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

09Sep
Before the Titles, There Was Christine Lagarde

Before the Titles, There Was Christine Lagarde

From our news screens to our bookshops – UK indie Atlantic Books has bought president of the European Central Bank Christine Lagarde’s memoir.  Drummond Moir, Atlantic’s MD, acquired world English-language rights from Piper Verlag. Rights have also been sold in France and Italy.  The book will be published in hardback, trade paperback, e-book and audiobook […]

08Sep
Brazil Wants Its Books Read Worldwide

Brazil Wants Its Books Read Worldwide

The National Library Foundation (FBN) has opened applications for foreign publishers interested in translating and publishing works by Brazilian authors in international markets, as part of its program to promote Brazilian literature worldwide. Project submissions will be accepted until September 13, 2026, provided that the proposed works have previously been published in Brazil. Applications will […]

07Sep
Sonia Gandhi Tells Her Own Story

Sonia Gandhi Tells Her Own Story

Sonia Gandhi is preparing to open a deeply personal chapter of her life with her forthcoming memoir, Belonging: A Journey of Love, due for international publication on November 10, 2026. Spanning her childhood in post-war Italy, her move to India and her place at the heart of one of the country’s most prominent political families, […]

Related Posts

What’s Really Behind the “Bestseller” Label?

What’s Really Behind the “Bestseller” Label?

Sometimes, all it takes is the word “bestseller” on a book cover for its success to appear settled beyond question. The label compresses the choices of thousands of readers into a single claim and pushes the book to the forefront. Yet behind it lies a far more...

Did Borges Enter the Digital Labyrinth Before Us?

Did Borges Enter the Digital Labyrinth Before Us?

On 24 August 1899, a writer was born in Buenos Aires, the Argentine capital, who would spend his life among books, labyrinths, mirrors and questions without end. Jorge Luis Borges never knew the internet, never saw a smartphone screen or a search engine. Yet decades...

Mary Shelley Asked the AI Question First

Mary Shelley Asked the AI Question First

Mary Shelley was born in London on 30 August 1797, and would go on to give literature one of its most famous creations: Frankenstein. She was only eighteen when she began writing the novel, unaware that she was placing at its heart a question that would remain alive...

Previous Next
Close
Test Caption
Test Description goes like this