Film producer and Chief Executive Officer of Kofas Media, Kofi Asamoah, has described government’s newly launched film fund as a major boost to Ghana’s creative industry, saying it signals a long-awaited shift in how the sector is being positioned within the national economy.
Speaking on Starr FM on Saturday, May 23, 2026, Asamoah said the introduction of a GHS 20 million film fund marks an important step toward recognising the film industry as a serious economic sector rather than just a form of entertainment.
According to him, funding has remained one of the biggest structural challenges facing filmmakers in Ghana, largely because the industry operates without a formal studio system, forcing producers to rely on personal financing and limited private investment.
“Funding has always been one of the biggest challenges for filmmakers in Ghana… we do not have a studio system here, and so films are always made directly out of pocket of producers,” he said.
He explained that this long-standing funding gap has contributed to the loss of many compelling stories that never get produced due to lack of access to capital.
Against this backdrop, Asamoah welcomed the establishment of the film fund under the National Film Authority, describing it as a significant improvement in government’s commitment to the creative sector.
“To know that the government is showing commitment and interest in the industry through the National Film Authority and the recent launch of the 20 million cedi fund, I think it is a major step,” he said.
He added that the initiative reflects a growing recognition of the creative industry’s potential as an economic driver, rather than being treated solely as an entertainment field.
Credit: starrfm.com.gh
