The African Export-Import Bank, known as Afreximbank, has teamed up with the Development Bank of Nigeria to roll out a $75 million finance facility aimed at small and medium-sized businesses, with a specific focus on the creative sector.
The partnership is designed to do more than move money. Ms Awani noted that pairing financial support with hands-on practical assistance will help businesses get ready for export markets and find buyers across the continent and beyond.
For creatives and entrepreneurs who have long felt locked out of serious funding conversations, this kind of institutional backing could open doors that were previously hard to reach. Watch this space.
Originally published by Premium Times.