Beyonic-MFS Africa deal: Luke Kyohere on why it’s a good fit and the future of mobile money

14 August 2020

The recent purchase of Beyonic by MFS Africa has come at a time of other recent news about money transfer deals designed to provide continental reach. Russell Southwood talked to Luke Kyohere, Founder and Executive Chairman of Beyonic about what happens next. The deal to buy Beyonic came out of its Series A fundraising round:”We were in the middle of a fundraise, when we started to talk to MFS, who we had talked to in 2016. We were already profitable and in 7 countries. The Series A round was to help us expand into more countries and roll-out more products.”…


Annual DISCOP event reworks itself - The business of buying and selling African TV and streaming content goes virtual

7 August 2020

The annual trade fair is dead for the foreseeable future. Those running things like DISCOP and AfricaCom have had to reinvent themselves. Russell Southwood talks to DISCOP founder Patrick Zuchowicki about what buyers and sellers really want when they go online and what he’s doing to meet these needs. The annual DISCOP event has gone online and launched last Monday. It will last three months and Zuchowicki told me that it had been “good so far. It’s a different format. Forget about physical trade shows. We are building a format that keeps the trade show element out of the picture.”…


Sub-Saharan Africa's Broadcasting Landscape

Balancing Act is pleased to announce the publication of Sub-Saharan Africa’s Broadcasting Landscape and Nine Key Markets. The report is a joint publication with one of the continent’s leading providers of mobile-based research and insights GeoPoll.