Government has released GH¢5 million of the GH¢20 million allocated to the Film Development Fund, fulfilling part of its commitment to provide funding for Ghana’s film industry.
The amount has been paid into the account of the National Film Authority (NFA), according to the Authority’s Executive Secretary.
Presenting the 2026 Budget Statement on November 13, 2025, Finance Minister Cassiel Ato Forson announced a GH¢20 million allocation to the Film Development Fund as seed money to help revive the country’s film industry, including Kumawood and other industry associations.
Speaking to Myjoyonline.com after the launch of the Film Development Fund on Wednesday, May 20, 2026, the Executive Secretary of the National Film Authority confirmed that GH¢5 million of the budgeted GH¢20 million has been paid to them.
“Government has so far released 5 million cedis as part of the 20 million cedis seed fund commitment,” she told Kwame Dadzie of Myjoyonline.com.
The Film Development Fund is intended to support the revival of Ghana’s film industry through research, training, infrastructure development and financial support for eligible projects.
Credit: myjoyonline.com
