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Funding for the Visual Arts Sector takes center stage at Point of View 5

by Olamilekan Okeowo February 24, 2020
by Olamilekan Okeowo February 24, 2020

Practitioners in the Visual Art sector of the creative industry will converge at the Alliance Française /Mike Adenuga Centre, Lagos on February 26, 2020, for the fifth edition of ‘Point of View’ (POV 5) to discuss the issue of ‘Funding for the Visual Arts through Public and Private Sector Partnership’.

High on the agenda is the issue of the Creative Industry Financing Initiative (CIFI), a collaboration between the Central Bank of Nigeria (CBN) and the Bankers’ Committee that seeks to improve access to long-term, low-cost financing for entrepreneurs and investors in the creative and information technology sectors in Nigeria.

Presentations and discussions will revolve around the seeming exclusion of the visual arts from such policies and their overall expected impact in stimulating economic growth, capacity building, skill acquisition, and job creation. In funding and strengthening policies that will transform Africa, the event will also serve to examine and compare models and partnerships in the United Kingdom and elsewhere.

There will be presentations on Visual Arts in the Promise of Creative Industry Growth: The CIFI and Other Financial Policies by Uche C. Nwuka, Group Head, Creative Industry, Bank of Industry, Funding for the Visual Arts: Public and Private Sector Partnership by Odunayo Sanya, Executive Secretary, MTN Foundation, MTN Nigeria and The Business of Art and Socioeconomic Transformation in Africa – The Hatch Ideas Case Study by Yemisi Mokuolu, CEO, Hatch Ideas Worldwide.

This will be followed by a Panel Discussion titled Transforming Africa through Culture: Funding and Strengthening Policies. Members of the panel include Yvonne Ike, Managing Director, Head Sub-Saharan Africa (Ex-RSA), Bank of America Merill Lynch; Femi Akinsanya, Chairman, First Ally Capital; Jubril Enakele, MD/CEO Iron Capital and Chijioke Uwaegbute, Partner/Leader, In-sourced Solutions for Tax, West and Central Africa PwC while the panel will be moderated by Jumoke Sanwo, Creative Director, Revolving Art Incubator.

The event which is the brainchild of The Ben Enwonwu Foundation is in collaboration with the Society of Nigerian Artists, SNA.

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