Absa Group Limited has officially announced its strategic partnership with AMPD Studios, marking a significant investment in Africa’s first fully integrated creative industry hub. The collaboration aims to unlock sustainable economic opportunities for young creatives across music, film, podcasting, gaming, and digital content, positioning creativity not just as culture, but as commerce.
Speaking at the launch, Thabisa Mkhwanazi, Group Managing Executive at Absa, said the partnership recognises that the way young people earn and build careers is changing. Through this partnership, Absa will add financial support to that journey, helping creatives move from passion projects to structured, sustainable businesses.
“Young people are no longer waiting for traditional career paths to open. They are building brands, monetising platforms, and creating opportunities for themselves. We recognise that the creator economy is not informal, it is entrepreneurial. Our role is to ensure that young creatives have access to financial tools, knowledge, and support to build sustainable businesses.”
According to recent data released by Stats SA 2025/2026 data, youth unemployment remains one of the country’s most pressing challenges. Each year, thousands of graduates enter the market with qualifications but limited access to formal employment pathways. It is within this context that investment in alternative economic sectors, including the creative economy, becomes increasingly critical.
The creator economy, which includes music, digital content, design, performance, and cultural entrepreneurship, is quickly becoming a real way for young South Africans to earn money. From independent artists and producers to online content creators and event organisers, young people are building businesses outside traditional corporate paths. But even though creativity is strong, financial support and recognition for this sector have often been lacking. Through initiatives linked to the partnership, young creatives will gain access to financial literacy support, guidance on managing income and building credit, and tailored financial solutions that address the realities of irregular earnings and entrepreneurial growth.
AMPD, a world class music recording, video, gaming and podcasting studio in Newtown, Johannesburg, has become a lively, creative space where young artists, producers, and digital creators grow their skills and get real exposure.
This partnership with AMPD is one of the ways Absa is supporting young people. It links to the bank’s All In youth campaign and competition, which inspires young South Africans to fully commit to their ambitions, from studying and starting businesses to innovating and creating.
Recognising that many creatives are also students navigating financial pressures, Absa continues to offer accessible entry points into the financial ecosystem. These include the Absa Student Account with zero monthly fees, opportunities to win retail vouchers, student loan solutions with interest from prime to support tuition, textbooks, or accommodation, and a Student Credit Card with zero monthly fees designed to help young people responsibly build their credit record.
There are also some great extra benefits for young customers. With an Absa Student Account or Student Credit Card, you get free Absa Rewards, which means you can earn while you spend. You also have access to the Absa Savings Coach to help you build better money habits, unlimited free withdrawals and card transactions, and even access to Bidvest Airport Lounges if you have a qualifying credit card.
Mkhwanazi said this partnership is not just about today, but about building long-term support that helps young creatives grow and succeed over time. “Empowering youth means giving them more than encouragement; it means giving them structure. With AMPD, we are helping young creatives manage their income, protect their work, and build strong businesses that can grow over time.”
As South Africa works to open more doors for young people, the Absa x AMPD partnership highlights a simple truth: creativity is not a side hustle; it is a real path to growth and economic progress.
















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