Big boost for Nollywood

Nigerian cinema is about to go global.

by Jennie Kermode

It's one of the biggest film production centres in the world, producing over 200 movies a month, yet Nigeria struggles to get its cinema seen outside Africa. Now an $8M investment from hedge fund Tiger Global, partnering with Nigerian company iROKU, could be about to change all that.

$8M might not sound like much given the budgets of films made in the West, but the average budget of a Nollywood hit is just $20K and the cost of distribution is much reduced by using the internet rather than burning and packaging DVDs. iROKU director Jason Njoku believes the time is now right for streaming and downloading to move Nollywood products into the UK market.

Nigerian films often deal with religious themes but the country also produces a significant quantity of action movies, cop dramas, family melodramas and horror films.

Share this with others on...

Movies out this week include:

The Aeronauts The Irishman Meeting Gorbachev

Keeping his word Michael Apted in conversation on 63 Up

Talking about juxtapositions Thom Powers on dreams, fashion, identity, nature and bright spotlights in DOC NYC

Dedicated to DA Pennebaker Thom Powers on Martin Scorsese, Michael Apted, the Masters and Winner’s Circle in the tenth edition

Free to become someone else Costume designers Ann Roth and Carlo Poggioli on The English Patient

Glasgow announces country focus and retrospective Iceland and dystopian futures take centre stage

Tallinn to honour Andrei Konchalovsky Russian director to receive lifetime achievement award

More news and features

We're bring you coverage of the London Korean Film Festival and DOC NYC and the French Film Festival.

We're looking forward to Tallinn Black Nights and Welsh horror festival Abertoir.

We've recently been at the Valencia Film Festival, New York's NewFest, the Cambridge Film Festival, the New York Film Festival, the London Film Festival, the Iris Prize Festival in Cardiff, Manchester's Grimmfest, the Scottish Queer International Film Festival and the San Sebastian Film Festival.

Read our full for more.

Visit our festivals section.


More competitions coming soon.