In a major boost to Nigeria’s creative and cultural industries, Phase 1 of the Creative Economy Development Fund (CEDF) is now officially open for applications.
The fund, designed to catalyse growth and innovation across the country’s booming creative sector, offers a range of tailored financial support, including affordable loans (debt), equity investments, and grants.
These funding options are aimed at empowering creatives, producers, enablers, and other key players throughout the creative economy value chain.
CEDF is inclusive of all facets of the industry—from content creators and producers to service providers, marketers, and distributors. If a project contributes meaningfully to Nigeria’s creative or cultural ecosystem, it qualifies under this funding call.
Applications for Phase 1 are open from April 28 to May 30, 2025. Interested stakeholders are encouraged to visit CEDFnigeria.com to review eligibility guidelines and submit their proposals.
This initiative marks a significant step toward unlocking the full potential of Nigeria’s creative sector—one of the fastest-growing segments of the country’s economy.
