Saturday, January 28, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Events

To unlock the Africa’s untapped creative economies, a digital scale-up is important now more than ever

Tech Gist Africa by Tech Gist Africa
02/27/2021
in Events, News
0 0
0
digital scale-up in Africa Tech Gist Africa

digital scale-up in Africa Tech Gist Africa

0
SHARES
Share on FacebookShare on Twitter

To unlock the Africa’s untapped creative economies, a digital scale-up is important now more than ever.

Digital platforms in Africa must scale up in anticipation of the continent’s growing demand for creative content, says Africa Investment Forum Senior Director Chinelo Anohu.

Noting that the African Development Bank flagship agency is offering advisory services and investment aid to creative players.

Anohu while speaking at a virtual “fireside chat”  with Afreximbank President Benedict Oramah and Dean Garfield, Netflix’s Vice President of Public Policy.

The Africa Soft Power Project arranged the gathering, titled The New Face of African Cooperation.

Omar Ben Yedder, Community Publisher & MD of IC Magazines, moderated.

However, the discussion was conducted against the backdrop of the recent coming into effect of the African Continental Free Trade Agreement (AfCFTA) (AfCFTA).

2021 is also the African Union’s year of arts, music and heritage.

Mostly, talks centered on the role of infrastructure and communication in developing Africa’s creative industries, including film, textiles and design.

In addition, Oramah said that Afreximbank set up a $500 million fund in January 2020 to boost Africa’s creative industries.

Basically, the continent faces a challenge to successfully monetize its creative output. Once it does so, he said, innovation will follow.

Garfield agreed with Anohu that the AfCFTA will help resolve a variety of the barriers to improving Africa’s creative output.

Although, this includes unequal intellectual property rights, fractured payment processes and insufficient human capital in creative industries.

“Data is one of the African Development Bank’s strong points.

They have a great analysis division.

And what we’re trying to do is mainstream the data culled from 55 countries and distill it in such a way that the investors can conveniently access the knowledge they need,” she said.

Netflix’s Garfield struck a positive note about his company’s future direction in Africa.

Garfield cited Africa’s young population and its rich storytelling heritage.

In addition, the Africa Finance Forum, championed by the African Development Bank, aims to facilitate the closing of the continent’s investment disparities.

Also, the Forum currently has a rising portfolio of 118 transactions estimated at $114 billion.

A digital scale-up is important now more than ever for Africa to fully maximize’s its content potential and to be become a digitally driven economy.

Read More on Tech Gist Africa;

The International Islamic Trade Finance Corporation and the Central Bank of West African States discussed the effect of Central Bank Digital Currencies on inter-regional trade

UNCDF Boosting financial inclusion and job creation across Ghana with an innovation challenge

ShareTweetShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Zuri Health Kenya
Funding

Zuri Health Receives Funding from Morocco’s UM6P Ventures

by Tech Gist Africa
01/26/2023
0

Kenyan healthcare startup Zuri Health has announced that it has received funding from Moroccan VC UM6P Ventures.  Founded in 2021,...

Read more
Galactech Tunisia, GBarena Egypt

Galactech, a Tunisian gaming startup, has been acquired by Egyptian esports platform GBarena

01/26/2023
Wafeq Dubai UAE

Wafeq, based in Dubai, has raised a $3 million seed round to expand into North Africa and GCC

01/26/2023
Tabby Egypt

Tabby, a BNPL company in Egypt, has raised $58 Million in a series C funding round

01/23/2023
O-Farms accelerator programme Kenya

O-Farms has selected ten agri-circularity startups from Kenya to participate in its second accelerator program

01/23/2023
Next Post
Manchester United Startimes Tech Gist Africa

Manchester United announces partnership with StarTimes to offer MUTV in over 30 countries across sub-Saharan Africa

Orange digital centre Ethiopia

Ethiopia will be home to the third Orange Digital Hub in Africa and the Middle East to train young people in digital technology

, Diool Cameroonian fintech startup tech Gist Africa

Diool, Cameroonian FinTech startup raises $3.5M

No Result
View All Result

The Big 5

Africa Tech Ecosystem

Africa’s Tech Ecosystem raised $6.5 billion in 2022 – Partech Africa Report

by Tech Gist Africa
01/25/2023
0

...

Africa Startup Initiative Program

11 Startups have been Selected for Cohort 3 of the Africa Startup Initiative Program (ASIP) Accelerator

by Tech Gist Africa
01/23/2023
0

...

macbook

Apple launches MacBooks with the latest M2 chips

by Tech Gist Africa
01/23/2023
0

...

amazon

Amazon has surpassed Apple to become the most valuable brand in the world

by Tech Gist Africa
01/23/2023
0

...

Earthshot Prize 2023

African startups are invited to apply for the $1.2 million Earthshot Prize

by Tech Gist Africa
01/19/2023
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.