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...
The emir of oil-rich Kuwait, Sheikh Nawaf al-Ahmad Al-Sabah, passed away at 86 on Saturday, as announced by the royal court. He was in power for three years, facing several political disputes. ""We are deeply saddened to announce the passing of Sheikh Nawaf al-Ahmad Al-Sabah, Emir of the State of Kuwait," stated a message broadcast on state television. The channel interrupted its regular programming to air a Koranic recital before making the announcement. In November, Sheikh Nawaf was hospitalized due to an emergency health issue and was later declared to be in stable condition, according to the official KUNA news agency. Due to his age, worries over his health were frequent during his reign. Sheikh Nawaf was appointed crown prince in 2006 by his half-brother Sheikh Sabah al-Ahmad Al-Sabah. He became emir after Sheikh Sabah's death in September 2020 at the age of 91. In 2020, Sheikh Nawaf faced the challenge of steering the economy through an oil price-triggered cr...