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January 20, 2021 |
Creative Economy
Safeguarding a creative and cultural moment: The impact of COVID-19 on Africa’s creative sectors
Guest Author
George Gachara
Africa’s cultural renaissance provides huge economic and social benefits that must not be lost in the pandemic. The region’s first dedicated finance and support facility for the creative industries is evaluating transformative solutions.
In the first 20 years of the 21st century, the increasing visibility of cultural and creative industries in cities across Africa has been emblematic of the African renaissance – characterised by the growth of per capita and household incomes, aggressive transformation of urban spaces, rapid adoption of digital communication, growing diaspora remittances and increased foreign direct investments.