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...
BAE, Cellula Robotics Partner On Underwater Drone, With Test Next Year, According To By Elisabeth Gosselin-Malo
Underwater Drone- BAE Systems is partnering with Canadian company Cellula Robotics to showcase its extra-large autonomous underwater vehicle in the U.K. next year, the British firm announced Tuesday.:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/NQ225NWC5ZHBNLN2WO3L2IKFAQ.png)
As the undersea battlespace matures, some companies are looking to speed up the development of uncrewed platforms that can work with crewed vessels to cover larger surface areas or serve as smaller alternatives to submarines to carry out covert operations. Among these is BAE Systems’ maritime services division, which launched its Herne extra-large autonomous underwater vehicle last year after noticing a market availability gap in this platform size.
The Herne was designed so users could launch and recover it in several ways, including from harbours, ships or submarines. It can perform anti-submarine warfare, electronic warfare, and intelligence, surveillance and reconnaissance missions, according to BAE Systems’ website.
“Today, [about] 40 countries have in their naval forces submarines, and several others are looking to expand their activities and/or their fleet,” Scott Jamieson, managing director at the maritime services division, told reporters during a panel at the DSEI exhibition in London on Sept. 12. As the average global temperature continues to rise, the melting of sea ice covering the Arctic Ocean has opened up opportunities for countries to assert their military and commercial control. In light of this, the company announced it would cooperate with Cellula Robotics to launch a Herne demonstrator in British waters in September 2024.
“Recent acts of sub-sea aggression highlight the strategic importance of the underwater domain, the need to protect the critical national infrastructure within it and the inherent challenges,” BAE’s site said. “The demonstrator project will test the ‘brains’ of the BAE Systems military XLAUV on one of Cellula Robotics’ underwater vehicles in trials set to take place next year at a facility on the south coast of England.” When asked by Defense News whether he is hopeful the U.K. would be an eventual launch customer for the system, Jamieson said the business would be “delighted.”
Regarding where the Herne could be built, BAE Systems officials said they are open to localizing part of the production and would be able to manufacture it in the U.K. if it’s requested.
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