Afreximbank has unveiled a groundbreaking initiative: the US$1 billion Africa Film Fund, aimed at transforming the continent’s creative industry. This fund, launched through its development impact investment arm, the Fund for Export-Development in Africa (FEDA), is designed to revolutionize Global Africa’s film and creative in

The Africa Film Fund seeks to address longstanding challenges in the African film industry, including limited access to production facilities, a shortage of advanced post-production resources, and a lack of sufficient exhibition infrastructure. By providing vital financing, the fund aims to scale production, elevate African stories on global platforms, and strengthen the continent’s creative infrastructure .

Hollywood actress Viola Davis has expressed her support for initiatives that amplify African narratives. She has been quoted saying, “The only thing that separates women of color from anyone else is opportunity. You cannot win an Emmy for roles that are simply not there” . Davis’s advocacy underscores the importance of creating platforms that provide opportunities for underrepresented voices in the film industry

emphasized the economic potential of Africa’s creative industry. He stated, “So taking control of our narrative means we need to be in control of telling our own stories. We need to be in control of developing, producing, and distributing our content to the world. And not letting somebody else tell our stories” . Kodjoe’s remarks highlight the significance of ownership and representation in storytelling.

The launch of the Africa Film Fund marks a significant milestone in empowering African creatives and reshaping the global perception of African cinema. By investing in the continent’s storytelling capabilities, Afreximbank is fostering a more inclusive and dynamic global film industry.