BBC news spotlight on the growing demand for cinemas in Nigeria
Source: BBC News
June 6, 2019, Lagos, Nigeria – The management of FilmHouse were featured in an BBC interview on the growing demand for cinemas in Nigeria. Click link to watch the interview. https://www.bbc.com/news/av/business-48480401/growing-demand-for-cinemas-in-nigeria
Filmhouse team selected to join the Endeavour Network
April 30, 2019, Lagos, Nigeria – ACA Portfolio Company, Filmhouse, led by Kene Okwuosa and Moses Babatope, have been selected to join the Endeavour Network.
Endeavour is a global network of entrepreneurs in 34 countries. The CEO of Endeavour Nigeria, Ms. Eloho Oname, confirmed that the selection panel was very impressed with the Filmhouse team and are excited to work with the company in achieving its expansion objectives.
Click link to read more https://endeavor.org/blog/events/endeavor-selects-40-entrepreneurs-17-markets-87th-international-selection-panel-madrid/
ACA portfolio, Filmhouse bags CinemaCon
April 16, 2019, Lagos, Nigeria – Nigeria was presented with the Emerging Market Spotlight Award at the Cinemcon 2019 – the most influential cinema conference in the world, organized by the American Cinema Organization. Filmhouse was invited to accept the award on behalf of Nigeria, as they were deemed to have been the most significant contributor to the development of cinema in Nigeria. Kene Okwusa and Moses Babatope spoke at the event to very senior members of the global cinema community and represented the Nigerian Film industry admirably.
ACA exits Wakanow
December 21, 2018, Lagos, Nigeria – ACA is happy to announce the exit from the CAPE III investment in Wakanow. Wakanow is the leading Online Travel Agency (OTA) in West Africa. The Company utilized the CAPE III investment to grow 3 fold during the four year holding period. The Company will now be embarking on a further expansion to become the leading OTA in Africa and CAPE III exited as part of the transaction to fund this additional growth. ACA wishes the company and the management success in the new expansion.
ACA and ELALAN group begin development of Blue Water project
December 17, 2018, Lagos, Nigeria – Blue Water Lagos, also termed the “Ultimate Lifestyle Community” is a contemporary mixed-use development that sits on a 37,000 square meters expanse of sea view land, crafted beautifully with quality and comfort embedded in its design.
Located in the heart of Lekki Phase 1, Blue Water Lagos is made up of 5 residential buildings, blended with commercial spaces, modern conveniences and exciting development features. Its top-notch amenities include leisure, entertainment and recreational facilities that encourage social interaction and passive recreation, and the commercial spaces offer top brands the opportunity to provide quality services for the residents.
It is been developed by Elalan Group and African Capital Alliance, and master planned/designed by Ngonyama Okpanum & Associates. The project is on schedule with completion due by the end of December 2019.