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.
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.
Canal+ Expands African Media Footprint with MC Vision Acquisition
Canal+ acquires majority stake in MC Vision, increasing ownership from 37% to 75%. Canal+ has been actively pursuing opportunities in Africa, acquiring ROK Studios in Nigeria and expanding in Rwanda.
