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You are here: Home / cat / Africa’s Creative Economy Spotlighted at timbuktoo Creatives Hub Showcase

Africa’s Creative Economy Spotlighted at timbuktoo Creatives Hub Showcase

Dated: September 5, 2025

This week, Cape Town’s historic Homecoming Centre in District Six hosted the timbuktoo Creatives Hub Showcase, an event organized by the United Nations Development Programme (UNDP) in South Africa in partnership with the Western Cape Government, the City of Atlanta, and other collaborators. The showcase highlighted Africa’s creative economy, placing it firmly in the global spotlight while celebrating the continent’s talent across design, music, multimedia, cultural heritage, and digital innovation.

The creative economy in Africa contributes over $4.2 billion to GDP annually and is a key driver of jobs, innovation, and economic growth, yet it receives less than one per cent of global creative economy investment. UNDP’s timbuktoo initiative seeks to change this by mobilizing US$1 billion in catalytic and commercial capital over the next decade, aiming to empower 10,000 youth-led startups, scale 1,000 high-impact enterprises, and impact 100 million livelihoods across sectors including fintech, healthtech, climate tech, and the creative industries.

The showcase featured live performances, exhibitions, and presentations from creative entrepreneurs, demonstrating the potential of Africa’s talent to compete on a global stage. The Hub has supported two cohorts within its first eight months of operations: 16 growth-stage enterprises, many of them women- and youth-led, and 30 early-stage creatives from nine countries, fostering cross-border collaboration. Beyond providing workspace, the Hub connects innovators to mentorship, markets, and investment pathways.

A milestone announcement during the event revealed that Atlanta would become timbuktoo’s first corridor node in the United States. This partnership, highlighted by Mayor Andre Dickens, will launch a CreativeTech Fund aimed at mobilizing diaspora investment and expanding market access for Africa’s creative industries, linking Atlanta’s music industry with Africa’s emerging creative tech startups.

Premier of the Western Cape Alan Winde emphasized the importance of Africa’s cultural and creative identity in driving the experiential economy, noting the region’s rich human and cultural capital. Collaborations with local institutions and creative collectives, alongside venture capital and other partners, are helping to build a commercially viable ecosystem that bridges traditional and non-traditional actors.

The timbuktoo Creatives Hub is part of a broader vision to catalyze Africa’s largest innovation and entrepreneurship movement, addressing barriers such as limited access to finance, fragmented ecosystems, and the digital divide. By advancing youth employment, women’s empowerment, and Africa’s participation in the global creative economy, the initiative directly contributes to the Sustainable Development Goals. The showcase underscored a clear message: with the right infrastructure, networks, and capital, creativity is not only cultural expression but a driving force for Africa’s development.

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