Afreximbank
Source: Afreximbank |

Afreximbank announces aim to double Creative Africa Nexus (CANEX) funding to $2 billion to boost Africa’s creative economy

Afreximbank has seen a significant increase in opportunities within industries from film production and music to fashion manufacturing and sports

President and Chairman of the Board of Directors of Afreximbank (www.AfreximBank.com), Professor Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus (CANEX) programme from $1 billion to $2 billion for the next three years. The announcement was made during the CANEX WKND 2024 opening…

Afreximbank
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    • Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank delivering her opening statement
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Source: Afreximbank |

Afreximbank announces $1-billion African Film Fund

Mrs. Awani said that the fund would oversee film financing, co-finance with large studios, finance African filmmakers and finance producers and directors of film projects across the continent

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023 CANEX Summit held…