Connect with us

    Entertainment

    AMVCAs Impact On Revenue Streams, Market Expansion For African Content

    Published

    on

    The thrill of the recently concluded 10th Africa Magic Viewers’ Choice Awards (AMVCA) might be winding down after a 2-day celebration aimed at recognizing outstanding talents in Africa’s film and movie industry. However, the positive impact of this prestigious event will resonate for years to come. The reason is clear: the AMVCA has and will persist in fostering a positive influence on the African film industry and the Nigerian economy as a whole.

    AMVCA has made substantial economic contributions that continue nourishing and nurturing the African film ecosystem. According to the first impact report of the annual awards published in 2023, over 27,000 jobs have been created by the AMVCA since its inception in 2013. The report also states that over 3,000 direct and indirect jobs are created each year during the award ceremony. These include jobs in event management, set design, art direction, technical crew, fashion design, makeup, hair, photography, public relations, and more.

    The 10th AMVCA saw a lineup of A-list sponsors such as Amstel Malta, Pepsi, and Onga Seasoning, including first-time sponsors such as Martell and Nivea. Their contributions to the event, including their showcase on the Cultural Day, contributed not just to the ambiance and reputation of the event but also resulted in job creation creating a multiplier effect. The 10th AMVCA had 18 sponsors who in one way or another employed no fewer than 10 people to make their presence at the Cultural Day and Award Night a success.

    Apart from the obvious employment contributions, AMVCA has also acted as a significant catalyst for economic growth in Africa’s film industry. The direct sector beneficiaries include actors/actresses, filmmakers, screenwriters, cinematographers, editors, production designers, sound designers/engineers, composers, marketers, and so on.

    Another remarkable impact of the AMVCA is the increased recognition and exposure of African films on the global stage. This has created new opportunities for co-production, collaboration, and distribution deals with major players in the film industry. This has also resulted in a surge of production activities, leading to income generation from actors, filmmakers, crew members, and supporting industries such as catering, logistics, equipment rentals, stage building and management, etc.

    African designers, musicians, and artists have also found new avenues to showcase their talents thanks to the positive ripple effect caused by the ever-growing influence of African films on the international community.

    The AMVCA has over the years played a significant role in the promotion of tourism and destination marketing across the African continent. Apart from the stories the nominated films portray, the viewers are also exposed to Africa’s cultural richness and historical landmarks, sparking the curiosity and interest of potential tourists.

    The Africa Magic Viewers’ Choice Awards continues to move on an upward trajectory in its mission to showcase the richness of our cultures and talents to the world through African films. Looking ahead, there is an anticipation for increased commitment towards accelerating the socio-economic impact of the sector. This entails fostering talent, broadening industry exposure, and attracting investment. With Africa currently contributing only 1% to the global creative industry valued at $2.2 trillion, there is a pressing need for stakeholders to support the AMVCA to bridge the financial disparity between Africa and other continents.

    Continue Reading
    Click to comment

    Leave a Reply

    Festivals

    Calabar Carnival 2024 attracts over 300,000 tourists, boosts local economy

    Published

    on

    Calabar Carnival 2024 tourism

    Calabar Carnival 2024 drew over 300,000 tourists, driving a 42% increase in attendance and generating billions in revenue for Cross River.

     

     

    The recently concluded 32-day Calabar Carnival 2024 proved a monumental success, attracting over 300,000 tourists and generating billions in revenue for Cross River State.

    This marked a 42% increase in attendance compared to 2023, according to the Cross River Tourism Bureau.

     

    Also read: Calavegas band secures back-to-back Carnival càlabar wins

     

    Speaking in Lagos, the bureau’s Managing Director, Ekpenyong Ojoi, revealed that the carnival, which ran from 1 November to 31 December 2024, brought a significant influx of visitors from across Nigeria and beyond.

    “Calabar recorded over 300,000 tourists during the festival period, with most visitors coming from Abuja, Lagos, and neighbouring Akwa Ibom State,” Ojoi stated.

    He highlighted that the 2024 festival saw a significant rise in onsite spectators, with an estimated 450,000 attending key events such as the Cultural Carnival, Children’s Carnival, and Bikers Carnival. This was a substantial increase from the 279,486 spectators recorded in 2023.

    Furthermore, the carnival achieved global visibility, with over 1.2 billion viewers watching via DSTV channel 198 and over 100 million viewers tuning in through online streaming platforms.

    The tourism boom translated into remarkable economic benefits for Calabar. From November to December 2024, hotel occupancy rates rose from 57% in 2023 to 68%, with many establishments achieving full capacity during peak dates in December.

     

    Revenue highlights include:

    • Hotel bookings: Estimated at ₦2.79 billion ($1.74 million), driven by 100% occupancy at key hotels such as Hogis Royale and Metropolitan Hotel.
    • Food and breakfast sales: Estimated at ₦900 million ($562,000).
    • Ticketed events: Funfest, Calabar Fashion Show, and Queen of Humanity generated ₦100 million ($66,000).
    • Nightlife: The city’s top five nightclubs contributed ₦400 million ($267,000).
    • Miscellaneous activities: Online streaming, food, drinks, dancers, and car rentals added another ₦1 billion ($667,000).
    • Transportation: Visitors spent an estimated ₦8.87 billion on air, road, and sea travel.

     

     

    Ojoi also emphasised the cultural significance of the carnival, with tourists visiting key attractions such as the OMR, Marina Resort, and Kwa Falls. The festival continues to strengthen Calabar’s reputation as a premier destination for cultural tourism in Nigeria.

    “The Calabar Carnival is not just a festival; it’s a celebration of our rich heritage, a boost to our economy, and an opportunity to connect with the world,” Ojoi added.

    As the Cross River State Government continues its efforts to promote tourism, the success of the 2024 Calabar Carnival demonstrates the transformative potential of cultural events in driving economic growth and global recognition.

    Continue Reading

    Culture

    New Alaafin of Oyo begins 21-days traditional rites

    Published

    on

    Alaafin of Oyo traditional rites

    Oba Abimbola Owoade, the new Alaafin of Oyo, has commenced a 21-day traditional rite, marking his ascension to the historic throne.

     

     

    The newly appointed Alaafin of Oyo, Oba Abimbola Owoade, has begun a 21-day traditional rite marking his ascension to the throne of the historic Yoruba kingdom.

    Governor Seyi Makinde officially announced Owoade as the Alaafin-elect last Friday, following which he presented the new monarch with the staff of office during a ceremony held on Monday.

    The event was graced by the Oyomesi (the kingmakers), top government officials, and notable personalities from Oyo State.

    Oba Owoade succeeds the late Alaafin, Oba Lamidi Adeyemi III, who ruled the Oyo Kingdom for over five decades before passing away three years ago.

    After receiving the staff of office, the Alaafin-elect journeyed to Oyo town to meet his subjects and formally commence the rites of ascension.

    A source close to the palace disclosed that Oba Owoade will observe the mandatory 21 days of traditional ceremonies required for his enthronement as the Alaafin of Oyo.

    “Oba Owoade has headed to Oyo town to meet the sons and daughters of Oyo and will proceed with the 21 days of traditional rites for the ascension to the throne of his forefathers,” the source said.

    The rites are a critical part of the coronation process in Yoruba tradition, involving prayers, rituals, and other cultural practices to fortify the new king spiritually and affirm his legitimacy as a divine ruler.

    The ascension of a new Alaafin is a significant event in Yoruba culture, symbolising continuity and stability in one of Nigeria’s oldest monarchies.

    Oba Abimbola Owoade’s reign is expected to foster unity and development in Oyo State and beyond.

    As part of the ancient traditions, the Alaafin is regarded not only as a political figure but also as a spiritual leader and custodian of Yoruba culture and heritage.

    The new monarch’s 21-day rites serve as a bridge between the rich history of the Oyo Kingdom and its evolving role in contemporary society.

    The people of Oyo await the conclusion of the rites, which will culminate in the final ceremonies, officially marking the beginning of Oba Owoade’s reign.

    Continue Reading

    Culture

    Seyi Makinde approves Prince Abimbola Owoade as new Alaafin of Oyo

    Published

    on

    **Title:** Seyi Makinde Approves Prince Abimbola Owoade as New Alaafin of Oyo **Keyphrase:** Seyi Makinde, Prince Abimbola Owoade, Alaafin of Oyo, Oyomesi, Oyo monarchy **Excerpt (140 characters):** Governor Seyi Makinde approves Prince Abimbola Owoade as the new Alaafin of Oyo, ending legal disputes following Oba Adeyemi’s death. --- **Seyi Makinde Appoints Prince Abimbola Owoade as New Alaafin of Oyo** Oyo State Governor, Seyi Makinde, has officially appointed Prince Abimbola Akeem Owoade as the new Alaafin of Oyo, following an extensive selection process led by the Oyo kingmakers, the Oyomesi. The announcement, made in a statement on Friday by the Commissioner for Information and Orientation, Dotun Oyelade, marks a significant moment in the ancient kingdom's leadership transition. According to the statement, Prince Owoade’s appointment comes after thorough consultations and traditional divinations, which were conducted by the Oyomesi. The statement confirmed that the kingmakers recommended Owoade as the successor to the late Oba Lamidi Adeyemi III, whose passing on April 22, 2022, left a vacancy for the revered position of the Alaafin. “Owoade, after consultations and divinations, has been recommended by the Oyomesi and approved by Governor Seyi Makinde as the new Alaafin of Oyo,” the statement read. The Commissioner for Local Government and Chieftaincy Affairs, Ademola Ojo, added that the appointment would put to rest the socio-legal disputes that had followed the late Oba Adeyemi’s passing. "This decision has put to rest all the socio-legal controversies that have arisen since the transition of the late Oba Adeyemi," Ojo said. He urged the people of Oyo State to rally behind the new Alaafin as he embarks on his reign. Governor Makinde’s approval of Owoade’s appointment has sparked optimism about a new era for the Oyo Kingdom. Oyelade expressed hopes that the new monarch’s reign would foster peace, unity, and prosperity, while preserving the rich legacy of the Alaafin institution. “We pray that his reign brings progress and harmony to the people of Oyo and strengthens the historic legacy of the Alaafin institution,” he said. However, the selection of Prince Owoade as Alaafin has not been without controversy. The kingmakers, including the Basorun of Oyo, High Chief Yusuf Akinade, and other prominent figures, had previously expressed their dissatisfaction with the governor’s decision, asserting that Prince Lukman Gbadegesin had already been selected as the Alaafin-elect. They cited ongoing legal proceedings related to the selection process and urged the suspension of the appointment until the courts resolve the matter. Legal counsel for the kingmakers, Adekunle Sobaloju, described the governor’s actions as illegal and called for the suspension of the process. The legal tussle continues to unfold as Oyo State navigates this complex transition. Despite the legal challenges, Governor Makinde and his administration are optimistic that Prince Owoade’s ascension will bring much-needed stability and growth to the kingdom, urging residents to support their new monarch. **Tags:** Seyi Makinde, Prince Abimbola Owoade, Alaafin of Oyo, Oyomesi, Oyo monarchy

    Governor Seyi Makinde approves Prince Abimbola Owoade as the new Alaafin of Oyo, ending legal disputes following Oba Adeyemi’s death.

     

     

    Oyo State Governor, Seyi Makinde, has officially appointed Prince Abimbola Akeem Owoade as the new Alaafin of Oyo, following an extensive selection process led by the Oyo kingmakers, the Oyomesi.

    The announcement, made in a statement on Friday by the Commissioner for Information and Orientation, Dotun Oyelade, marks a significant moment in the ancient kingdom’s leadership transition.

     

    Also read: Governor Makinde vows to promote Igbo Ora Festival of Twins as global tourist attraction

     

    According to the statement, Prince Owoade’s appointment comes after thorough consultations and traditional divinations, which were conducted by the Oyomesi.

    The statement confirmed that the kingmakers recommended Owoade as the successor to the late Oba Lamidi Adeyemi III, whose passing on April 22, 2022, left a vacancy for the revered position of the Alaafin.

    “Owoade, after consultations and divinations, has been recommended by the Oyomesi and approved by Governor Seyi Makinde as the new Alaafin of Oyo,” the statement read.

    The Commissioner for Local Government and Chieftaincy Affairs, Ademola Ojo, added that the appointment would put to rest the socio-legal disputes that had followed the late Oba Adeyemi’s passing.

    “This decision has put to rest all the socio-legal controversies that have arisen since the transition of the late Oba Adeyemi,” Ojo said. He urged the people of Oyo State to rally behind the new Alaafin as he embarks on his reign.

    Governor Makinde’s approval of Owoade’s appointment has sparked optimism about a new era for the Oyo Kingdom.

    Oyelade expressed hopes that the new monarch’s reign would foster peace, unity, and prosperity, while preserving the rich legacy of the Alaafin institution.

    “We pray that his reign brings progress and harmony to the people of Oyo and strengthens the historic legacy of the Alaafin institution,” he said.

    However, the selection of Prince Owoade as Alaafin has not been without controversy.

    The kingmakers, including the Basorun of Oyo, High Chief Yusuf Akinade, and other prominent figures, had previously expressed their dissatisfaction with the governor’s decision, asserting that Prince Lukman Gbadegesin had already been selected as the Alaafin-elect.

    They cited ongoing legal proceedings related to the selection process and urged the suspension of the appointment until the courts resolve the matter.

    Legal counsel for the kingmakers, Adekunle Sobaloju, described the governor’s actions as illegal and called for the suspension of the process. The legal tussle continues to unfold as Oyo State navigates this complex transition.

    Despite the legal challenges, Governor Makinde and his administration are optimistic that Prince Owoade’s ascension will bring much-needed stability and growth to the kingdom, urging residents to support their new monarch.

    Continue Reading

    Trending