ABSTRACT
Appropriate and available finance is a crucial factor in the development of cultural and creative industries (CCIs) around the world. Yet, its importance is often underestimated and our understanding of the ways in which financial instruments and policies support creatives and their businesses remains limited. This is especially true in markets within Africa where traditional commercial financing models that require securitisation cannot work for the sector. Drawing on a case study of HEVA – a Nairobi-based creative finance organisation – this chapter explores how new intermediaries can contribute to the innovative development and provision of funding for CCIs in Africa.
