New fund backs African Filmmakers with $40 million
- Launch of the $40 million Next Narrative Africa Fund.
- Investment in films with budgets between $1 and $5 million.
- Targeting first close in Q1 2025 and final close by Q4 2025.
The establishment of the Next Narrative Africa Fund represents a significant step forward for the African film industry, providing much-needed financial support to filmmakers. This initiative not only aims to enhance the quality of African cinema but also to promote narratives that resonate on a global scale. It would be interesting to see how this fund influences the diversity of stories told and the representation of African cultures in the global media landscape.
