World Bank to support music industry in Ghana

Monday, April 4, 2005

In an interview with Ghana News Agency, Professor Komla Amoaku, Executive Director, Institute for Music and Development, said the initiative would expand Ghana’s export base substantially through the exploration of new areas of competitive advantage.
He called for the creation of the rightful business environment that could spearhead the huge potential of Ghana’s Music Industry and support poverty reduction, wealth creation and employment generation. He said these were all necessary conditions for the country’s attainment of the Millennium Development Goals and achievement of a middle-income status as stipulated in the GPRS document.
Prof. Amoaku, who is the Immediate-Past Executive Director of the National Theatre of Ghana, called for the creation of a music industry infrastructure with a strong network of performing, recording, publishing and performance rights agencies in one landscape. He also identified four broad objectives to enable Ghana to tap into the annual 1.5 billion dollars global African share of the world music market.
Story found here.

Source: Ghana News Agency