Accra: Ghanaian actress and Executive Secretary of the National Film Authority (NFA), Kafui Danku, has described the newly launched GH?20 million film fund as a breakthrough for the country's film and audio-visual industry. Speaking to the media on May 20, 2026, during the official launch of the Film Development Fund, Kafui Danku announced that the initiative comes with a seed capital of GH?20 million to support players within the creative sector.
According to Ghana Web, financial challenges have long hindered the growth of the film industry, making the government's intervention a significant step forward. Kafui Danku emphasized the importance of this initiative, stating, "For a very long time, this has been a challenge. Finance has been a challenge and now the government has given and acted on their promises."
Kafui Danku explained that the fund is intended to serve as seed money to stimulate growth and expansion within the sector while ensuring sustainability for future generations. She remarked, "This is seed money and we all know what seed does. We are going to be able to enjoy or use this money responsibly to boost our industry. We need to grow and we will not just be growing the industry but the fund as well."
She clarified that the fund is not free money, stressing that mechanisms are already being discussed to ensure beneficiaries repay the support they receive. "The fund is not free money. We have started discussions on various ways to recoup the loans. That is in check and in due time, we will communicate everything the public wants to know," she noted.
The NFA boss further revealed that the initiative is open to all stakeholders within the film and audio-visual ecosystem. "Everyone in the audiovisuals ecosystem, content creators, film distributors, film producers, film exhibitors, broadcasters and everybody in the film ecosystem are all qualified to get access to the fund," she added.