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Nigeria seeks Creative Fund Manager to boost digital and creative industries
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Technology

Nigeria seeks Creative Fund Manager to boost digital and creative industries

From Premium Times · (11m ago) English Positive tone

Translated from English, summarized and contextualized by DistantNews.

TLDR

  • The Nigerian Federal Government is seeking a Creative Fund Manager to manage investments in the digital and creative industries under the iDICE Programme.
  • The iDICE Programme, supported by international development banks, aims to boost innovation, entrepreneurship, job creation, and talent upskilling in these sectors.
  • The Fund Manager will be responsible for designing, setting up, and managing the fund's operations, including investment decisions and policy formulation.

Nigeria's commitment to fostering innovation and economic growth in its burgeoning digital and creative sectors is gaining significant momentum with the launch of the Investment in Digital and Creative Enterprises (iDICE) Programme. This initiative, backed by substantial support from the African Development Bank, Agence Franรงaise de Dรฉveloppement, and the Islamic Development Bank, signals a strategic push by the Federal Government to harness the immense potential of these industries.

The establishment of the iDICE Programme is a direct response to the recommendations of the Advisory Council for Technology and Creativity, highlighting a government that is actively listening to expert advice and translating it into actionable policy. The core objective is clear: to stimulate job creation, enhance skills, and build a robust ecosystem that can drive economic diversification and expansion.

By seeking a Creative Fund Manager, the government is not just allocating funds; it is bringing in specialized expertise to ensure these investments are strategic and impactful. The scope of work for the Fund Manager is comprehensive, encompassing everything from the legal and financial structuring of the fund to the meticulous selection and management of investments. This meticulous approach is crucial for building confidence among investors and ensuring the long-term success of the programme.

This initiative is particularly significant for Nigeria, a nation brimming with young talent and creative energy. The digital and creative industries represent a powerful avenue for economic development, offering opportunities for entrepreneurship and innovation that can compete on a global scale. The iDICE Programme is poised to unlock this potential, transforming creative ideas into sustainable businesses and contributing significantly to the nation's GDP. It's a forward-thinking strategy that positions Nigeria at the forefront of Africa's digital and creative revolution.

DistantNews Editorial

Originally published by Premium Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.