Investment

South Africa: Government issues RFP for digital TV

The request for proposals gives interested bidders just one month to respond. It also makes no specific mention of a return path for Internet access.

Prospective manufacturers of the set-top boxes that government will subsidise for as many as 5m poorer SA households to receive digital terrestrial television signals have just a month to submit their proposals to the department of communications. 

Source: www.techcentral.co.za

Nigeria: More Film Makers to Benefit as Nexim Bank Disburses U.S.$200 Million Fund

In line with the Federal Government's directive, the Nigerian Export and Import Bank (NEXIM) has announced plans to give more film makers the opportunity to benefit from the USD200 million fund meant to boost the entertainment industry in the country. The Managing Director of the bank, Roberts Orya disclosed this development to newsmen in Lagos, last weekend. 

Source: Vanguard Benjamin Njoku

Investment News - In Brief

- Akouma TV, a new pan-african web TV channel focused on African culture was born. A Vox Africa TV interview in French with Andrea Bomo, Akouma TV’s co-founder has been posted on Youtube here  Facebook:

African Metropolis’ short films supported by Goethe-Institut South Africa and the Hubert Bals Fund of the International Film Festival of Rotterdam

African Metropolis will comprise seven short films from seven filmmakers from seven different cities in Africa. The initiative is presented by executive producer Steven Markovitz and the Goethe-Institut South Africa, with further support from the Hubert Bals Fund of the International Film Festival of Rotterdam.

Each of the directors will each explore their own African Metropolis, the legendary cities of Abidjan, Cairo, Dakar, Johannesburg, Kinshasa, Lagos, and Nairobi.

Source: screenafrica 23 July 2012

Nigeria: Filmmakers to Access UTH Ibadan hospital facilities as a location

The University Teaching Hospital (UTH) Ibadan has agreed to grant Nigerian filmmakers access to professional medical facilities and hospital scenarios that could be recorded in motion pictures.

In a statement by Dr. Tope Alonge, Chief Medical Director of the hospital, at the commissioning of the National Film and Video Censors Board (NFVCB) Ibadan Preview Centre, said that the issue of accessing information, the manpower and professional medical scenarios, which hitherto was strained, could now be addressed by the hospital.

Source: Daily Trust - BY Adie Vanessa Offiong

Cinema investments in Burkina Faso and Mali

At a meeting held in Cotonou, film directors from Burkina Faso (photo) and Mali shared their views on the local film and cinema industry.
 
What is the state of cinema of Burkina Faso?

Source: images francophones

Investment News - In Brief

- A joint venture between local and Indian investors, Bharat Telecom Ltd has set itself the ambitious target of investing US$50 million to connect every home and office in Mauritius through a 2,900 kms fibre network. It will offer high speed broadband (100 mbps) and IPTV through a GPON network.

Highest quality of satellite transmissions for the London 2012 Olympic Games, including broadcast to Africa

Final preparations underway for implementation of Carrier ID to assure quality of satellite TV services

Significant strides forward have been made since the announcement at IBC in September 2011 of the introduction of Carrier ID in advance of the London 2012 Olympic Games  in order to assure quality DVB satellite transmissions of the world's most-watched sporting event, expected to generate over 2,000 hours of satellite coverage.

Source: Eutelsat

African Web video service Iroko raises more funds, targets cable TV

Iroko Partners, an online distributor of African movies and music, has raised another $2 million in its latest round of funding from a Swedish venture capital group as it seeks to take the service to cable and satellite TV partners in the U.S. and Europe.

The Lagos, Nigeria-based company raised the funds from Sweden’s Kinnevik, an early investor in Groupon Inc. Iroko previously raised $8 million from U.S.-based hedge fund Tiger Global in April as investors in emerging markets seek to tap into one of the fastest growing movie businesses in the world.

Source: ReutersSource: Yinka Adegoke

South Africa: Nafcoc invests in Mobile TV

Organised black business group, the National African Federated Chamber of Commerce and Industry (Nafcoc), has bought a 20% stake in Mobile TV, the television broadcasting start-up founded by Mothobi Mutloatse.

Source: NewsCentral Media
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