Culture, in the capital room
| dc.contributor.author | Federal Ministry of Art, Culture, Tourism and the Creative Economy (FMACTCE), Nigeria @Fmactce_Nigeria | |
| dc.date.accessioned | 2026-10-15T15:10:24Z | |
| dc.date.available | 2026-10-15T15:10:24Z | |
| dc.date.issued | 2026-10-15 | |
| dc.description | This official press release highlights a key strategic public-private collaboration designed to transform Nigeria's national cultural heritage into an active, monetizable economic asset class. The landmark agreement was executed in New York City during Kuramo Capital’s Sub-Saharan Africa Day on September 25, 2026, where leading global investors, pension funds, and development finance institutions gathered to explore continent-wide investment opportunities. The execution of the framework involved key leadership figures, notably Hannatu Musa Musawa, the Honourable Minister of Art, Culture, Tourism and the Creative Economy, and Walé Adeosun, Founder and CEO of Kuramo Capital Management. Institutional stewardship of the National Art Collection is structured under CTICo, an entity created through a joint partnership between FMACTCE and the Ministry of Finance Incorporated (MOFI). To support the operationalization of this initiative, Kuramo Capital serves as the lead advisory partner while providing catalytic financing through the Investment in Digital and Creative Enterprises (iDICE) Facility, bridging government assets with private financial channels. The digital entry is archived alongside official strategic campaign tags, including #Destination2030, #NigeriaEverywhere, #CreativeEconomy, #KuramoSSADay, and #InvestInNigeria. | |
| dc.description.abstract | This institutional announcement reports on a major agreement signed during Kuramo Capital’s Sub-Saharan Africa Day in New York. The event brought together international investors, pension funds, and development finance institutions. The Honourable Minister of Art, Culture, Tourism and the Creative Economy, Hannatu Musa Musawa, along with Walé Adeosun (Founder and CEO of Kuramo Capital Management), signed a framework designed to value and monetize Nigeria’s National Art Collection. The national collection is held under CTICo—an entity established jointly by FMACTCE and the Ministry of Finance Incorporated (MOFI)—with Kuramo Capital providing catalytic financing via the iDICE Facility alongside lead advisory support. | |
| dc.identifier.uri | [https://x.com/Fmactce_Nigeria/status/2110355556439330859 | |
| dc.identifier.uri | https://nigeriareposit.nln.gov.ng/handle/20.500.14186/2989 | |
| dc.language.iso | en | |
| dc.publisher | X Corp. | |
| dc.title | Culture, in the capital room | |
| dc.type | Other |