The African Export-Import Bank (Afreximbank) has announced the 2024 CANEX Deal Room, a platform designed to connect creatives with financiers and investors.
This initiative aims to support the development and growth of the creative and cultural industries in Africa and the diaspora.
Through the CANEX Deal Room, Afreximbank will provide entrepreneurs in the creative sector with the opportunity to present bankable projects and opportunities to financiers and investors.
The bank and its sister financial institutions will consider debt and equity financing for transactions in segments such as film and television, music, franchising, fashion, and infrastructure for the creative industry.
This announcement comes ahead of CANEX WKND 2024, Africa's largest gathering of creative industry professionals, taking place from October 16-19, 2024, in Algiers, Algeria.
The event will build on the success of previous editions, including CANEX at IATF2023 in Cairo, which brought together delegates from across the continent representing various creative sectors.
To be eligible for the CANEX Deal Room, applicants must meet specific criteria, including being Africa-based enterprises with at least 25% African ownership, having an operating history of at least 3 years, and employing at least 50% African talent.
Proposals must be submitted by October 1, 2024, to be considered. Late submissions will be disqualified.
Registration for CANEX WKND 2024 is free and now open. For more information and to submit your proposal, visit https://wknd.canex.africa/
CANEX WKND 2024 is hosted by Afreximbank, in partnership with the African Union Commission, the African Continental Free Trade Area Secretariat, and the Government of Algeria.
The event will build on the success of previous editions, including CANEX at IATF2023 in Cairo, which brought together delegates from across the continent representing various creative sectors.
Latest Stories
-
The charges against Sean ‘Diddy’ Combs explained
60 mins -
Second wave of Lebanon device explosions kills 20 and wounds 450
1 hour -
X says its return in Brazil after ban ‘inadvertant’
1 hour -
Nabdam farmers lament drop in prices of vegetables
3 hours -
Global vaccine alliance GAVI to buy 500,000 doses of mpox vaccine
4 hours -
Destruction of effigies: Accused to undergo brain scan
4 hours -
Harvey Weinstein pleads not guilty to new sex crime charge
4 hours -
US goes big with first interest rate cut in four years
4 hours -
What to know about Sean ‘Diddy’ Combs’ indictment
4 hours -
Demi Moore is over being perfect in new ‘risky and juicy’ horror role
4 hours -
I’ll give you accessible and quality leadership – Prof Titus assures Lambusie constituency
4 hours -
UCL: Gazzaniga howler sees Girona lose to PSG
5 hours -
No holds barred in new film on Prince Andrew scandal
5 hours -
UCL: Dortmund start new campaign with 03 win over Club Brugge
5 hours -
UCL: Man City, Inter play out goalless draw at Etihad
5 hours