EbonyLife Group, Logical African Partners Launch $50 Million Fund to Support African Cinema (EXCLUSIVE)

Mo Abudu’s EbonyLife Group and Logical African Partners — the African investment vehicle of France’s Logical Pictures — have launched a $50 million film fund dedicated to financing African cinema and supporting the continent’s filmmakers.

The Afro Film Fund aims to finance approximately 35 African films across the next eight years, supporting an estimated four to nine projects annually. It will provide financing opportunities for African filmmakers, enabling the development and production of what its backers describe as “commercially viable, culturally relevant and internationally competitive films.”

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Its investment strategy is designed to serve audiences across Africa and the global African diaspora, with selected productions positioned for wider international distribution. The fund will make its first disbursements in late Q1 or early Q2 2027.

Commenting on the launch, Abudu said the fund “will address the critical need for structured financing for African filmmakers and take African cinema to even greater heights,” while Logical African Partners VP Pape Boye heralded it as a “new chapter” for the industry.

The deal between the two powerhouse groups was signed Tuesday in Paris, with French culture minister Catherine Pégard in attendance (pictured).