After success with Gangs of Lagos and Brotherhood, Capital Films launches β¦500 million fund
TechCabal | Muktar Oladunmade - Oct 24, 2023
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- Capital Film Productions has launched a β¦500 million fund to invest in Nollywood movies.
- The company has raised $800,000 across two funds in the past three years and has seen a 37% cumulative return on investment.
- Nollywood films are gaining global recognition, with movies backed by Netflix and Amazon Prime.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The launch of Capital Film Productions' new fund to invest in Nollywood movies is a positive development for the industry. With the increasing global recognition of Nollywood films and the success of previous investments, this fund has the potential to uplift the production of films and contribute to the growth of the industry.
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