Africa Media Fund set to invest US$99.3m in media assets across the continent

AFRICA – The Africa Media Fund, launched in Sandton, Johannesburg, promises to take African media into the Fourth Industrial Revolution and market it to the world. Spearheaded by diplomat, entrepreneur and social activist Dr Khumoetsile Moetse, the AMF is set to invest US$99.3m in large-scale infrastructure in media assets on the African continent. It has a specific focus on existing networks in South Africa, Nigeria, Namibia and Tanzania. Expansion into Ethiopia, Kenya, Uganda and further afield, into the United States and Germany is also in the plan. “The establishment of…

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