Award-winning filmmaker Femi D. Ogunsanwo has said that investments in Nollywood will ensure the Nigerian film industry thrives. He said this recently during the announcement of a $3 million fund set up by Labari Africa Productions to finance Nollywood films.
Ogunsanwo, a Partner at Labari Africa Productions, said investments in the Nollywood industry would also allow the industry to produce higher-quality films and shows, create job opportunities, and reach a wider audience. “I am confident this investment will pay off in the long run and help the Nollywood industry grow and thrive. Ultimately we will be able to increase the economic output of our film industry while creating jobs and opportunities,” He added.
“We are excited to launch this new film fund and support a new wave of Nollywood filmmakers who tell the important stories that help position Africa favourably. This $3 million fund will help provide the resources and support filmmakers need to bring their stories to life and showcase the incredible talent and creativity of the Nigerian film industry to the world.” Says Tunde Leye, Labari Africa Productions Limited Managing Partner.
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