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Tag: Del-York Group

  • When Del-York partners Tribeca Festival

    When Del-York partners Tribeca Festival

    Del-York Group has announced its partnership with the Tribeca Festival to unveil the African Film Spotlight.

    The move will berth a premier platform that champions Africa’s cinematic storytelling, cultural ingenuity, and creative potential on the global stage.

    The initiative, according to Del-York group, is supported by Afreximbank, through its creative arm CANEX Creations Inc., and co-sponsored by Bank of Industry (Nigeria) and UN Women.

    The first edition was staged during the 2025 Tribeca Festival in New York City and the African Film Spotlight was themed “Cross-Continental Collaboration: The Power of Partnership.”

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    The event convened Africa’s most dynamic filmmakers, producers, financiers, and cultural policymakers for robust engagements designed to accelerate investment, stimulate co-productions, and position African cinema as a commercially viable and globally relevant force.

    Leading the initiative on behalf of Del-York was Stephanie Linus, celebrated actress, director, and cultural ambassador, who emphasized the platform’s mission to unlock bold new narratives and deepen international creative ties.

    “The African Film Spotlight is a catalyst to reshape Africa’s global creative footprint and fuel enduring, cross-border partnerships,” Linus said.

    Adding to the impact of this year’s Tribeca activation was the presence of CANEX Creations Inc., the newly established Afreximbank subsidiary dedicated to investing in Africa’s creative and cultural industries. At the heart of the festival, CANEX hosted a high- level Deal Room, where dozens of African filmmakers pitched their projects for funding.

    This landmark engagement reflects Afreximbank’s firm commitment to pipeline financing for African films and content-driven IPs with global potential.

  • TSC Global, Del-York Group seal $4.5b deal to build Lagos Film City

    TSC Global, Del-York Group seal $4.5b deal to build Lagos Film City

    In a landmark moment for Africa’s creative and tech industries, Singapore’s TSC Global and Nigeria’s Del-York Group have signed a $4.5 billion joint venture agreement, marking the largest investment in Africa’s creative sector to date.

    The signing ceremony, held in Singapore and attended virtually by the Governor of Lagos State, His Excellency Babajide Sanwo-Olu, heralds the development of Lagos Film City (Kebulania), a project poised to position Lagos as a global hub for film, media, and technology.

    “Lagos Film City (Kebulania) represents Lagos State’s vision for creative excellence and technological innovation,” remarked Sanwo-Olu. “This investment will transform our creative landscape while creating groundbreaking opportunities for our talented youth.

    “This development demonstrates our commitment to positioning Lagos as Africa’s premier creative capital.”

    He credited President Bola Tinubu’s leadership and the state’s Creative Industry Policy for facilitating this transformative partnership.

    Under the new partnership, TSC Global will bring its expertise in sustainable, high-performance technical infrastructure, an area in which the company is known globally. Linus Idahosa, CEO of Del-York Group, serves as the lead developer of the project and is dedicated to building ecosystems that fuel Africa’s creative industry.

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    A Memorandum of Understanding was signed with the Lagos State Government in 2022, and a groundbreaking ceremony was held at the Epe site last year. Architectural work will commence in early 2025, followed by construction in the second quarter.

    “Today marks Africa’s emphatic entry into global creative and technological leadership,” said Idahosa at the signing ceremony. “Kebulania stands as a testament to what is possible when visionary leadership at both national and state levels creates an enabling environment for transformative investments. With the unwavering support of the Lagos State Government, alongside our partners, we are building more than infrastructure – we are creating a legacy that will empower generations of African creators and innovators.”

    Michael Dickerson, CEO of TSC Global, highlighted the strategic significance: ‘Our $4.5 billion Joint Venture bridges Africa and the world, creating unparalleled opportunities for creative and technological collaboration between continents. Together with the Del-York Group, we are creating a new model for creative industry development that will resonate globally.”

    The Kebulania project is expected to generate over 10,000 direct jobs and 25,000 indirect employment opportunities, contributing more than $3.5 billion annually to Nigeria’s creative economy. It will also offer 50,000 training positions and boost foreign exchange earnings through international film and media productions.

  • Del-York Group celebrates groundbreaking of Lagos Film City

    Del-York Group celebrates groundbreaking of Lagos Film City

    Founder  and Chief Executive Officer (CEO) of Del-York Group, Mr Linus Idahosa and his team have celebrated the groundbreaking of the Lagos Film City on Wednesday. 

    According to Idahosa, the ambitious project which evolved from a promising concept to an imminent reality is set to redefine the contours of the African film and entertainment landscape. 

    With Nigeria producing over 2,500 films annually and the entertainment sector poised to contribute 5% to the national GDP by 2025, the establishment of the Lagos Film City emerges as a landmark development. 

    The Lagos Film City is not merely an infrastructure project; it’s a dream woven with the threads of education, opportunity, and economic prosperity. 

    Read Also: Lagos Film City’ll create jobs, attract investments

    He said: “This monumental endeavor, a public-private partnership (PPP) with the Lagos State Government under the adept leadership of Governor Babajide Sanwo-Olu, will serve as a catalyst for empowering Nigerian youth, providing them with unparalleled educational and professional opportunities in the entertainment realm. By fostering talent and nurturing skills, the project aims to elevate the nation’s creative pulse, ensuring that our stories continue to resonate globally.” 

    Idahosa explained that beyond the cultural significance, the Lagos Film City promises to be a significant economic driver for Lagos, Nigeria, and Africa. 

    “By creating an ecosystem that integrates production, distribution, and exhibition, we are paving the way for exponential growth in the sector, ushering in a new era of prosperity and prominence for Nigerian cinema. The vision for Lagos Film City is not just local; it is global. The essence of global collaboration and cooperation cannot be understated. 

    ” For the last three years, we have been building relationships with global investors and stakeholders, viewing the Lagos Film City not just as a project, but as a pivot for foreign direct investment. With Nigeria rapidly emerging as one of the fastest-growing global entertainment markets, the time for international investment, collaboration, and expansion to our increasingly vibrant market is now,” Idahosa said.