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.
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.
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.
Next Wave: The mental price of being a founder
The mental health of tech founders is often neglected, leading to stress and anxiety. Launching a business negatively impacts the health of 72% of founders.
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.
