4 Times an African Founder Pivoted and Won: From Near-Failure to Breakthrough
Jason Njoku pivoted iROKO from a lack of distribution to a global Nollywood streaming service, emphasizing the importance of access and rights. Shola Akinlade transformed Paystack from a payments API to a multi-rail infrastructure, adapting to the needs of Nigerian businesses for reliability and div
Utica Capital Launches N20 Billion Venture Fund to Transform Nollywood Financing
Utica Capital unveiled a N20 billion venture capital fund to support Nigeria's Nollywood industry. The fund is the first SEC-approved specialized Venture Capital Fund for the film industry in Africa.
A southeast Nigerian startup wants to become the “Netflix of documentaries”
OptimalVid is set to launch a documentary streaming platform with a subscription fee of $2 per month. Users can pause their subscription for up to 10 days in a 30-day billing cycle, a unique feature in the streaming market.
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.
