DJ Azonto, known for the hit “Fa No Fom,” has made a strong appeal to the Ghana Music Rights Organization (GHAMRO) and other music institutions in Ghana, encouraging them to utilize his microfinance services to secure higher royalties for musicians.
His statement follows reports that artist Fancy Gadam received just 300 Ghana Cedis in royalties from GHAMRO.
Worried about the financial situation of his fellow artists, DJ Azonto has suggested a solution that he believes will result in more significant earnings for musicians.
DJ Azonto has urged GHAMRO and MUSIGA to open accounts with his microfinance institution, suggesting that with available funds, they could invest wisely and provide better payouts to musicians.
DJ Azonto’s microfinance business, recognized for its tagline “Loan in a Second,” provides collateral-free loans, making it an accessible and convenient option for those in genuine need of financial assistance.
He is also currently promoting his latest track, “Letter To King Paluta,” where he talks about receiving $10 million in compensation from Ghana’s current vice president.