Mo Abudu’s EbonyLife Group has joined forces with Logical African Partners to establish a $50 million motion picture investment initiative aimed at boosting the African film industry. Logical African Partners serves as the African investment branch operating under France-based Logical Pictures.

Known as the Afro Film Fund, the newly formed financial vehicle intends to back roughly 35 cinematic projects throughout an eight-year timeframe. Additional information regarding the initiative is anticipated to emerge as the story progresses.