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Nairobi Business Monthly
Home»Society»Content creators want to explore monetization, career opportunities
Society

Content creators want to explore monetization, career opportunities

International Creators Day acknowledges contribution of “career digital creators” and their ability to inspire, entertain, and educate communities worldwide.
NBM CORRESPONDENTBy NBM CORRESPONDENT15th April 2024Updated:15th April 2024No Comments4 Mins Read
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International Creators Day acknowledges contribution of “career digital creators” and their ability to inspire, entertain, and educate communities worldwide.

Content monetization and career opportunities will be high on the agenda as Kenyan social media influencers, and public and private institutions join the global community to celebrate the International Creators Day on April 23.

According to the International Creator Day Kenya Coordinator and the Kenya Social Media Awards (SOMA) Director, Mr. Martin Muli, the event will give creators, brands and industry service providers a platform to meet and interact through exhibitions and conference.

The Nairobi Law Monthly September Edition

The day will bring together the creator ecosystem to showcase latest production equipment’s and technology that enable content creation, distribution and management.

“We have designed the event to be one of the largest convergence of creators, brands and content creation enablers in the region. It will bring together renowned content creation thought leaders, experts and practitioners to deliver quality sessions,” said Mr. Muli.

Major highlight of the celebrations will be a conference where industry thought leaders, experts and practitioners in the creator space will explore different global and local trends through different sessions held at the conference.

Content monetization, engagement, tools and equipment’s, brand influencing, and creator start-up financing are some of the topics to be explored at the conference. Representatives from leading digital platforms, creator management agencies and industry brands have confirmed attendance.

The event will include an exhibition where industry enablers will showcase latest innovations, equipment’s and new tools for creators. There will be also a Creators Studio where people will walk in and create content instantly.

Mobile telecommunications service provider, Safaricom and the University of Nairobi are some of the institutions that have confirmed their participation with Safaricom as the anchor sponsor.

“This celebration creates endless possibilities for established and upcoming content creators. Young people can monetize their content and at the same time become valuable talent with skills that are relevant in the modern workplace. Through our youth platform Safaricom Hook, we are at the forefront of collaborating with the youth and empowering them to pursue their passions,” Safaricom’s chief consumer business officer, Fawzia Ali.

Ms Ali added that it is time to empower and upskill the creators who bring favorite stories, art, and content to life.

Last year, the mobile services provider launched Safaricom Hook, a platform that seeks to empower the youth by leveraging the power of technology. The platform focuses on three hooks; technology, career and culture, to nurture and support the aspirations of Gen Z demographic and transform their lives by being a technology enabler.

University of Nairobi’s Corporate Affairs Director Mr. John Orindi said: “We are at the forefront of digital transformation and in the lookout for opportunities that will empower our students with modern skills that will give them a competitive edge in the job market. We want our students and the lecturers to be part of the emerging creator economy that presents employment and entrepreneurship opportunities.”

Kenya’s digital content creator economy has grown significantly over the past few years with creators monetizing and sharing their work with larger audiences.

Memes, videos, vlogs, livestreams, blogs, courses, photos, comics, games, infographics and apps are examples of content that have become popular as content making continue to become a sought-after profession in the country.

The creator economy has mushroomed and is expected to grow even more in the coming years, according to a study published by Goldman Sachs in 2023.

The research shows the 50 million global creators will grow at a 10-20% compound annual growth rate during the next five years. Only about 4% of global creators are deemed professionals, meaning they pull in more than $100,000 a year

Creators earn income primarily through direct branding deals to pitch products as an influencer; via a share of advertising revenues with the host platform; and through subscriptions, donations and other forms of direct payment from followers. Brand deals are the main source of revenue at about 70%, according to survey data.

The Nairobi Law Monthly September Edition
Goldman Sachs John Orindi Kenya Social Media Awards Martin Muli Safaricom Safaricom Hook SOMA University of Nairobi
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