Home 5 Articles and Reports 5 Africa is the growing market for the future

Africa is the growing market for the future

by | Oct 31, 2019 | Articles and Reports, News

“Africa is rising”, declared Gbadega Adedapo, president of the Nigerian Publishers Association, on the final day of the Sharjah Publishers Conference, ahead of the Sharjah International Book Fair.  Part of the reason for that rise was touched on in keynote addresses by Samuel Kolawole, chair of the African Publishers Network (APNET) and Sheikha Bodour al Qasimi, vice-president of the International Publishers Association (IPA).

Kolawole said: “As the Global Partnership for Education observed ‘Africa is currently the youngest continent in the world and will continue to be for the next several decades.  By 2100, almost half of the world’s young people will be African.’”

He described the Memorandum of Understanding signed on the sidelines of the IPA’s Africa seminar in Nairobi earlier this year as a landmark agreement and said that looking ahead, APNET and the IPA should focus on a number of areas including capacity building and manpower development through regional workshops and training; develop sustainable data generation, the lack of which is a much mentioned problem in the region; and “supporting the promotion of intra-African book trade, especially in view of the enormous opportunities presented by the African Continental Free Trade Agreement which is bringing together the 1.2 billion population of Africa across 54 countries in a single market with a GDP of more than $3 trillion”.

In Sheikha Bodour’s well-received speech she talked about the importance of Africa, the Middle East and Asia.  “They have the growth potential. They are attracting more attention on the global stage as publishing and pop culture become more globalised.  And of course, the device in our pockets is only making this happen more quickly.

“I believe that it is in these emerging markets that the readers of the future are to be found.  Around 90% of the global population under 30 are in emerging markets, with Africa and the Middle East having the highest proportion. Emerging and developing markets also account for almost 60% of global GDP, up from just under half only a decade ago. These are the book buyers of the future and it is our duty as publishers to provide them with the material they need so that they can lead successful, fulfilled lives.”

Recent News

14Jan
56th Cairo Book Fair: A Global Celebration

56th Cairo Book Fair: A Global Celebration

The 56th Cairo International Book Fair Starts From January 24   Under the theme “Read… In the Beginning Was the Word,” the 56th Cairo International Book Fair will be held from Jan. 24 to Feb. 5, 2025, at the Egypt International Exhibition Center. The Sultanate of Oman is the Guest of Honor for this year’s edition, […]

14Jan
Giller Prize Sparks Controversy Over Sponsor’s Ethics

Giller Prize Sparks Controversy Over Sponsor’s Ethics

An advocacy group is calling for the Giller Foundation to push lead sponsor Scotiabank to fully divest from Elbit Systems, an Israeli arms company. Canada’s Giller Prize was recently awarded to novelist and poet Anne Michaels for her novel Held amid controversy. The Giller Prize is Canada’s most lucrative literary award, with a prize package […]

14Jan
Ahmed Al Ali Appointed as General Manager of Kalimat Group

Ahmed Al Ali Appointed as General Manager of Kalimat Group

Bodour bint Sultan Al Qasimi, has appointed Ahmed Al Ali to be the new General Manager of Kalimat Group, the innovative Arabic language publishing house she founded and leads as CEO.   At a meeting with the Kalimat Group team, Bodour the Founder and CEO, shared her vision for the future of Arabic publishing and […]

Related Posts

56th Cairo Book Fair: A Global Celebration

56th Cairo Book Fair: A Global Celebration

The 56th Cairo International Book Fair Starts From January 24   Under the theme "Read... In the Beginning Was the Word,” the 56th Cairo International Book Fair will be held from Jan. 24 to Feb. 5, 2025, at the Egypt International Exhibition Center. The Sultanate of...

Giller Prize Sparks Controversy Over Sponsor’s Ethics

Giller Prize Sparks Controversy Over Sponsor’s Ethics

An advocacy group is calling for the Giller Foundation to push lead sponsor Scotiabank to fully divest from Elbit Systems, an Israeli arms company. Canada’s Giller Prize was recently awarded to novelist and poet Anne Michaels for her novel Held amid controversy. The...

Ahmed Al Ali Appointed as General Manager of Kalimat Group

Ahmed Al Ali Appointed as General Manager of Kalimat Group

Bodour bint Sultan Al Qasimi, has appointed Ahmed Al Ali to be the new General Manager of Kalimat Group, the innovative Arabic language publishing house she founded and leads as CEO.   At a meeting with the Kalimat Group team, Bodour the Founder and CEO, shared her...

Previous Next
Close
Test Caption
Test Description goes like this

Pin It on Pinterest