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Afreximbank announces next CANEX Weekend in Abidjan in November

Prof. Benedict Oramah

The next edition of the Creative Africa Nexus (CANEX) Weekend will be held in Abidjan, Cote d’Ivoire, taking place November 25-27th, disclosed the President and Chairman, Board of Directors, African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, who described the creative industry as a bankable market.

Addressing participants at the just-concluded 29th Afreximbank Annual Meetings (AAM2022) in Cairo, Egypt, Oramah said the creative industry had the power “to catalyse intra-African trade, create millions of jobs for the continent’s young population, and promote the emergence of national and regional value chains.”

Oramah in a statement, hailed the power of the creatives to spur industrial development, adding that Afreximbank instituted the CANEX programme to support Africa’s creative and cultural industries in a manner that would revolutionise the continent’s untapped talents.

“The CANEX programme represents an opportunity to unlock the best of Africa,” said Oramah as he gave assurance of Afreximbank’s continued support to the creative economy. He encouraged the youth of Africa to attend. “Come to us. We will support you.”

Managing Director, Afreximbank’s Intra-African Trade Initiative, Mrs Kanayo Awani, said: “The cultural and creative industries have merged to create one of the most dynamic sectors of the global economy.”  

AAM2022, which runs through Saturday, 18 June 2022, is being held under the theme: “Realizing the AfCFTA Potential in the Post-Covid-19 Era by Leveraging the Power of the Youth.”

The meetings were attended by business and political leaders, banking industry professionals, trade and trade finance practitioners and other parties involved in economic development from across Africa and beyond. The Meetings have been ranked among the most important gatherings of economic decision makers in Africa.

The creative industry has the power to catalyse intra-African trade, create millions of jobs for the continent’s young population, and promote the emergence of national and regional value chains.

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