The French Development Agency and the Bank of Industry have signed a $30 million agreement to support Nigeria’s creative sector. The deal aims to improve access to credit for businesses in the creative industry. The partnership will provide financial tools to help creative entrepreneurs grow their businesses. The agreement was signed in Abuja. The initiative is expected to create new opportunities for local artists and creators. The funding will be used to finance projects in the creative field. The move highlights growing interest in supporting Nigeria’s creative economy. The collaboration between AFD and BoI marks a key step in developing financial support for the sector. The agreement is part of broader efforts to boost economic growth through innovation. The creative industry in Nigeria has seen increasing investment in recent years. This deal is seen as a major milestone for the sector. The funding will help address financial barriers faced by creative professionals. The initiative is expected to have a lasting impact on the Nigerian economy.