Get the latest gossip
Logical Pictures Launches Africa Venture, Creates Investment Fund to Spur Fast-Growing Market (EXCLUSIVE)
The fast-growing financing, production and distribution outfit is expanding its global footprint with an aggressive move into the African market.
Central to the group’s Africa strategy is the creation of a new financing vehicle, the Logical African Stories fund, which will focus on investment in content, production and distribution companies, and physical facilities, as well as packaging and fundraising for third-party projects. The group has already laid the groundwork for its Africa expansion through a series of key moves in recent years, including the launch of Black Mic Mac, a production banner championing African and Middle Eastern talent that was founded by Boye and Logical, and a first-look deal with Kourtrajmé, a new film school in Senegal created by Ladj Ly (“Les Miserables”), Kim Chapiron and Romain Gavras (“Athena”). A slate of 18 films and TV series is already in different stages of development and production, including “Let the Earth Burn,” a crime drama set in Morocco’s Atlas Mountains from Sundance prize winner Sofia Alaoui and “The Bridge” creator Måns Mårlind.
Or read this on Variety