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$100 Million (R1.9 billion) Investment Boon for Mobile Games, Films in South Africa
Investment company Talent10 Holdings, in collaboration with the Industrial Development Corporation (IDC), has committed over $100 million (almost R1.9 billion) to develop a new entertainment and gaming franchise in South Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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SunCulture Raises $27 Million in Series B Round From Investors Including Netflix Co-Founder
SunCulture supplies small solar-powered water pumps, the cost of which is subsidised by the sale of carbon credits, to small-scale farmers, allowing them to replace diesel-powered pumps in some cases and boost yields in fields that weren’t previously irrigated.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Report Highlights Growth Potential Of African Gaming Market
The report represents the combined efforts of two organizations, Geopoll and PAGG, working together to collect and quantify insights from players across the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s National Economic Council Approves $617 Million Investment in Digital, Creative Enterprises
Omar said about 100,000 jobs will be created per state and 5,581,231 indirect jobs will be created through i-DICE interventions nationwide.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Universal Music Group Acquires Majority Stake in Mavin Global to Boost Nigerian Music Globally
This acquisition will boost the growth of Nigerian music companies by providing more opportunities to showcase talent globally.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Maliyo Games Becomes 1st African Developer to Collaborate With Disney
Nigeria’s Maliyo Games has partnered with Disney Games to release a mobile game inspired by the new animated series Iwájú.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Prime Video’s African About-Face, Netflix’s IP Frenzy and Why African Producers Are Pondering ‘What Comes Next’ as Streamers Shift Course
The anticipated goldrush for African creators sparked by Netflix’s 2016 entry into the market hasn’t entirely come to fruition.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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African Entertainment Firm MultiChoice Renews Distribution Deal with Disney+
The partnership kick-started a new phase of international expansion for the American streaming platform, as it planned to launch in 42 countries across 11 territories.
- Categories
- Technology
- Region
- Sub-Saharan Africa