Investment - In Brief

Investment

- OIF (Organisation Internationale de la Francophonie) and the EU/ACP organisations invested over FESPACO 2013. Conferences from both entities took place on site and rewards were handed out by PIF members. OIF was represented by Mme Sandra Coulibaly (sous-directrice de la Diversité et du développement culturels), Mme Souad Houssein (responsable du cinema) Pierre Barrot (Responsable de projets de coopération, chargé de l’audiovisuel et de la promotion de l’image) and M. Toussaint Tiendrebeogo (responsable des politiques et industries culturelles). Full details here

- If Nigeria is home to the most private jets on the continent, then Kenya is land of the high-end television set. Late last year, Sony and Sharp released Ultra Definition television sets valued at 1 million Kenyan Shillings. Not to be outdone, home appliances maker LG has recently released the first ever 84-inch Ultra Definition television into the Kenyan market. It’s price tag? Sh1,799,999 (roughly $21,000 USD). End of Jan 2013.

- Fespaco 2013: ‘Organisation internationale de la Francophonie’ renewed its commitment to African cinema.

- CNBC Africa: Newly launched series, 'It's Africa's Time' reviews the broad-scale impacts of economic growth and poverty reduction interventions in Ghana, Zambia and Nigeria (20 Feb. 2013).