{"id":63299,"date":"2025-12-26T20:47:21","date_gmt":"2025-12-26T20:47:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/making-africas-creative-sector-bankable"},"modified":"2025-12-26T21:22:56","modified_gmt":"2025-12-26T21:22:56","slug":"making-africas-creative-sector-bankable","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/making-africas-creative-sector-bankable","title":{"rendered":"Making Africa\u2019S Creative Sector Bankable"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong> <\/span>African artists are no longer just cultural ambassadors\u2014they are global economic players. From topping international music charts to influencing fashion and film worldwide, Africa\u2019s creative talent is commanding unprecedented attention<\/b>. Yet for years, this cultural power has struggled to translate into sustainable income and access to finance.<\/p>\n

That may be changing.<\/p>\n

New policy momentum, including recent G20 declarations and landmark legal reforms in Nigeria, is laying the groundwork for a more robust creative economy. At the heart of these reforms is a critical shift: recognising intellectual property\u2014music catalogues, film rights, publishing and brand equity\u2014as bankable assets.<\/p>\n

By enabling creators to use their intellectual property as collateral, policymakers hope to unlock financing, attract institutional investment and ensure long-term sustainability for artists and creative entrepreneurs.<\/p>\n

Creative industry expert Audu Maikori<\/b> notes that while progress is being made, significant challenges remain. Africa\u2019s more than 50 legal systems complicate the prospect of a unified copyright framework, raising questions about whether regional approaches may offer better protection for creators. At the same time, African artists continue to face risks when signing international contracts, often lacking the legal safeguards needed to protect their rights and revenues.<\/p>\n

Beyond policy reform, experts argue that practical solutions\u2014such as better contract literacy, stronger collective management organisations and access to legal and financial advisory services\u2014will be essential to ensure creators can monetise their work over the long term.<\/p>\n

Dar es Salaam\u2019s Megacity Traffic Challenge<\/b><\/p>\n

While creativity is unlocking new economic frontiers, Africa\u2019s cities are grappling with the cost of rapid urban growth.<\/p>\n

Dar es Salaam, Tanzania\u2019s commercial capital and home to around six million people, is expanding at breakneck speed\u2014but its transport infrastructure is struggling to keep pace. Despite the government\u2019s decision to relocate most official functions to the political capital, Dodoma, traffic congestion in Dar es Salaam continues to intensify, draining productivity and raising business costs.<\/p>\n

According to the World Bank, the city is on track to become a megacity, with a population exceeding ten million in the coming years. Without major investment in transport systems, urban planning and congestion management, the economic strain could deepen\u2014affecting trade, labour mobility and overall competitiveness.<\/p>\n

As Isaac Lukando<\/b> reports for Africanews, the challenge facing Dar es Salaam is emblematic of a broader continental issue: how to build cities that can sustain growth without stalling under their own weight.<\/p>\n

The Billion-Account Mobile Money Boom<\/b><\/p>\n

Meanwhile, Africa\u2019s financial landscape is being quietly\u2014and rapidly\u2014rewritten.<\/p>\n

MTN\u2019s latest financial performance underscores a powerful reality: mobile money is no longer a supplementary service. It is a cornerstone of Africa\u2019s financial system.<\/p>\n

In 2024, Sub-Saharan Africa crossed a historic milestone, surpassing 1.1 billion registered mobile money accounts<\/b>\u2014more than half of the global total. Telecom operators, once seen as disruptors on the fringes of finance, are now outpacing traditional banks in customer reach, transaction volumes and financial inclusion.<\/p>\n

From payments and savings to credit and insurance, mobile money platforms are redefining how Africans access and use financial services. As telcos cement their dominance, regulators and banks face growing pressure to adapt to a new financial order\u2014one driven by technology, scale and accessibility.<\/p>\n

Find more news and analyses on Mauritius<\/span> on the Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. African artists are no longer just cultural ambassadors\u2014they are global economic players. From topping international music charts to influencing fashion and film worldwide, Africa\u2019s creative talent is commanding unprecedented attention. Yet for years, this cultural power has struggled to translate into sustainable income and access to finance. That may be changing. New […]<\/p>\n","protected":false},"author":84,"featured_media":63298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2718,5105,854,241,7203,1666,3590],"class_list":["post-63299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-african-economy","tag-banking","tag-culture","tag-mauritius","tag-mobile-telephony","tag-tanzania","tag-transport"],"yoast_head":"\nMaking Africa\u2019S Creative Sector Bankable - Mauritius<\/title>\n<meta name=\"description\" content=\"-article-header-tag"> Africa-Press - Mauritius. 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