EbonyLife and Logical African Partners launch $50 million film fund

EbonyLife Group and Logical African Partners signed the agreement for the Afro Film Fund in Paris on 10 November 2026, Variety said. The $50 million fund aims to support the development and production of African films; its first disbursements are planned for late in the first quarter or early in the second quarter of 2027.

The fund aims to finance approximately 35 films over eight years and estimates it will support four to nine projects annually. Its strategy targets audiences in Africa and the African diaspora, with selected productions intended for wider international distribution.

The partners behind the fund

EbonyLife founder and CEO Mo Abudu said the fund would address a critical need for structured financing for African filmmakers. The group’s activities include film and television production, cinema exhibition, talent development, training and digital distribution. Logical African Partners is the African investment vehicle of France’s Logical Pictures, which launched it in 2024 as part of its expansion into the African market. Its vice president, Pape Boye, a production and sales veteran, had partnered with Logical Pictures in 2023 to launch Black Mic Mac, a production company supporting African and Middle Eastern talent.

French Culture Minister Catherine Pégard attended the signing. The fund’s backers intend to support films they consider commercially viable, culturally relevant and competitive internationally.

A separate mentorship agreement

Abudu also signed a separate agreement with France’s CNC to support Audiovisual Next Gen, an 18-month program offering mentorship to 15 creative-industry professionals under 35. Abudu will serve as its global ambassador. The program is organized by the CNC, with EbonyLife among its backers. The first group, made up entirely of women, is expected to be announced at the end of January 2027.