UNDP accelerator programme gives animations studios access to finance and support
South Africa, Oct. 21 -- Africa's creative industries could be a major source of jobs, but studios struggle to access the finance and markets they need to grow.
According to the International Finance Corporation, in Africa alone, the creative economy could contribute 20 million jobs and $200bn in economic value by 2030.
Yet despite this potential, emerging markets currently receive less than one per cent of global financing for the creative economy.
This highlights the significant gap between the sector's potential and the resources available to support its growth.
Access to commercial pathways
Part of the UNDP's timbuktoo Creatives Hub, the accelerator is run with support from the Government of Japan, in partnership with Digital Fro...
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