CNN —Five-time Grammy winner Angélique Kidjo has been announced as one of three 2023 Polar Music Prize recipients, putting the Benin-born singer-songwriter in rare company. Founded in 1989 by ABBA manager Stig “Stikkan” Anderson, the Sweden-based Polar Music Prize has been awarded since 1992 and is considered to be among the most prestigious honors in the music industry. Honored alongside Kidjo this year will be Chris Blackwell, founder of Island Records in the UK, and Arvo Pärt of Estonia, the world’s most performed living composer, according to a Polar Music Prize press release. Angélique Kidjo, pictured here during a 2021 performance in Paris, has been announced as one of three recipients of the 2023 Polar Music Prize. Kristy Sparow/Getty Images For Global Citizen“To be awarded the Polar Music Prize is humbling,” Kidjo says in the release.