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If the creative industry of Africa was a car, intellectual property would be its fuel.
The Creative Africa Nexus (CANEX), a programme put in place by the African Export-Import Bank (Afreximbank) to support Africa’s creative and cultural industries, announces a series of virtual forums in the lead-up to the Intra-African Trade Fair 2021 (IATF2021) taking place in Kigali, Rwanda from 8 to 14 December, 2021 with the next event being focused on intellectual property.
Most African states have in place intellectual property laws that are important tools to safeguard creativity and innovation so as to fuel growth of copyright based industries under the African Continental Free Trade Agreement. A number of issues remain critical if IP rights are to evolve into an asset class that can be monetised on the continent, including the administration and enforcement of IP laws, and the harmonisation of their application at regional and continental level.