CBAAC examines Arts and Culture and Development of African Creative Economy

The Centre for Black and African Arts and Civilization (CBAAC) has analyzed Arts and Culture and Development of African creative economy during its Annual Lecture held yesterday in lagos.

Speaking at the lecture, The Director-General of the Agency, Hon. Olubunmi Amao explained that the Centre has the responsibility of spearheading the promotion of Black and African art, history, culture and civilization with the intent of highlighting such critical areas where Black and African peoples have made and continued to make meaningful impact to world civilization.

According to her, The creative economy is one of the most rapidly growing sectors in the global economy, offering new and high-growth opportunities, especially for developing and emerging countries.

Hon. Olubunmi alluded to the fact the sector contributes to meeting the sustainable development goals by generating income and export earnings, and by creating jobs, as outlined in the United Nations Creative Economy Report for 2020), adding that Creative goods and services boost economies and contribute to inclusive social development, and to dialogue and understanding between people.

She explained that Africa’s Creative Sector has continued to draw global attention because of its role in increasing Gross Domestic Products (GDP) of African countries, noting that it is also tipped to replace oil which is largely the mainstay of the Nigerian economy.

“As parts of her mandate, the Centre has the responsibility of spearheading the promotion of Black and African art, history, culture and civilization with the intent of highlighting such critical areas where Black and African peoples have made and continued to make meaningful impact to world civilization.

“The creative economy is one of the most rapidly growing sectors in the global economy, offering new and high-growth opportunities, especially for developing and emerging countries.

“It contributes to meeting the sustainable development goals by generating income and export earnings, and by creating jobs, as outlined in the United Nations Creative Economy Report for 2020). Creative goods and services boost economies and contribute to inclusive social development, and to dialogue and understanding between people.

“Africa’s Creative Sector has continued to draw global attention because of its role in increasing Gross Domestic Products (GDP) of African countries. It is also tipped to replace oil which is largely the mainstay of the Nigerian economy. For the Continent of Africa, our Arts and Culture represent creativity and they remain critical to the advancement of the Creative Economy in Africa.” She stated.