During the 2026 Canex Weekend in Lagos, Prince Tonye T. J. T Princewill, executive producer of the sequel 77: The Festac Conspiracy, signed a landmark agreement with Canex Creations Incorporated (CCI), a commercial subsidiary of Afrexim Bank that manages a $2 billion fund.
CCI, which focuses on supporting African film projects, will provide financial backing for the movie, which follows the highly praised 76 and is currently available on Netflix. CEO Osahon Akpata described the partnership as “a film Africa can be proud of” and pledged full support to the production, urging other filmmakers to follow Adonis Production’s example.
“A film Africa can be proud of,” said CCI CEO Osahon Akpata during the signing.
Prince Tonye thanked CCI for its faith in the project and promised to give the bank “reason to do more investments like this.” He added that Adonis Production focuses on true stories, noting that “Africa has so much truth to tell. Reality is stranger than fiction.” He also reflected on the inspiration drawn from the Festival of Arts and Culture, saying, “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 get to be celebrating it with our film.”
The ceremony took place in the Banquet Hall of the National Theatre, with the Executive Vice President of Afrexim Bank, Mrs. Kanayo Awani, who also chairs the CCI board, joining the signatories on stage.
Production of 77: The Festac Conspiracy will continue in Lagos, with the film slated for a cinema release in early 2027.
<small>Source: Daily Post Nigeria — read the original story there.</small>
