The China Africa Development Fund and China Development Bank have committed to invest large sums of money in the digitalisation of TV in African countries.
Chinese news source China Daily quotes Chi Jianxin, president of the China Africa Development Fund, as saying at a seminar organised by Beijing-based private media group StarTimes that the development fund has already invested US$ 100mn since 2007, and has earmarked a further US$ 50mn for the project.
Founded in February 2010, NaShakaraTv has established itself as being a leading broadcaster for music and entertainment in Africa, allowing billions of people to discover watch and share, authentic creative videos, images and news feeds online. NashakaraTv provides an entity for people to connect, inform, and inspire others across the globe and acts as a distribution platform for original content creators to advertise their work / finding.
The president of the African Network of Promoters and Cultural Entrepreneurs (RAPEC), John Dossavi, on Monday played down in Paris the closure of cinema halls in Africa and pleaded for a new policy on cinemas. 'I am naturally not for the closure of cinema halls. But I take the view that the problem is not so much the wave of closures as the absence of African films that reflect African realities and respond to the demand on the continent,' he said in an interview with PANA.
-'Rollaball' movie which features Ghanaian polio survivors pioneering extreme sports with a combination of skating and soccer - mentioned in our last August 2012 edition - is celebrating completion of its first week on crowdfunding platform Kickstarter ($5700 - 16% funded). On this occasion, the South African filmmakers share an action clip which showcases the Rolling Rockets' skills on their skateboards. On 5th Sept.
National Chairman of Jamma'ati Izalatil Bid'ah Wa'iqamatis Sunnah (JIBWIS) Shiekh Abdullahi Bala Lau says arrangement has been concluded by the sect to launch its television station to be called 'Sunnah TV' which will be broadcasting through a television channel via satellite for the propagation of Islam.
The chairman said at the opening ceremony of the 16th JIBWIS National Qur'anic Recitation Competition in Minna, Niger State yesterday that a test run transmission of the channel had already been conducted.
Since 3 July 2012, Canal + has become a unique and accessible offer with or without Canalsat at 10,000 CFA / Month only. In addition and to maxime viewers' comfort zone, Canal + Africa now offers two innovative Canal + channels specifically dedicated to subscribers whether they live in West Africa and Central Africa: "Canal+Ouest" and "Canal+Centre".
South African pay-TV broadcaster M-Net has announced that it will not commission a third series of its location-based soapie, The Wild, due to high production costs, unsatisfactory ratings and issues around the location itself. The Wild, which was launched in April 2011, will come to an end on the M-Net channel in March 2013.
- Investments in Tencent Holdings Ltd. (700), China’s biggest Internet company, and Mail.ru (MAIL), the largest Russian-language Internet firm and a 1.5 percent owner of Facebook Inc. (FB), account for almost 90 percent of Naspers’ $23 billion market value. That calculation puts a price tag of about $2.7 billion on Naspers’ media operations -satellite and cable TV across Africa, broadcast rights to English Premier League soccer, South Africa’s biggest newspaper, and dozens of other businesses in 133 countries from Argentina to Zambia.