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Baillie Gifford, Jumia’s largest institutional investor, holds stakes in some of the world’s major tech giants

Mercado Libre leads with $8.5B, making it Baillie Gifford’s most valuable tech holding after its Jumia exit.
Amazon ($6.2B) and NVIDIA ($6.8B) remain major anchors in the portfolio, highlighting confidence in cloud, AI, and e-commerce.
The "Others" category holds the largest share ($75B), showing how Baillie Gifford’s exposure is spread widely beyond the major names.
Even post-Jumia, the portfolio is deeply rooted in innovation, with stakes in Spotify, Cloudflare, Moderna, and Shopify; covering audio streaming, cybersecurity, biotech, and e-commerce platforms.

Wizkid’s Morayo leads Spotify Nigeria’s first‑day album streams, with a record 12.12M streams

Wizkid's Morayo leads the pack with 12.12 million first-day streams—30% more than the runner-up, 5ive (9.29M).
The top three singles (Morayo, 5ive, Lungu Boy) together account for 27.29M streams, or 45% of the combined 46.75M total.
Streams fall nearly 50% between 3rd (5.88M) and 4th place (Timeless, 4.91M), highlighting a sharp mid-chart taper.
Even #10 (S2) amassed over 2M first-day spins, showing strong baseline engagement across diverse artists.

In 2024, Rema lost 14.4 million Spotify listeners, while Ayra Starr more than doubled her listeners, to lead in Nigeria as of December

Ayra Starr's Spotify listeners more than doubled in 2024, ending 2024 as the Nigerian artiste with the most monthly listeners on Spotify.
Rema recorded the highest peak in Spotify listeners among Nigerian artistes.
Rema lost 14.4 million listeners in the year.
Other artistes like Burna Boy, Tems, and Wizkid, also saw listener bases increase in 2024.

Spotify artiste earnings in 2023: Distribution across income tiers

Spotify paid out more than $9 billion in music royalties in 2023. Artistes who received earnings ranged from 259,700 earning at least $1,000 to just 60 earning $10 million or more.