'Aid to Africa' has been a dominant theme in the media and political arenas for many years. Yet, despite the billions of dollars in development-related aid, many argue that it has done little to reduce poverty or stimulate economic growth. In contrast, the music industry in Africa has grown exponentially over the last decade and has had a direct impact on Africa's economy. African musical acts of varying genres have worldwide recognition, concert attendance numbers are in the tens of thousands, and homegrown music festivals draw a global audience. Examine the growth of the music economy in Africa and the opportunities it presents locally and internationally.
This was the official blurb for a SXSW 2012 Interactive Panel that saw Africa's rising music economy discussed. Thanks to Matthew Dawes ,one of the panelists, I was able to find the session's podcast, available here.
Also interesting to note that Society HAE have proposed a panel session for 2013's conference: The Promised Land: Can Africa Save The Music Biz?
Among other things, the panel proposes to focus to look at what Africa's growing economy and youth population mean for the Music Industry, as well as the partnership opportunities that exist locally for foreign investors, artists and record labels.
Let's wait and see if their panel proposal is selected, but I think the conversation can start/continue.
What do you make of Africa's music economy, as a consumer and/or producer? Feel free to share in the comments section :)
Your article about Africa's Music Economy is really informative. Thanks for sharing your experience with us . Africa is a wonderful place as well as Afrikaans culture, tradition is awesome. We are making plan to go Africa in summer vacation and hope that it would be a wonderful journey.
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