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Africa’s creative market needs more structure

By The Africa Report
Posted on Wednesday, 10 February 2021 14:55, updated on Wednesday, 17 February 2021 13:36

Netflix app for films and TV on demand. (AP Photo/Dan Goodman)

Beyond the pastel-coloured attempts at seizing the African zeitgeist offered by Hollywood and Beyoncé, there is sizzling creative energy, and a ready market on the continent.

Netflix has fallen in love with Nigeria. It is not hard to see why. Nigeria’s film industry generated $7.2bn in 2016, while South Africa’s music industry should hit revenues of $170m in 2020. For a change, it cuts both ways. Apple Music is burrowing into Nigerians’ pockets, just as Naija Beats musicians are making millions from the US market.

“We need to showcase our African culture and history – this is the right time,” Blessing Amidu, a backer of Nigeria’s feature-length animated film Lady Buckit & The Motley Mopsters tells The Africa Report.