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FEDA appoints One Street Studios to film fund
The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), has appointed One Street Studios as co-general partner of the Pan-African Film Fund.
The fund, launched in May 2025 as part of the Creative Africa Nexus (CANEX) programme, aims to mobilise up to US$1 billion to support Africa's film, television and immersive media industries.
Fund targets film industry investment
FEDA and One Street Studios will jointly manage the investment platform, which will provide equity, quasi-equity and structured financing for projects across the audiovisual sector.
The fund will invest in content production, distribution, digital streaming platforms, exhibition networks, production studios and post-production facilities. It will prioritise projects with international distribution potential while supporting the broader development of Africa's creative industries.
Partnership combines finance and industry expertise
According to FEDA, the partnership brings together investment expertise and creative industry experience to support long-term growth across the film sector.
George Elombi, President and Chairman of the Board of Directors of African Export-Import Bank: "The partnership between FEDA and One Street Studios is most timely and strategic as it serves as a crucial bridge uniting the diaspora with geographic Africa but also empowers our creative economy to take full ownership of our narratives, enabling us to produce what we consume and consume what we produce."
Lavaille Lavette, Chief Executive Officer of the Pan-African Film Fund and Managing Partner at One Street Studios / JVL Media: "Africa's creative industries are entering a defining moment. Through the Pan-African Film Fund, we will mobilise long-term capital that supports creators, strengthens production capacity, and builds sustainable global distribution pathways for African storytelling."
Fund forms part of CANEX strategy
Emmanuel Assiak, Chief Executive Officer of FEDA: "African storytelling carries extraordinary cultural depth and universal relevance. Through the Pan-African Film Fund, FEDA is enabling creators to produce world-class content while connecting them with global audiences and long-term investment capital."
According to Afreximbank, the appointment forms part of its wider CANEX strategy to strengthen Africa's creative industries by supporting investment, employment and the international distribution of African-produced content.
