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The news:
- Netflix invested 71% of its total investment in sub-Saharan Africa in South Africa.
- According to Netflix’s socio-economic impact report, South Africa got $125 million, while Nigeria got $23 million.
- South Africa also had the most content on the list of the best-performing content from Africa.
Although Nigeria had more licenced movies on Netflix than any other country in sub-Saharan Africa, South Africa got the lion’s share of the $175 million Netflix has invested in the region.
According to Netflix’s socio-economic impact report, it has injected $175 million into sub-Saharan Africa since 2016.
In South Africa, it invested over $125 million in production between 2016 and 2022. Out of these productions, over 170 were licensed, while 16 were Netflix originals.
In Nigeria, $23 million was invested in productions, with 283 licenced titles and three commissioned titles.
For Kenya, however, the movie streaming platform did not include details about the total…