in Kenya alone. The service has an annual reach of 205 million consumers across the continent and pays out approximately US$ 1.5 million in music royalties each year. A significant part of Mdundo’s success lies in its ability to be frugal in how it operates, focusing on bootstrapping even after raising US$ 7 million through its Nasdaq listing in Denmark. The funds raised were partly used to repay early investors and to recapitalize the business.
Supporting African Musicians
Mdundo plays a crucial role in supporting African musicians by expanding their reach and providing monetization opportunities. By creating a platform tailored to the unique needs and nuances of the African market, Mdundo has lowered the barriers to adoption for consumers and ensured that even those with limited resources can enjoy and share their music.
Key Lessons and Insights
During our podcast session, Martin shared valuable lessons and insights from his journey, offering advice to aspiring entrepreneurs in Kenya and beyond. His story is an empowering one in terms of how he used innovation, resilience, and a deep understanding of the local markets in Africa to create something that truly resonated with consumers at scale across the continent. Mdundo is undoubtedly for Africa, by Africa, which has ultimately underpinned its success to-date.
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Send in a voice message: https://podcasters.spotify.com/pod/show/moseskemibaro/message
1 Std. 3 Min.