Saturday, March 1, 2025

TSC Global And Nigeria’s Del-York Group Sign $4.5b Joint Venture

In a groundbreaking development set to redefine Africa’s creative and technological landscape, Singapore’s TSC Global and Nigeria’s Del-York Group have entered into a monumental $4.5 billion joint venture to establish the Lagos Film City, also known as Kebulania. This ambitious project aims to position Lagos as a global film, media, and technological innovation hub.

The Lagos Film City, spanning 100 hectares in Epe, Lagos State, is envisioned as a comprehensive ecosystem that includes:

AI-Capable Hyperscale Data Centers: 50,000 square meters dedicated to advanced data storage and processing.

Sustainable Power Generation: A 1 gigawatt (GW) sustainable gas-fired power plant, with 100 megawatts (MW) allocated specifically for the data centers.

Creative and Innovation Spaces: 500,000 square meters of facilities, including state-of-the-art production studios and virtual production stages comparable to Hollywood standards.

Educational and Training Facilities: World-class institutions designed to nurture talent and foster skill development.

Residential and Recreational Areas: Amenities such as housing, recreational zones, and theme parks to support a vibrant community.

This development is projected to generate over 10,000 direct jobs and more than 25,000 indirect employment opportunities, contributing over $3.5 billion annually to Nigeria’s creative economy.

Environmental Sustainability

A core component of the Lagos Film City is its commitment to environmental sustainability, featuring:

Renewable Energy Integration: Plans to incorporate 40% renewable energy sources into the power supply.

Water Recycling Systems: Advanced systems designed to minimize water waste and promote conservation.

Green Building Certification: Adherence to international standards for sustainable construction.

Biodiversity Preservation: Initiatives aimed at protecting local ecosystems and promoting environmental stewardship.

These measures underscore the project’s dedication to sustainable development practice.

This joint venture represents a strategic collaboration between Africa and Asia, aiming to bridge continents and create unparalleled opportunities for creative and technological collaboration. The initiative is expected to serve as a catalyst for international co-productions, technology partnerships, and educational collaborations, further strengthening Africa’s creative and technological sectors.

The establishment of the Lagos Film City marks a transformative step in Africa’s creative and technological landscape, promising to empower generations of African creators and innovators and position Lagos as Africa’s premier creative capital.

Philip Atume
Philip Atume
Atume Philip Terfa is a dynamic Website Content Developer and Online Editor at Silverbird Communications, spearheading digital content for the Rhythm 93.7 FM website. With over six years of experience in the digital media space, he has honed his craft in creating engaging, insightful, and trend-driven content across diverse sectors, including news, entertainment, sports, and music. His expertise lies in curating compelling digital narratives that not only captivate audiences but also enhance online visibility and engagement. Passionate about storytelling and digital innovation, Atume continues to shape the media landscape with creativity and excellence.

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