Abuja Chamber of Commerce advocates for African creative economy zones

Prof. Adesoji Adesugba, First Deputy President of the Abuja Chamber of Commerce and Industry (ACCI), has called for the establishment of dedicated creative economic zones to bolster Africa’s creative sector.

Adesugba proposed creating hubs in cities including Abuja, Lagos, Kano, Enugu, and Port Harcourt. These zones would ideally feature reliable electricity, fiber connectivity, studios, and post-production facilities, supported by competitive fiscal regimes. The goal is to ensure that value-added processes, such as animation, licensing, and data hosting, remain within the continent.

To support sustainable business models for creators, Adesugba urged improved financing and stricter copyright enforcement. He specifically called on banks and development finance institutions to recognize creative assets, such as film libraries, design portfolios, and royalty streams, as valid collateral for financing.