African Export-Import Bank (Afreximbank) and the Silverbird Group have signed a partnership agreement to build West Africa’s largest and most modern educational and film studio complex in Lagos.
The partnership was signed by Afreximbank’s Director of Project & Asset-Based Finance, Helen Brume and Founder of Silverbird Group, Ben Murray-Bruce.
According to Murray-Bruce, who stated this on the side-lines of the Africa Investment Forum, the complex will deliver a differentiated business model across the film industry value-chain.
The ground-breaking project, the ‘Ben Murray-Bruce Studios and Film Academy’ (BMB Studios and Film Academy), is expected to transform the 32,725sq-metre land area in Eko Atlantic City into two purpose-built sound stages, a digital hub, with music and broadcast studios, editing bays, screening rooms, studio backlot, production offices and a Film Academy designed to meet the aspirations of today’s and tomorrow’s content creators.
According to the partners, the project seeks to accelerate Africa’s lucrative film and television industries, attract large-scale international productions to Africa, and establish a creativity cluster that will draw in companies and talents working in similar and related sectors.