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Nigeria's Nollywood film industry reels in foreign investors

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'Nowhere in the world will you see this kind of opportunities and growth.'

The figures remain miniscule compared to the vast sums grossed by Hollywood hits, and the Oscars are a distant dream, but increasingly upper and middle class Nigerians who can afford the tickets seem willing to pay to go see local productions. 'Real appetite'

"It is very important for us to be close to Nollywood," Simon Minkowski, development director at Canal Olympia, told AFP. The chain has already upped its interest in films from the country and offers Nollywood TV to its subscribers in Francophone Africa.

 

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