Canex Creations Incorporated (CCI), a subsidiary of the African Export-Import Bank (Afreximbank), has signed an funding settlement with Adonis Production for the manufacturing of 77: The Festac Conspiracy, a movie based mostly on the 1977 Festival of Arts and Culture (FESTAC).
The settlement was signed through the 2026 Creative Africa Nexus (CANEX) Weekend in Lagos by the movie’s govt producer, Prince Tonye T. J. T. Princewill, who can be Chairman of the Board of Adonis Production, and representatives of CCI.
The movie is a sequel to 76, which is at the moment streaming on Netflix, and explores occasions surrounding the 1977 FESTAC, held in Lagos to rejoice African arts and tradition.
Speaking on the signing ceremony, CCI Chief Executive Officer, Osahon Akpata, stated the organisation was supporting the mission as a part of its involvement within the growth of Africa’s artistic business.
Princewill stated the funding mirrored confidence within the movie’s topic, noting that the FESTAC legacy remained an vital a part of Nigeria’s cultural historical past.
“Adonis Production focuses on true stories because Africa has so much truth to tell. Reality is stranger than fiction. This building, our Festac Village, were both inspired by that Festival of Arts and Culture, and I feel honoured that 50 years later, we will be celebrating it with our film,” he stated.
The signing ceremony, held on the Banquet Hall of the National Theatre, was witnessed by Afreximbank Executive Vice-President, Mrs Kanayo Awani, who can be Chair of the CCI board.
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