Osahon Akpata, CEO of Cairo-based CANEX Creations Inc., says the company is pursuing a new approach to film finance in Africa: treating locally developed intellectual property as an investable asset class.
Akpata described the opportunity as creating film IP that can attract investment, while CANEX Creations continues supporting projects including Clarissa, a feature selected for Cannes and the Toronto International Film Festival.
The report does not specify completed financing totals, investor commitments, profitability or a new transaction. It instead outlines Akpata’s investment thesis and the company’s recent activity around supported film projects.
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