Afreximbank, Mediwood Studios Sign $3m Deal To Boost Film Industry

The African Export-Import Bank (Afreximbank) has signed a Term Sheet with Mediwood Studios, securing a US$3 million facility to support the expansion of the Tunisian studio’s operations. The agreement, formalised on the sidelines of the recently concluded Creative Africa Nexus Weekend (CANEX WKND) 2024, aims to position Tunisia as a premier filmmaking destination within the…

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Adamawa Hit By Floods, Residents Call For Long-term Solutions

Severe flooding has hit Adamawa State in north-east Nigeria after heavy downpours, displacing residents and highlighting concerns over poor drainage infrastructure. Police confirmed that communities in Yola-North and Yola-South districts, including Limiwa, Rumde, Shinko and Jambutu, were inundated. Police spokesperson Suleiman Nguroje said marine units had been deployed for rescue missions, while Commissioner of Police…

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