Kreston Pedabo’s Post

While I don't want to seem like the rose-coloured spectacles guy, it is important to highlight the +'s and turn down the volume on the baying negative voices. And articles like this help! With increased confidence in our market, foreign investments in SA are rising. Some key positives from the Daily Investor article: > Increased Capital Inflow: Foreigners invest more money into RSA, boosting the economy. > Economic Growth: This influx of investment contributes to economic development and stability. > Sector Diversification: Investments are not limited to one sector, showing a broad interest in various industries nationwide. > Long-term Confidence: A sustained interest from international investors would send signals of long-term confidence in South Africa's potential. 𝗪𝗲 𝗹𝗶𝘃𝗲 𝗶𝗻 𝗮𝗻 𝗲𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗶𝗻𝗴 𝘁𝗶𝗺𝗲. 𝗟𝗼𝗻𝗴 𝗹𝗶𝘃𝗲 𝗲𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗶𝗻𝗴 𝘁𝗶𝗺𝗲𝘀… market.https://https://lnkd.in/dfXmwbSr

Nigeria's contemporary art scene has been greatly impacted by the country's rich cultural heritage, which is a vibrant tapestry woven with threads of innovation and tradition. From the complex patterns embellishing ancient artifacts to the rhythmic pulsations of traditional music, Nigerian culture offers an endless source of inspiration for artists looking to express their unique perspectives. By skillfully fusing traditional motifs with contemporary aesthetics, Nigerian artists are creating a new visual language that resonates both locally and globally. Their works serve as potent storytelling tools, preserving cultural heritage while concurrently exploring contemporary themes and issues. As a result, Nigeria is going through a creative renaissance, with its art scene gaining international recognition. In Nigerian art, the combination of history with contemporary is not just an aesthetic decision; rather, it is a conscious attempt to close the gap between generations and promote a greater understanding of the country's rich cultural heritage. Nigeria is developing a new artistic identity as a result of the dynamic interaction between the past and present, establishing the country as a major participant in the international art market. #Nigerianart #Culturalheritage #icdnigeria

This is good news for Africa because of the massive investment opportunities and jobs it will bring into the entertainment industry, leading to growth. However, this brings to fore the need for Africa to build the necessary infrastructure. Live music thrives on good infrastructure like arenas, stadia and theatres. 🏛️ How many O2 Arena's do we have in Africa? How many Madison Squares?🏟️ Particularly in Nigeria that boasts to be the bastion of Afrobeats, Africa's championing sound, how many standard facilities can the country boast off? However, I commend Live Nation Entertainment for believing in Africa and for this bold move. Its plan to build a 12,000 capacity structure in Lagos is a testament to its belief in Africa's potential. Great reporting from Tochi Louis/Music Business IQ/Creator Economy IQ 🤝 #MusicBusiness #EntertainmentLawyer

This report/research is an important step in the right direction to save our creative economy. It provides initial insights in what needs to be focused on in Uganda. What stands out for me after reading this report is the need to develop our own markets and the development of business value for the industry. BAYIMBA's mixed funding model, the need for more capacity development players and the integration of traditional sounds by contemporary producers in music to get a Ugandan sound are also insightful findings. The report is available at britishcouncil.org

Africa’s moment is here – its creative and cultural sectors are booming globally. From Africa’s export of afrobeat sounds to the rising profile of African films and music on global platforms, the Creative Industries present an opportunity to propel innovation and unlock opportunities for the continent’s youthful and energetic population. On May 16 in Kigali, more than 20 leading practitioners from across several sectors will gather to discuss concrete ways to accelerate the growth of the industry.   Learn more: http://wrld.bg/5ftF50QUekp #ACF2024 #IFCCreativeIndustries

#FromAfrica2TheWorld A most memorable interview with the legendary Nik Gowing. I highlighted that sophisticated investors have been reaping the benefits of investing in the African geography, on a relatively consistent basis - irrespective of the economic cycles. Today’s African business leaders should no longer constraint themselves to past narratives. Africa has been steadily improving over decades. The way Africa is portrayed is only due to poor control of the #Narrative. Business owners can obviously continue asking for more from their governments. However they should forget the excuses of infrastructure challenges, prioritize pushing the boundaries of innovation, and be the change they want to see. More recently, phenomenal transformations have been occurring in untapped sectors across Africa. With the advent of #NewTechnologies, the whole world can now be an entrepreneur’s marketplace. Silverbacks Holdings philosophy is that the future belongs to those building tomorrow as soon as today. The founders we back share that fundamental belief with us. We cannot thank enough the FII Institute TV team alongside the formidable force of the media industry, Nik Gowing, for hosting us and providing this opportunity to share our message and vision. #WeOnlyGettingStarted.

Our Principal Partner, Bamidele Olamilekan pexxie, and Associate, Optimist Ibukun Ahisu, have co-authored an insightful article: Adele's Munich Concert: Economic Prospects and Legal Considerations for the Nigerian and African Entertainment Sectors. Adele’s Munich concert added more than €540 million to the local economy, showcasing the immense financial potential of large-scale events. This article examines how Nigeria and Africa can harness similar economic opportunities through world-class infrastructure, strong legal frameworks, and talent development. In this Article, they explore the legal and economic impact of large-scale events like Adele's concert, drawing parallels for the Nigerian and African entertainment industries. Read the full article to uncover how strategic investments in entertainment can drive economic growth across the continent. #lekanbamideleandco  #thebohemianlawyers #lawfirminikeja #lawfirminlagos #humansoflbandco #Adele #MunichConcert #AfroBeats #EntertainmentLaw

For decades, Africa's creative economy has thrived solely on its immediate creators. With Nigeria recently becoming the world's sixth largest music exporting country, behind giants such as the USA, UK, Colombia and South Korea, it's important to recognize that Africa's creative industry is full of potential. However, one question remains: how involved is the financial sector? In an article shared on Nigerian tech media TechCabal, Tochi Louis founder of The Jollof Diary, a data, business and market intelligence platform for the creative economy and music sector in Africa interviewed other key players in the field. Wakiuru Njuguna , Managing Director of HEVA Fund, spoke about the financial sector's skepticism towards the African creative industry. What do you think of her point of view ? -————- We are Fanaka&Co, your partner in the design and implementation of public policies to support the development of the private sector in Africa.

Cultural highlights Friday: Nigeria Have you ever heard “Jollof rice wars” or danced to Afrobeats. If yes, then you have experienced the Nigerian magic. Immigrants from Nigeria in the US are not just another community. They are a vibe and a movement, shaping culture across the country. Food: Nigeria jollof rice is one delicacy that sparks debates. Other delicacies Nigerians in the US are know for are pepper soup and spicy Suya. They always leave a lasting impression. It is not just eaten but celebrated at most family gatherings, street festival and restaurant. Music: Nigerian music have dominated the globe. The likes of Burna Boy shutting down stadiums. Then there is Tems winning the Grammy. If you tell yourself the truth, you must have danced to one of those music at least once. Brains: A lot of Nigerian brains are out there breaking barriers. We have doctors, tech innovators and entrepreneurs alike who bring their best to their different industries. We all know about the well read Chimamanda NogozinAdichie who makes us rethink the world with every word. Celebrations: If you have never been to a Nigerian wedding, we should ask you if you are living at all. Such celebration feature luxury and glam. Vibrant asoebi, non-stop music, with dance moves that will make you leave your two left feet behind. Nigerians are proof that culture is power. They light up every corner of the U.S. Where are the Nigerian vibes hitting near you? Drop it in the comments #CredoLaw #CredoLawLLC #immigrationLawyer #immigration #US #Nigeria #USCIS #Visa

In the wake of Singapore’s controversial deal with Taylor Swift’s Eras Tour, which subsidised concerts in the country in exchange for exclusivity in the region. Urs Haegler and Jun Kai Wee delve into the European Union's State aid rules and the key economic principles that underpin them. In the most recent issue of The Analysis, the authors examine how those principles could take root in Southeast Asia, allowing the region to develop its own regime incrementally. Read the full article: https://lnkd.in/e_iY_ZBs #TheAnalysis #erastour #taylorswift #singapore #stateaid