Afreximbank 2024 CANEX holds in Algiers October

The African Export-Import Bank (Afreximbank) has announced that the Creative Africa Nexus (CANEX 2024), an event showcasing Africa’s vibrant creative and cultural industries will be held in Algiers, Algeria, from October 16 to 19, 2024.

Building on the success of previous editions, the four-day event offers a unique platform for creatives from the continent and beyond, to showcase their work, network with industry leaders, and explore business opportunities, including exhibitions, roundtable discussions, masterclasses, live performances, gastronomy showcases, music, dance, poetry, and other artistic expressions.

Launched in 2020, Afreximbank has committed a $1 billion facility for Creative and Cultural Industries (CCIs), and has deployed specialised products for financing some CCI sectors, including film financing development facility and the music development facility.

The bank has also identified key gaps in creative production value chains and created interventions to bridge these gaps, with a focus on access to markets.
According to the organisers, this year’s event promises to be an exciting gathering of creatives, investors, and industry professionals from across the continent and the world over.

“CANEX 2024 will feature an exhibition and market, roundtable discussions, masterclasses, live performances, and networking opportunities. The event is open to industry professionals, individuals, corporate investors, and governance bodies. It provides a unique platform for creatives to showcase their work, connect with industry leaders, and explore business and investment opportunities,” the bank said in a statement.

According to the bank, the CANEX 2024 is aimed at supporting the development of Africa’s creative and cultural industries. The statement noted that the programme’s objectives include increasing Africa’s share of global cultural trade flows, deploying specialized financial products, facilitating technical capacity programs, and advocating for harmonised regulatory reform.