What is the African creative revolution? It is an ongoing, continent-wide movement that celebrates and promotes African creativity in all forms. The impact of this revolution is already being felt throughout the world, with more and more people recognizing the unique beauty and potential of Africa’s artists, designers, musicians, and entrepreneurs.
As the African creative revolution continues to grow, it will further boost Africa’s economy and position in the global marketplace. Let’s take a closer look at the African creative revolution and its impact on the future economy.
Promoting Africa’s Unique Cultural Identity
One of the main goals of the African creative revolution is to promote Africa’s unique cultural identity. This is done by fostering African art, fashion, music, and other forms of creativity. By nurturing these aspects of African culture, the continent can set itself apart from the rest of the world and establish a unique brand identity. This, in turn, is helping to attract more tourists and investors to Africa.
The more Africa can market and promote itself, the more revenue there will come into the country. More and more people are becoming interested in visiting and investing in Africa due to the positive changes happening throughout the continent.
In 2018, Africa was responsible for contributing a total of 13 billion U.S. dollars to the global art market. An estimate from the same source claims that by 2023, this amount will have risen to $15 billion.
Empowering The Next Generation Of Entrepreneurs
While some have suggested that the creative revolution is nothing more than a way to attract Western investment and tourists to Africa, the truth is that the creative revolution also directly impacts the continent’s economy. This is primarily due to the growing recognition of the importance of Africa’s artistic and entrepreneurial talent.
Africa has always been associated with conflict and poverty. Still, with the growing number of Africans creating new and innovative ways for the continent to thrive, the stigma surrounding this notion is slowly fading away.
As the number of African students attending university continues to rise, the youth is becoming a force to be reckoned with. With the advent of the African creative revolution, more and more Africans are beginning to take advantage of the numerous opportunities offered by technology, particularly the internet.
Positioning Africa As A Global Leader
In the past decade, Africa has seen significant economic advancements, including the emergence of China, Brazil, India, and other emerging economies. Today, China is Africa’s biggest trading partner and investor, with over $100 billion worth of goods flowing between the two continents.
However, this has only created a greater need for the continent to become a global leader in its own right. And with the rise of the African creative revolution, this is already happening.
Improving The Lives Of Africans
In most of Africa, poverty and inequality are still very common. In fact, according to the World Bank, more than a quarter of the population still lives in extreme poverty (less than $1.25 per day).
However, the future of Africa looks brighter as many countries have started implementing several policies and programs that aim to improve the lives of their citizens. One of the main goals of these programs is to improve education for the young.