The creator economy is one of Africaâs biggest employers of labour. Young Nigerians have turned what New wave of creative opportunities. ð¹ð By [VA Weekly]( • Issue #123 • [View online]( The creator economy is one of Africaâs biggest employers of labour. Young Nigerians have turned what was once considered hobbies into a viable industry. They have become largely responsible for exporting African stories to the rest of the world.Â
The global creator economy is estimated to be worth over $20 billion. The sector has contributed immensely to Africaâs economic development. It has contributed well over 6.1% to the global GDP, averaging between 2% and 7% of national GDPs worldwide. [Click image to join !]( Click image to join ! More Africans now make a living with content creation due to the increased use of mobile phones and internet penetration. However, intellectual property theft and infrastructural issues restrict the creativity of African content creators.
Across experience levels and content types, creators consistently face three challenges: growing an audience, finding enough time for everything, and knowing how to monetize their work.
Set a reminder and join the conversation: [What is the future of Africaâs creatorsâ economy?]( @VenturesAfricaâs Twitter Space on Wednesday, 30th of November 2022 by 4:00 p.m WAT. [Click image to join!]( Click image to join! Meet our speakers! [David I. Adeleke]( has nine years of expertise in business, technology, and media. He is a communications strategist, media analyst, consultant, and former journalist. Communiqué, a media and technology commentary newsletter he publishes on Substack has over 33,000 readers.
He graduated from Covenant University with a degree in mass communications and holds a certificate in Storytelling for Modern Media from Yale University and a certificate in Integrated Brand Experience from the Orange Academy in Lagos
Along with other companies and groups, he has worked on projects with Eko Atlantic City, BlackHouseMedia Group, ID Africa, Hill+Knowlton Strategies, Meristem, Reckitt Benkiser, Wema Bank, ALAT, and Honeywell Group.
[Fisayo Fosudo]( a visual storyteller and a maker of financial and technological videos with more than 300,000 YouTube subscribers. He is an expert in mobile technology, personal finance, and the Nigerian economy and has a background in economic analysis and brand communication.
He has produced distinctive weekly technology and finance videos for the African market and a global audience for more than 4 years. As a result, he has an audience of over 400,000 followers across social media and over 20 million YouTube views.
He was the youngest nominee for The Future Africa Awards for New Media in . He has been on numerous lists, including Channels TV and BellaNaijaâs Top 10 List of YouTube Video Creators, and YNaijaâs List of the Top 50 Nigerians to Watch four years running.
[Douglas Kendyson]( is the CEO of Selar, an online marketplace that enables entrepreneurs and content producers to easily offer their goods and services around the world.
Selarâs goal is to enable the upcoming generation of African businesspeople to benefit from the creator economy. It is the engine of the creator economy in Africa, with over 250,000 users and 50,000 creators.
More than 15 African nations presently use Selar, and creators can accept payments from clients anywhere in the world. VA Polls [In a recent poll]( we asked our audience; âAside from establishing an audience, what aspect of content development do creators struggle with the most?â The majority of our community voted âmonetization,â followed by âintellectual property theft,â and then âtime.â [Set a reminder: What is the future of Africaâs creator economy?](
[Set a reminder: What is the future of Africaâs creator economy?]( Ventures Africaâs Space · Where live audio conversations happen
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