AOT Lagos 5.0 Keynote Session Delivered by Kunle Afolayan

1. Creative
Economy and a
Digital Lagos
By Kunle Afolayan
Actor, Film maker, Entrepreneur

2. Overview of the
creative revolution
in Africa
Africa is going through a big creative change, we have witnessed a surge in creative output with a blend of culture
and diversity.
There's a lot of new and exciting creative stuff happening, especially with young people. Nigeria in particular is like a
powerhouse, using its rich artistic history and modern creativity to drive this big change.
Importance of innovation, ecosystems, and technology

3. Creative Economy:
Think of the creative economy
as a treasure chest of artistic
talent. It's about turning
creativity into something
valuable, like a job or a
business.
Digital Lagos:
Imagine Lagos, a bustling
city using technology to
boost creativity. Its like
giving wings to ideas
making them fly far and
wide.
Significance of the theme:
"The Creative Economy and a Digital Lagos"
Combining the creative economy with a digital Lagos is a
game-changer, allowing African creativity to shine worldwide.
It means more artists and creators can share their work
globally, reaching new audiences. It's not just about local
success; it's also international

4. Africa's Creative
Revolution
Africa, led by Nigeria, is on a creative adventure,
and guess what's leading the charge? It's our
very own Nollywood!
The secret behind this creative boom? Young
people, lively cities, and our ever-changing ways
of enjoying things.
Think of it as a huge opportunity for all things
creative.
Nigeria is like the superhero in this story,
blending its rich history with the new school.

5. Challenges
• Inadequate Infrastructure
• Funding Limitations
• Intellectual Property Issues
• Policy Gaps

6. Opportunities
• Cross-Border Collaboration
• Market Expansion
• Economic Growth
• Cultural Exchange
• Investment Opportunities

7. Africa's share of global creative goods exports is 2.9%
UNCTAD report: $58.4 billion contribution, less than 1% of African GDP
Africa stands not just as a participant but as a dynamic force through
Cultural Influence
Economic Force
Innovation Hub
Digital Connectivity
Collaborative Spirit
Global Perspective on Africa's
Creative Economy

8. • Encourage a culture of open communication
• Embrace diverse perspective
• Empower individuals to experiment and make decisions, and celebrate
successful ideas.
• Foster an environment where curiosity and learning are valued.
How to create a conducive
ecosystem for innovation?

9. • Harnessing technology and digital platforms for creative
entrepreneurship means using digital tools to turn creative
ideas into successful businesses.
• Technology opens up new opportunities and makes it easier
to connect with people who appreciate your creativity.
• Technology opens up new opportunities and makes it easier
to connect with people who appreciate your creativity.
Leveraging technology and
digital platforms for
creative entrepreneurship

10. Creating a
Conducive
Ecosystem
Collaborative efforts: government, industries, academia
Building infrastructure, streamlining regulations, providing funding
and market access

11. Collaborative Networks
and Partnerships
The state identifies potentials and provides creative opportunities and
forms alliances with stakeholders.
When people or groups team up, they bring different ideas and skills
to the table. This mix often leads to really innovative solutions that
one person or group might not think of alone.

12. Kunle Afolayan has a 3 film slate with
Netflix; SWALLOW, ANIKULAPO,
IJOGBON

13. Technology
as a Catalyst
for Change
• Embracing technology means using
it to your advantage.
• Digital platforms make it easier for
everyone to enter the market,
creating equal opportunities.
• Using data-driven insights is like
having a guide to navigate through
the creative landscape, helping you
make informed decisions and find
your way to success.

14. The KAP Journey
Golden Effects Pictures is a film production company established in July 2005, with a focus on
culturally conscious films.
The company has grown from Golden Effects Pictures to KAP Motion Pictures, and extending
it’s creativity to Education (KAP Film and Television Academy, REEL Circle),
Hospitality (Afefeyeye restaurant and bar, KAP Cinema), Fashion (Ire Clothings), Entertainment
(KAP Sound Stage, KAP Music) and Tourism (Kap Film Village and Resort)

17. Inspirational
Insights
Creative Journey, Lessons learned,
Adaptation, innovation, pursuit of creative
excellence

18. THANK YOU