Woodhall Finance House has announced a N1.5bn Creative Sector Fund aimed at supporting export-ready creative enterprises and SMEs across fashion, film, music, beauty, and digital arts.
In a statement on Friday from the British High Commission Communications Office, it was revealed that the fund was launched at the unveiling of The Creative Currency Podcast, held at the Lagos residence of the British Deputy High Commissioner, Mr. Jonny Baxter.
Elaborating on the sector fund, Woodhall Capital Founder and President, Mojisola Hunponu-Wusu, said, “Creativity is no longer an abstract asset; it is a bankable commodity and must be treated as such by policymakers, investors, and financiers. Nobody can tell the Nigerian story like we Nigerians, and nobody is coming to save us. If we want to see real change, we must build our own table, design our own systems, and finance our own narratives.
“Our N1.5bn Creative Sector Fund is our commitment to doing just that: backing bold ideas, scaling creative businesses, and turning cultural capital into economic power.”
On the podcast, which is an initiative designed to serve as both a media platform and an economic catalyst for Nigeria’s creative economy, Baxter emphasised the UK’s commitment to creative collaboration, saying, “The UK is proud to support Nigeria’s creative economy through long-term partnerships that combine innovation, investment, and cultural exchange.
“Through the Creative Industries Technical Working Group – a direct outcome of the UK-Nigeria Enhanced Trade and Investment Partnership – and platforms such as The Creative Currency Podcast, we are deepening our commitment to creative collaboration. This is about creating real opportunities, building lasting partnerships, and empowering the next generation of African talent to thrive on the global stage.”
Building on the momentum, Governor Babajide Sanwo-Olu, represented by the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose, delivered a keynote address that underscored Lagos’s position as Africa’s creative capital.
The Creative Currency Podcast was birthed by Woodhall Finance House, in partnership with the UK Government’s Department for Business and Trade, Polaris Bank, and the Lagos State Government.
The launch brought together senior policymakers, investors, development finance institutions, high-net-worth individuals, and leading creatives from across Africa.
“Positioned at the nexus of finance, culture, and diplomacy, The Creative Currency Podcast aims to drive investment, strengthen cross-border partnerships, and reinforce the UK-Nigeria creative network as a catalyst for economic transformation,” the statement added.
