African Capital Alliance Invests in Filmhouse Cinemas and Film One (Sub-Saharan Africa)

Source: African Capital Alliance

West Africa-focused investment firm African Capital Alliance (ACA) has invested in Filmhouse Cinemas, a Nigeria-based cinema chain, and Film One, its associated film production and distribution company. The transaction was structured through ACA’s third fund, CAPE III. Through its partnership with ACA, Filmhouse and Film One hope to scale their operations and strengthen their market position in Nigeria. Financial details of the transaction were not disclosed.