Browsing: Which countries in Africa have Netflix?

Netflix has spent a cumulative $175 million (Sh23.5 billion) in film production in Africa since it gained entry in 2016, creating at least 12,000 jobs in the process. www.theexchange.africa

Netflix spent $175M on Nigeria, Kenya and South Africa’s film industry

Industry and Trade
  • Since its entry into Africa in 2016, video streaming giant Netflix has invested a total of $175 million in the continent’s film production, creating over 12,000 jobs.
  • Africa’s film industry accounts for $5 billion of the continent’s GDP and currently employs five million people with the potential to create 20 million jobs
  • In the period, Netflix’s activities in the three countries generated $218 million towards the gross domestic product value, $44 million in tax revenues, and $200 million worth of increased household income.

Africa’s film industry has been on a growth path with local content production taking center stage, a trend that has attracted global players such as US-based video streaming giant Netflix, which has identified the potential and is investing heavily in the vibrant entertainment segment.

US-based Netflix says it has spent $175 million in film production in the continent’s leading markets of Kenya, Nigeria, and South Africa since …