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...
On Tuesday, Burkina Faso's military government announced that the country's security and intelligence services had thwarted a coup attempt. Planned to destabilise the country and throw it into chaos.
It has been almost a year since the interim President, Capt Ibrahim Traoré, seized power.
That was the country's second coup of 2022 amid a growing Islamist insurgency.
In a statement on television on Wednesday evening, the authorities said some arrests had been made, and they were actively pursuing other suspects without giving specific details. The military prosecutor has since said that four officers have been detained. It said the alleged perpetrators "had the sinister intention of attacking the republic's institutions and plunging the country into chaos".
Hours earlier, Capt Traoré had issued a statement saying he was "determined to safely lead the transition [to democracy] despite adversity and the various manoeuvres to stop our inexorable march towards assumed sovereignty". He also thanked pro-junta supporters for "their vigilance".
The junta has said elections will take place by July next year.
On Tuesday, rumours of a brewing mutiny led hundreds of people to the streets of the capital, Ouagadougou, in support of the junta.
The authorities suspended the French-language news magazine Jeune Afrique on the same day, accusing it of publishing articles discrediting the armed forces.
The widespread jihadist insurgency spilt over from neighbouring Mali in 2015 has complicated plans to hand over power to civilians by next year.
About 6,000 people have been killed this year alone in jihadist attacks, according to data from the Armed Conflict Location and Event Data Project (Acled).
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