Afrexim Bank commits $200m as FEC okays Creative Economy Development Fund

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Afrexim Bank commits $200m as FEC okays Creative Economy Development Fund …C0NTINUE READING HERE >>>

The Federal Executive Council meeting presided over by President Bola Tinubu has approved the establishment of the Creative Economy Development Fund to pool resources for those in the creative industry.

Minister of Arts, Culture and Creative Economy, Hannatu Musawa revealed this shortly after the meeting, which held at the Council Chambers of the Presidential Villa, Abuja.

She said the Ministry has gotten commitment from Afrexim Bank to the tune of $200 million to kick start the Fund.

“FEC gave approval for the creation of a creative economy development fund. This is a special purpose…

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