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.
“Short-form video is the language of the internet”: Inside the platform shifts driving Africa’s creator boom
In Kenya, content creation is now the second most desired career path. TikTok has democratized opinion by lowering the bar for acceptable content and shifting focus from follower-based to interest-based social media.
Nigeria’s creator economy is valued at $31.2M, a new public-private report reveals
Nigerian artists received over ₦58 billion from Spotify in 2024, a 146% increase from 2023. Nigerian content on YouTube garnered over 20 billion annual views in 2024, contributing over $10 million in AdSense revenue.
Netflix raises subscription costs in Nigeria third time since 2024
Netflix raised its premium subscription price in Nigeria to ₦8,500, a 21% increase. The price hike is effective from July 4, 2025.
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.
