Nigeria: Afreximbank’s Oromah signs $145m deal with Silverbird for ‘Lagos Beverly Hills’

By Jonas Nyabor
Posted on Wednesday, 9 November 2022 09:09

Benedict Okey Oramah, president of the African Export-Import Bank (Afreximbank) since June 2015 / Patrice Moullet for GJA

The African Export-Import Bank is backing Silverbird Group to develop a creative arts estate in Africa with a $145m investment into the group’s project – West Africa’s largest film school and studios within Eko Atlantic City, also known as the ‘Lagos Beverly Hills', while eyeing more projects in the creative industry.

For the first time since the inception of the Africa Investment Forum in 2018, a major deal has been closed in the creative arts sector.