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Netflix Commits $1 Million towards Scholarships in Africa

Netflix , the world’s leading entertainment streaming service, has  announced a commitment of US$1 million towards the newly-established Netflix Creative Equity Scholarship Fund (CESF) for film and TV students in Sub-Saharan Africa. The scholarship fund forms part of Netflix’s global Netflix Creative Equity Fund  launched in 2021 to be allocated to various initiatives over the next 5 years with the goal of developing a strong, diverse pipeline of creatives around the world.

The scholarship fund will cover the costs for tuition, accommodation, study materials and living expenses at institutions where beneficiaries have gained admission to pursue a course of study in the TV & film disciplines in the 2022 academic year.

The Netflix CESF is targeted for rollout across the region in the academic year commencing in 2022, starting with an open call for applications in the Southern African Development Community (SADC) region, in partnership with social investment fund management and advisory firm Tshikululu Social Investments (https://bit.ly/3qLORX2) as implementing partner/fund administrator in Southern Africa. Fund administration partners for East Africa and the West and Central Africa regions will be announced in due course.

“Netflix is excited by the potential of the next generation of storytellers and we’re committed to investing in the future of African storytelling in the long-term,” says Ben Amadasun, Netflix Director of Content in Africa. “We believe there are great stories to be told from Africa and we want to play our part by supporting students who are passionate about the film and TV industry so they too, can ultimately contribute to the creative ecosystem by bringing more unique voices and diverse perspectives to African storytelling that our global audiences find appealing.”

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