Amazon Prime to layoff staff and stop producing African content
Amazon Prime is laying off staff and scaling back its local content production in Africa and the Middle East. The streaming platform is restructuring its business model to focus on its European market.
After success with Gangs of Lagos and Brotherhood, Capital Films launches ₦500 million fund
Capital Film Productions has launched a ₦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.
