Creative Industry Needs Patient Capital, Fresh Mindset, Experts Declare at QEDNG Summit
Stakeholders at the QEDNG Creative Powerhouse Summit emphasized the need for patient capital and a fresh mindset to enable the creative industry to thrive. The summit, organized by Mighty Media Plus Network Limited in Lagos, brought together various creative professionals and industry experts to discuss the financing catalysts needed for a thriving creative economy in Nigeria.
With the creative industry contributing approximately $7 billion to the GDP and being the second-highest employer in the country, there is a goal to raise its contribution to $100 billion by 2030. Speakers highlighted the importance of sustainable and accessible capital, smart financing, and a supportive policy environment to unlock the full potential of Nigeria's creative economy.
They also stressed the need for creatives to adopt sound financial management practices and embrace new technologies like Artificial Intelligence to drive innovation and growth in the industry.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Ufot Urges Inclusive Financing to Unlock Creative Economy
Nigerian Governors Back FG's $100 Billion Creative Economy Target for 2030
Nigeria's Creative Industry Struggles Due to Underfunding and Policy Gaps
Governor Abiodun: Creative Industry a Global Economic Powerhouse
Nigeria Launches Council For Creative Technology Futures To Drive Innovation
Nigeria Sees Growth In Creative Industry As Sector Contributes Over $7bn To Economy
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
