Johannesburg, 09 July 2018 – Tshimologong Digital Innovation Precinct, founded by Wits University has today launched a Digital Content Hub, an incubator of innovative and creative audio-visual content, in partnership with Agence Française de Développement (AFD) and the French Institute of South Africa (IFAS).
Established in 2016 in the vibrant inner-city district of Braamfontein, Johannesburg, Tshimologong Digital Innovation Precinct incubates digital entrepreneurs and grows the skills pipeline for the digital economy through collaboration with academia, corporates, government and entrepreneurs.
A three-year EUR 950, 000 (R 14,500,000) grant from AFD will enable Tshimologong to expand its activities to incorporate audiovisual content creation (animation, virtual reality, augmented reality, mixed reality, holograms, 360° video, web content, video games, applications, web series and music). This Digital Content Hub will be based at the Precinct in Braamfontein and managed by Tshimologong in collaboration with key players in the multimedia and cultural and creative industries sector in France.
Tshimologong Precinct, CEO, Lesley Williams says that this level of funding and commitment to South Africa is important: “We need this kind of partnership for much needed skills development in the country. This partnership will further create market access between French companies and South African startups, driving investment opportunities for digital content businesses. It is a win-win for all involved and Tshimologong is excited to work with both the AFD and IFAS.”
This is the first investment by AFD in the area of digital innovation in Southern Africa and reflects the organisation’s new focus on financing cultural, creative and tech industries as key players in local economic development.
“The cultural and creative industries are capitalising on the tremendous momentum of digital innovation and entrepreneurship in Africa. From fashion to visual arts, from film to music – culture creates jobs, stimulates the economy, and enables inclusive and sustainable growth, while helping to better address issues of education, citizenship and the environment.
AFD, by financing the Digital Content Hub, is proud to be associated with Tshimologong Digital Innovation Precinct, and in doing so, it puts innovation and creative industries in the heart of its mission in South Africa”, said Martha Stein-Sochas, AFD Southern Africa Regional Director.
The idea of establishing a Digital Content Hub was born from an existing collaboration between Tshimologong and Digital Lab Africa, an initiative launched by IFAS in 2016 to support African start-ups creating multimedia content to realise their projects with the support of French and African leading companies (studios, producers, broadcasters, distributors, experts). Tshimologong and IFAS have thus joined forces to integrate the existing Digital Lab Africa system within a new Digital Content Hub physical incubator project.
“The Digital Content Hub ensures the longevity of the Digital Lab Africa and its capacity to develop in Tshimologong, the prestigious South African innovation cluster. The positioning of a Franco-South African partnership in the heart of Johannesburg is an asset for the development of ICT in Africa while fostering opportunities to collaborate between our two markets and enhancing French expertise. It is fully in keeping with the Embassy’s innovation strategy, which favours partnerships between French and South African ecosystems”, said Ambassador of France to South Africa, H.E. Mr. Christophe Farnaud.
Access to digital technologies is spreading fast in Africa where most people access the internet and digital content on their mobile phones. In this context, the intersection between multimedia and digital technologies is generating unprecedented opportunities for creating fresh, local content for the African market. It is estimated that by 2022, there will be more than 36 million pay TV subscribers in Africa and that there will be a strong migration of content toward digital and mobile operators with video-on-demand platforms such as Iroko, TRACE Play, ShowMax taking the lead.
The new content incubator project will include:
By 2021, Tshimologong is expected to have fully incorporated digital content development into its activities in a self-sustainable manner.
Finally, Tshimologong is broadening its current partnership base to include South African and French companies with a view to fostering expertise exchange, skills transfer and business opportunities for French and African business.
For more information and media enquiries, please contact:
Chiara Frisone (AFD): +27 72 664 8003 firstname.lastname@example.org
Erika Denis (IFAS): +27 11 727 5105 AudioVisual.Attache@ifas.org.za
Samantha Watt, GinjaNinjaPR: +27 84 458 4857 email@example.com
About Tshimologong Digital Innovation Precinct
Setswana for “new beginnings”, Tshimologong is Johannesburg’s newest high-tech address in the vibrant inner-city district of Braamfontein, where the incubation of start-ups, the commercialisation of research and the development of high-level digital skills for students, working professionals and unemployed youths takes place. The Precinct was launched in September 2016 with support from major companies including Microsoft, TIA, Teraco, Cisco, Datacentrix, BCX, ACSA and MMI. Gauteng Province through its Department of E-Government and the City of Johannesburg have also provided significant support. The Precinct also houses the prestigious IBM Research’s Lab Africa – one of only 12 such facilities in the world. Website: www.tshimologong.joburg
About French Institute of South Africa (IFAS)
As the cultural agency of the Embassy of France in South Africa, the French Institute of South Africa (IFAS) is the operator of the cultural action of France abroad, one of 96 institutes in the world. IFAS organises and supports artistic events and scientific projects throughout the country. Of these, the audiovisual projects develop links and long-term partnerships between the South African and the French cultural industries in the fields of innovation, training, storytelling, production, distribution, professional markets, public policies and regulation frameworks. Digital Lab Africa is IFAS audiovisual department’s main programming. It is the 1st platform dedicated to creative content (web creation, virtual reality, video game, animation, digital music) linked with innovation in Africa (francophone & anglophone). The very idea of DLA is to incubate emerging creative talent by offering them a springboard to jump-start and accelerate their projects with the support and expertise of DLA partners (Key French and African ICT players) www.digilabafrica.com.
About Agence Française de Développement (AFD)
AFD is an inclusive public financial institution and the main actor in France’s development policy. It makes commitments to projects that genuinely improve the everyday lives of people, in developing and emerging countries and in the French overseas territories.
AFD works in many sectors – energy, health, biodiversity, water, digital technologies, training – and supports the transition to a safer, more equitable and more sustainable world: a world in common. Its actions are fully in line with the Sustainable Development Goals (SDGs).
Through its network of 85 agencies, AFD operates in 109 countries and is currently supporting over 3,500 development projects. In 2017, it earmarked EUR 10.4bn to finance these projects.