Angola harnesses the potential of its creative industries
UNCTAD supports Angola to build vibrant cultural and creative industries to create jobs and trade opportunities.
Angola has more than 450 firms operating in the cultural and creative field with an annual turnover of more than $662 million, according to the country’s National Institute of Statistics. But these figures don’t cover informal activities, which have high significance in Angola’s cultural and creative industries.
A shared language and the presence of the Angolan diaspora in Brazil, Portugal and other Portuguese-speaking African countries have created an international market for Angola’s cultural and creative expressions like music, literature, audiovisual production, performing arts and handicrafts.
But Angola lacks proper resources, institutions and the capacity to benefit from its creative industries and diversify its oil-dependent economy. Read More…