Wyclef Jean has raised $25 million for artists from Africa and the Caribbean

Wyclef Jean of the Fugees has raised $25 million in funding for his newly-launched Carnival World Music Group, a music publishing and distribution company. Fast Company reports that the funds will be used to sign songwriters and producers in parts of Africa, the Caribbean, and other underserved markets with the goal of empowering creative artists by giving them the publishing and distribution resources they need to promote their music and earn royalties.