Home 5 Articles and Reports 5 Africa’s Publishing Future: Towards an $18.5 Billion Market

Africa’s Publishing Future: Towards an $18.5 Billion Market

A 2025 UNESCO report revealed that Africa contributes only 5.4% to the $129 billion global publishing market, generating no more than $7 billion annually. The report attributed this modest share to weak national policies, the absence of tax incentives, and a heavy reliance on imported books.

 

According to the estimates, Africa’s publishing industry could expand to $18.5 billion in the coming years if supportive policies are adopted and strategic investments are made. The report urged governments to develop national book policies that encourage reading, regulate book circulation, and provide financial incentives for publishers and distributors.

 

Among its recommendations, UNESCO highlighted the importance of strengthening public libraries, particularly in rural areas, through infrastructure upgrades and improved governance and funding models. In Kenya, some initiatives are already taking shape, notably the restoration of the historic McMillan Memorial Library in Nairobi, spearheaded under the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, with support from the 2019 UNESCO World Book Capital and in collaboration with the non-profit Book Bunk.

 

The report also underscored Africa’s digital shift and thriving literary culture, with around 270 book fairs and festivals held across the continent each year, alongside a significant expansion in e-book and audiobook production. While challenges remain, Africa’s young, tech-savvy population provides a strong foundation for building a competitive publishing industry with global reach.

 

Recent News

06Feb
London Book Fair Announces New Venue

London Book Fair Announces New Venue

There is a sense of change in the air, and also a sense of deja vue.  The London Book Fair has announced that it will move to Excel in Docklands in east London in 2027, some 20 years after it made a controversial move to the same location in 2006.   The LBF said that […]

05Feb
Dar al-Saqi Withholds Mai Ghoussoub Prize 2026

Dar al-Saqi Withholds Mai Ghoussoub Prize 2026

Dar al-Saqi has announced the withholding of the Mai Ghoussoub Prize for the Novel in its fourth edition for 2026, a decision that reflects the publisher’s firm commitment to its literary and artistic standards and reaffirms its vision of the prize as a space for discovering new narrative voices and offering them a true first […]

05Feb
IPAF 2026 Shortlist Revealed

IPAF 2026 Shortlist Revealed

2026 IPAF Shortlist Celebrates the Diversity and Questions of Arabic Narrative   The International Prize for Arabic Fiction (IPAF) has announced the shortlist for its 19th edition, revealing six novels that reflect a wide spectrum of narrative experimentation and literary inquiry. The shortlisted works are The Origin of Species by Ahmad Abdulatif, Siesta Dream by […]

Related Posts

Winter and the Return to Reflective Reading

Winter and the Return to Reflective Reading

With the arrival of winter, it is not only the weather that changes, but the rhythm of life itself. The pace of days softens, the urgency of speed recedes, and we find ourselves turning inward rather than outward. In this quieter atmosphere, our relationship with...

How Does the New Generation Read Gibran Today?

How Does the New Generation Read Gibran Today?

On his birth anniversary on January 6, the name of Gibran Khalil Gibran returns to the cultural spotlight, not as a writer encountered through a complete reading experience, but as a renewed presence within the digital sphere. He is widely visible today, yet in a form...

Previous Next
Close
Test Caption
Test Description goes like this