Context

Context

The CCI, key figures

  • 7% of world GDP;
  • $2,000 billion in annual revenue
  • $1 spent = $2.5 of wealth for the economy
  • 50 million jobs worldwide among 15-29 year olds
  • 10% of world GDP by 2030

source: www.ifc.org/en/what-we-do/sector-expertise/creative-industries

In Africa:

  • Huge potential in terms of job creation for young people;
  • Informal sector in Africa 
  • Predominance of micro-enterprises and low-wage actors
  • Lack of qualification pathways, co-creation pathways, international forums.

The Foundation will help bring together creators, the private sector and public institutions to unlock the potential of this dynamic and promising ecosystem.