Netflix’s First African Original Series Is on the Way

Netflix (NFLX) is working on its first African original series for release next year to its global audience. The African original further highlights Netflix’s continuing bet on original programming at a time when it is facing growing competition for subscribers. In addition to expanding and diversifying its content library, investment in original productions is also viewed as part of Netflix’s attempts to take control of its business as some of its content partners turn into competitors.