Afreximbank Launches $1 Billion Pan-African Film Fund, Names Lavaille Lavette as CEO
By
Zac Ntim
2h ago· 2 min readenNews
Summary
Afreximbank (African Export-Import Bank) has officially launched a $1 billion Pan-African Film Fund through its development impact investment arm, FEDA. The fund will invest across content production, infrastructure, and distribution using equity, quasi-equity, and structured financing. Publishing veteran Lavaille Lavette has been appointed as CEO of the new venture.
Source
DeadlineAfreximbank Launches $1 Billion Pan-African Film Fund, Names Lavaille Lavette as CEOdeadline.comKey quotes
· 2 pulledAfreximbank has established the fund through its development impact investment arm, the Fund for Export Development in Africa (FEDA).
The Pan-African Film Fund will invest 'across a diversified portfolio spanning content production, infrastructure and distribution' using a mix of 'equity, quasi-equity and structured financing.'
Lavaille Lavette will serve as the Chief Executive Officer of the new venture.
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