New startups want to become the ‘African Netflix’


  • TECH
  • Thursday, 20 Aug 2015

Content is king: African VOD players are scrambling to get it right before the big players like Netflix and France's Canalplay muscle them out of the market.

PARIS: A crop of new tech entrepreneurs from Africa and its diaspora are hoping to bridge the continent’s growing middle class and booming film industry in a quest to become the “African Netflix”. 

On its own, the Nigerian cinema industry – known as Nollywood – generated €3.7bil (RM16.72bil) in revenue and produced 2,000 films last year, whetting the appetites of Internet video-on-demand (VOD) companies. 

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