Nigeria’s homegrown music service Hafrikplay is making waves with a $5 million Series A funding round. The deal is expected to close in the first quarter of 2026 and will fuel expansion across Africa. With this investment, the company aims to strengthen its position as a platform designed to empower African creators rather than simply replicate foreign models.
Hybrid Platform Built for Artists
Hafrikplay blends the features of a digital streaming provider like Spotify with the flexibility of user-uploaded services such as SoundCloud. Artists can share their music, manage distribution, and receive payments directly. Moreover, the company is working with MTN Nigeria to make subscription payments easier for listeners, a move that could significantly boost adoption. By combining artist-focused tools with accessible payment options, Hafrikplay is positioning itself as a service that meets both creative and consumer needs.
CEO Omobosola Karimat Alaka has been outspoken about foreign dominance in Africa’s streaming market. “Why are we even streaming music with Spotify in Africa?” she asked. She noted that Boomplay, Audiomack, SoundCloud, Apple Music, and Spotify are all foreign-owned. Her critique highlights Hafrikplay’s mission: a service built by Africans, for African artists. Furthermore, her comments reflect a growing sentiment among creators who want platforms that prioritize local culture and fair compensation.
Industry at a Turning Point
Africa’s music industry is booming, with global audiences embracing Afrobeats, amapiano, and other regional genres. Yet many artists still struggle to find platforms that truly serve their interests. Consequently, Hafrikplay’s model challenges international players and demonstrates how local innovation can reshape the future of streaming. In addition, the company’s focus on direct artist payments addresses one of the most pressing issues in the industry: fair revenue distribution.
In summary, Hafrikplay’s $5 million Series A round represents more than financial growth. It signals a bold vision for African music and a commitment to creator empowerment. With artist-focused tools, strategic partnerships, and a clear mission, Hafrikplay is positioning itself as a champion for African artists. As the funding round closes in early 2026, the company may well become a defining force in Africa’s digital music revolution.
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