24.3 C
Thursday, October 1, 2020
- Advertisement -

Afreximbank Honoured for Promoting Creative Industry, Announces Creative African Exchange


Development of Nigeria’s Digital Economy Anchored on Eight Pillars – A Speech by Isa Patanmi

I am highly delighted to launch the Digital Nigeria Portal and Mobile App as part of the implementation of our National Digital...

Why I Made TIME100 Most Influential People of 2020

Not every day do you wake up to this —honoured to be named to the 2020 Time100 from TIME. This has been...

Subsidizing the Naira Blocks Nigeria’s Economic Takeoff By Kingsley Moghalu

The Naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become productive, instead...

Africa, AfCFTA, The Private Sector and The Way Forward By Abdul Samad Rabiu

I start by congratulating African leaders on the opening of the AfCFTA secretariat last month. I believe the secretariat will further help...

The African Export-Import Bank (Afreximbank) has announced the Creative African Exchange (CAX) programme as it was honoured at the International Fashion Awards (IFA) for its role in supporting the creative industry in Africa.

Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative, received the IFA award on behalf of the Bank during the IFA 2019 awards ceremony in Cairo on 18 December.

At a press conference preceding the award, Ayman El Zoghby, Senior Manager in the Intra-African Trade Initiative, said that the CAX programme was an initiative aimed at promoting and showcasing talent in Africa’s creative and cultural industry. It would involve a series of cultural events, including a CAX Weekend in Kigali from 16 to 18 January and a CAX Week on the sidelines of the second Intra-African Trade Fair (IATF2020) from 1 to 7 September, also in Kigali.

According to him, CAX will provide a platform to bring together Africa’s creative talent in the film, music, arts, fashion and design sectors and will provide commercial opportunities within the creative industry.

Participants in the IFA ceremony included Malawian fashion designer Lilly Alfonso, who was sponsored by Afreximbank to present her winter collection on the fashion runway. Ms. Alfonso, who also received an award, was appearing in the IFA for the second time in a row, following her successful showing in the 2018 event. She was identified by the event organisers during IATF2018 in Cairo in December 2018.

Afreximbank rolled out the IATF under its Intra-African Trade Strategy in order to stimulate trade among African countries.

Ms. Awani told the audience that IATF2020 would provide a unique and valuable platform for businesses to access an integrated African market of more than 1.2 billion people with a GDP of over $2.5 trillion created under the African Continental Free Trade Area.

- Advertisement -


Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Akeem Lawal

Mr Akeem Lawal is a pioneering member of the Interswitch management team and is the current Divisional Chief Executive officer of Payments...

Ahmed Rady

Ahmed Rady is a managing director at Alta Semper Capital. He joined Alta Semper in 2018 as a Director. He brings more...

Olufunke Aiyepola

Olufunke Aiyepola is the chief executive of UTL Trust Management Services Limited. She studied Law at the University of Ife (now Obafemi...

Edefe Ojomo

Edefe Ojomo is a lecturer in the Department of Jurisprudence and International Law at the University of Lagos, Nigeria. She has a...

Afsane Jetha

Afsane Jetha is the Managing Partner and CEO of Alta Semper Capital, which she co-founded in 2015 alongside Ronald Lauder (Chairman of...