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.