AFRICA’S film industry is thriving and could create many millions of extra jobs if its potential was fully exploited, the United Nations said Tuesday.
In a report, the UN cultural organisation UNESCO said that an estimated five million people currently work in Africa’s film industry, which contributes $5 billion to the continent’s GDP.
Nigeria’s film industry is the continent’s biggest, churning out 2 500 movies per year.
Despite the numbers, UNESCO said the industry has much potential that remains largely untapped.
Affordable digital film equipment and new online distribution platforms have given new opportunities to content creators, but the report said that Africa has fewer screens per capita than any other continent.
Piracy is another big issue, with the report estimating “that piracy waylays 50 percent to over 75 percent of the film and audiovisual industries’ revenue”.
Only 19 African countries out of 54 offer any financial support to filmmakers,
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