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Afreximbank partners One Street Studios to drive $1 billion film fund

08 Jul 2026, 02:52 pm
Financial Nigeria
Afreximbank partners One Street Studios to drive $1 billion film fund

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The Pan-African Film Fund will support a diversified portfolio across content production, infrastructure development, and distribution networks.

A filming camera

The African Export-Import Bank (Afreximbank), through its development impact investment arm, the Fund for Export Development in Africa (FEDA), has named One Street Studios as Co-General Partner of the Pan-African Film Fund, an initiative aiming to mobilise up to $1 billion for Africa’s film and creative industries.

Launched in May 2025 under Afreximbank’s Creative Africa Nexus (CANEX) programme, the fund is designed to channel long-term capital into Africa’s film, television, and immersive media sectors. Its goal is to position the continent as a globally competitive hub for audiovisual production and storytelling.

The fund will support a diversified portfolio across content production, infrastructure development, and distribution networks.

Financing will include equity, quasi-equity, and structured solutions tailored to creative industry projects, with priority given to export-oriented productions with strong global distribution potential.

Beyond financing, the fund will invest across the full value chain, from content development and production to streaming platforms, exhibition, and post-production infrastructure. This integrated approach aims to build a globally competitive film ecosystem capable of sustaining long-term growth.

As Co-General Partners, FEDA and One Street Studios combine financial expertise with creative industry know-how. One Street Studios brings an integrated model that merges capital with creative vision, financing and producing content from inception to screen. The studio emphasises African-owned narratives and supports overlooked storytellers, bridging the diaspora with the continent.

George Elombi, President and Chairman of Afreximbank, described the partnership as “a crucial bridge uniting the diaspora with geographic Africa” and a way to empower the creative economy to “take full ownership of our narratives.”

Lavaille Lavette, CEO of the Pan-African Film Fund and Managing Partner at One Street Studios/JVL Media, added: “Africa’s creative industries are entering a defining moment. Through the Fund, we will mobilise long-term capital that supports creators, strengthens production capacity, and builds sustainable global distribution pathways.”

Emmanuel Assiak, CEO of FEDA, emphasised the cultural and economic significance: “African storytelling carries extraordinary cultural depth and universal relevance. Through the Fund, FEDA is enabling creators to produce world-class content while connecting them with global audiences and long-term investment capital.”

The announcement reinforces Afreximbank’s CANEX strategy, which seeks to transform Africa’s creative industries into a globally competitive sector capable of driving economic growth, job creation, and cultural influence.


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