Shettima urges investors to fund African creative businesses
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Punch Newspaper
Reported by Sami Tunji
Fri, 6 Nov 2026, 08:03
Photo courtesy of Punch Newspaper · Verified via News Stand NG
Source Attribution: Punch Newspaper
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Vice President Kashim Shettima has urged investors and financial institutions to provide early funding for African creative businesses, describing the sector as a major source of future global companies, employment and economic growth. Addressing investors, the Vice President said, “The next great global creative companies will come from Africa.
Context & Background
✦Shettima made the call on Thursday at the opening of the Creative Africa Nexus Weekend 2026 in Lagos, where government officials, investors and creative industry professionals gathered to explore financing and commercial opportunities across the continent.
Key Figures & Named Entities
Thursday:Shettima made the call on Thursday at the opening of the Creative Africa Nexus Weekend 2026 in Lagos, where government officials, investors and creative industry professionals gathered to explore financing and commercial opportunities across the continent.$600:The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed that the Federal Government was unlocking over $600m in financing for digital and creative enterprises through the Investment in Digital and Creative Enterprises programme.2025:She said Nigeria had approved its first national intellectual property policy and strategy in November 2025 and subsequently unveiled a creative sector investment playbook at the World Economic Forum in January 2026.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦Vice President Kashim Shettima has urged investors and financial institutions to provide early funding for African creative businesses, describing the sector as a major source of future global companies, employment and economic growth.
✦Addressing investors, the Vice President said, “The next great global creative companies will come from Africa.
✦Shettima made the call on Thursday at the opening of the Creative Africa Nexus Weekend 2026 in Lagos, where government officials, investors and creative industry professionals gathered to explore financing and commercial opportunities across the continent.
Key Facts:Thursday: Shettima made the call on Thursday at the opening of the Creative Africa Nexus Weekend 2026 in Lagos, where government officials, investors and creative industry professionals gathered to explore financing and commercial opportunities across the continent.$600: The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, disclosed that the Federal Government was unlocking over $600m in financing for digital and creative enterprises through the Investment in Digital and Creative Enterprises programme.2025: She said Nigeria had approved its first national intellectual property policy and strategy in November 2025 and subsequently unveiled a creative sector investment playbook at the World Economic Forum in January 2026.2026: She added that registration for CANEX 2026 had been stopped at 17,000 participants, compared with 6,000 at the previous edition.
Editorial Excerpt
Vice President Kashim Shettima has urged investors and financial institutions to provide early funding for African creative businesses, describing the sector as a major source of future global companies, employment and economic growth.
Frequently Asked Questions About This Story
What is the latest development regarding Lagos State?
Vice President Kashim Shettima has urged investors and financial institutions to provide early funding for African creative businesses, describing the sector as a major source of future global companies, employment and economic growth.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Lagos State, Babajide Sanwo-Olu, Kashim Shettima.
What timeline or key figures were confirmed?
Shettima made the call on Thursday at the opening of the Creative Africa Nexus Weekend 2026 in Lagos, where government officials, investors and creative industry professionals gathered to explore financing and commercial opportunities across the continent.