Sony Corporation is set to invest $10 million in Africa's entertainment sector

In an announcement on Wednesday, October 11, 2023, Sony pledged to support Africa’s entertainment businesses through Sony Innovation Fund: Africa (SIF: AF).

Speaking on the investment, Gen Tsuchikawa, the CEO of Sony Ventures, in an exclusive with TechCrunch, revealed that the company remains fully committed to its entertainment line despite funding other sectors of society through the Sony Innovation Fund established in 2016.

He revealed, “The entertainment field has been a key area of focus for Sony Innovation Fund since the beginning and will continue to be.”