Facebook releases options for monetizing content created by Ghanaians and Nigerians
According to Meta, starting on July 1, 2024, content creators in Ghana and Nigeria who have at least 5,000 followers on Facebook will be able to make money from their work.
On Monday, the firm unveiled two new revenue-generating features: Facebook In-Stream Ads and Facebook Ads on Reels.
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As to Meta’s announcement, these capabilities will enable creators to generate income by creating unique movies and expanding their communities.
Video and reel content providers who meet the requirements in both nations can monetize their work, and support is offered in more than 30 languages worldwide.
The statement read: “To use either product, creators must pass and remain compliant with Facebook’s partnership monetisation policies and content monetization policies and they must be at least 18 years old.
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“Additionally, for in-stream ads creators must meet certain requirements such as having a minimum of 5,000 followers.”
Commenting on the rollout, Global Partnerships Lead, Africa, Middle East and Turkey, at Meta, Moon Baz, said: “Everyday, we’re inspired by the incredible African creators who use Facebook to tell their stories, connect with others and bring people together.”
“This expansion will empower eligible creators in the vibrant creative industry across Nigeria and Ghana to earn money, whilst setting the bar high for creativity across the world and making Meta’s family of apps the one-stop-shop for all creators.
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“In-stream Ads can play before, during or after on-demand videos, whether it’s pre-recorded content or when publishing a recording of a previous live stream.
“Types of In-stream Ads include Pre-roll Ads (which play before a video starts,), Mid-roll Ads (which play during videos), Image Ads (static image ads that display beneath the content) and Post-roll Ads (ads which appear at the end of videos).
“Ads on Facebook Reels integrate seamlessly into original Reels, enabling creators to get paid based on the performance of their original reels while entertaining fans”, Baz added.
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