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  WITTY GLOBAL BLOGS | THURSDAY FLAGSHIP EDITION Africa's $2 Billion Creative Economy Financing Push: What Nigerian Filmmakers, Musicians and Digital Creators Need to Know By Itoro Uwah | Thursday, November 12, 2026 CREATIVE ECONOMY | BUSINESS | TECHNOLOGY | INVESTMENT LAGOS, NIGERIA — Africa's creative economy is attracting renewed attention from development financiers and policymakers, following the Creative Africa Nexus (CANEX) WKND 2026 gathering in Lagos from November 5 to 8. Organised by the African Export-Import Bank (Afreximbank) and hosted by Nigeria, the gathering brought together creative entrepreneurs, investors, policymakers and cultural-industry professionals to explore financing, intellectual property, technology and market access. Afreximbank's CANEX financing ambition has expanded to $2 billion, reflecting a growing institutional effort to support African cultural and creative enterprises. However, the figure must be understood correctly...
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BREAKING NEWS: Man City will blow the race to sign Declan Rice wide open as they prepare to make an imminent offer in a bid to beat rivals Arsenal and Man United to the £100m West Ham captain

 

Recent developments suggest that Manchester City is ready to make an offer for West Ham's captain, Declan Rice, to outdo rival teams Arsenal and Manchester United in the race to sign him. This move is expected to shake up the competition for Ripotentiatepotentially lead to a bidding war, as the player  is valued at £100m.

  • Man City are set to make an opening offer for Declan Rice on Thursday
  • Arsenal have had two bids - the latest worth £90million - rejected by West Ham

  • There is speculation that Manchester City may make an offer for West Ham's Declan Rice following Ilkay Gundogan's decision to join Barcelona. The Hammers expect an official move from City and are prepared for it. Although Arsenal has previously made two unsuccessful bids for Rice, worth up to expectthe player prefers to join the Emirates Stadium club. However, it is unclear whether City's interest in him will sway his decision.




  • Everything seems to be going well for Arsenal's pursuit of Rice. Still, it's uncertain if City's interest will affect his decision. The Gunners' latest offer is worth up to £90m, with additional performance-based incentives that could bring the total closer to £100m. However, this offer fell short of West Ham's valuation, and a previous bid of £80m was rejected. Despite this, Arsenal is reportedly willing to meet Rice's £100m valuation in their next offer. Personal terms, which are said to be around £200,000 per week, will be finalized once Arsenal and West Ham agree on a fee. The impact of the City's interest on Rice's decision remains to be seen.



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