Finance executive Adedayo Amzat, Labari Africa Productions MD Tunde Leye and filmmaker Femi Ogunsanwo have set up a US$3m Nollywood fund to support the development and production of Nigerian films.
The fund will also provide mentorship and on-set training opportunities for emerging talent and will support distribution and marketing efforts. The first investment that has come out of the fund is a movie titled The Lagos Job, which will be produced and directed by Ogunsanwo.
According to Leye, the fund will help provide the resources and support filmmakers need to bring their stories to life and showcase the talent and creativity of the Nigerian film industry to the world.
“We launched our $3m film fund to tell Nigerian stories for a global audience over the next few years,” Leye said on Instagram.
Ogunsanwo added: “Now the real work begins. Just wanted to let you know what we have been working on with Tunde Leye and Adedayo Amzat.”
This collaboration comes shortly after the executive trio partnered on Nollywood romantic comedy Finding Hubby (2020) and its sequel Finding Hubby 2 (2022). Ogunsanwo’s House Gabriel Studio and TLS Media Place produced the films, with Genesis Film Distribution handling sales.
Novelist and social change advocate Tunde Leye is preparing a big-screen adaptation of his 2012 blog series Finding Hubby, which is due to hit cinemas this November.
The movie will explore themes of friendship, love and finding happiness in oneself. It follows the story of a 35-year-old single woman and her friends’ journey of self-discovery amidst the hustle and bustle of Lagos. The trio embark on an adventure of kissing many frogs in an attempt to find their prince.
Femi Ogunsanwo, producer and director of the film, said: “The cast and crew of the movie have been carefully selected to ensure that the viral story is retold on video without losing any of the elements that made it a fan favourite.
“It was a most exhilarating experience creating a movie out of this story that was followed by over two million people online and on radio. I can’t wait for fans to see what will definitely be the most talked about movie this year.”
Ogunsanwo is behind successful movies such as Ojukokoro, Knockout Blessing, Jeneji and Ajoche. The movie adaptation of Finding Hubby will be distributed by Genesis Film Distribution.