Africa's Creative Industry Gets Infrastructure Boost

Infrastructure Investment in the Creative Space - Lack of capital investment in infrastructure disadvantages African creatives [1] - Increased capital flow towards infrastructure positively impacts the sector by lowering production costs and improving access to spaces [1] - Infrastructure includes both physical (studio, event spaces) and digital infrastructure [2] - Underinvestment in infrastructure is a significant issue [2] HEVA Fund's Investment Strategy - HEVA Fund channels investments towards infrastructure [4] - Working capital is a prominent gap for creative businesses, especially for production and expansion [4] - Traditional banks are slow or inaccessible for creative businesses' working capital needs [5] - HEVA Fund invests in working capital directly to businesses, especially for local purchase orders [5][6] - HEVA Fund aims to unlock working capital challenges for creatives operating on e-commerce and aggregator platforms [6]