New $40 Million Fund Launched to Support African Filmmakers
- Next Narrative Africa partners with HEVA Fund to establish a $40 million fund for African filmmakers.
- The fund will invest in films with budgets ranging from $1 million to $5 million.
- Targeting a first close in Q1 2025 and final close by Q4 2025.
The establishment of the Next Narrative Africa Fund is a significant step towards enhancing the African film industry's global presence and addressing critical social issues through storytelling. This initiative not only provides financial backing but also fosters a narrative change that could reshape perceptions of Africa on the world stage.
