New fund backs African Filmmakers with $40 million
Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenyan-based investment firm, have launched a fund for African filmmakers. The $40 million Next Narrative Africa Fund will invest in movies with budgets between $1 and 5 million per project, taking equity in some movies it funds. In other cases, it will simply provide grants. It will raise […]