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Africa Creative Market unveils lucrative business opportunities in Africa’s creative industry

Blessing Joseph by Blessing Joseph
October 12, 2023
in Africa, Arts & Design, Creative Industry, Fashion & Style, News
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Africa Creative Market unveils lucrative business opportunities in Africa’s creative industry
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 From November 2-7, 2023, the Africa Creative Market will be a beacon of collaboration and innovation at the 21st Century Technologies and Glover Memorial Hall. This annual event is not just a celebration of African creativity, but a pivotal step towards safeguarding intellectual property and harnessing the potential of technology.

In a grand display of unity, strategic partners like Paramount Africa, U.S. Consulate Lagos, 21st Century Technologies, Venture Garden Group, and many others join hands to enhance the event’s global reach. This collaboration underlines the event’s dedication to fostering sustainable growth in the creative sector.

The Africa Creative Market platform is more than a gathering; it’s a catalyst for economic empowerment. It offers a range of opportunities for creatives, including training programs, investment prospects, and access to trade finance. The U.S. Consulate Lagos and the Bureau of Economic and Business Affairs join forces to promote intellectual property rights and impart best practices. They also provide essential training on the Africa Growth Opportunity Act (AGOA), fostering trade between the U.S. and Africa.

The National Information Technology Development Agency (NITDA), a government partner, further bolsters the creative sector through initiatives like the Startup Act and the Creative Technology Programme (CTP). Collaborative efforts from organizations like Venture Garden Group’s TRAIL platform and the HOW Foundation’s WIGWE University provide valuable tools and mentorship. Together, they empower creatives based on data-driven insights.

ACM 2023 promises to be a dynamic event, with a sharp focus on Film/TV, Music, Fashion, Dance, and more. It’s not just a gathering; it’s an opportunity for creatives to scale their businesses and establish sustainable models. Supported by industry giants like Paramount Africa, MTVBase, and U.S Consulate General Lagos, ACM aims to set a blueprint for thriving creative ventures.

Inya Lawal, the founder of ACM, reiterates the mission to empower creatives with sustainable business models. Bada Akintunde-Johnson, country manager for Paramount Africa in Nigeria, underscores ACM’s commitment to strengthening Africa’s creative ecosystem for profitability, sustainability, and global recognition.

“ACM aims to create access to replicable models, structures, and the international market,” says Akintunde-Johnson, emphasizing the platform’s dedication to training, knowledge-sharing, and networking. The ultimate goal? Showcasing the exceptional talents of figures like Fireboy, Buju, Genevieve, Chimamanda, and more to the world. Africa Creative Market 2023 is not just an event; it’s a transformative force for the creative economy.

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Tags: 21st Century TechnologiesNational Information Technology Development Agency (NITDA)Paramount AfricaU.S. Consulate LagosVenture Garden Group
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