Mo Abudu’s EbonyLife Group has teamed up with Logical African Partners to launch a massive $50 million Afro Film Fund, aimed at financing African films and creating more opportunities for filmmakers across the continent.
The initiative plans to support approximately 35 African films over eight years, with an estimated four to nine projects receiving backing annually. The fund will support film development and production, prioritising commercially viable stories with strong cultural relevance and international appeal.
According to an exclusive report by Variety, the agreement was signed in Paris on November 10, 2026, in the presence of France’s Culture Minister, Catherine Pégard. The fund expects to begin its first disbursements in late Q1 or early Q2 2027.
Abudu described the initiative as an important step towards addressing the financing challenges facing African filmmakers. Logical African Partners Vice President Pape Boye also highlighted its potential to create a sustainable investment platform for African storytelling.
Beyond the film fund, Abudu signed a separate partnership with France’s National Centre for Cinema and the Moving Image (CNC) to support Audiovisual Next Gen, an 18-month mentorship programme for 15 creative professionals under 35. Abudu will serve as its Global Ambassador.
With these partnerships, EbonyLife is pushing for a stronger African film industry, better financing opportunities and stories capable of reaching audiences worldwide.
