“There are a lot of local labels and artists that are big in Africa, but the whole digitalisation journey is not even there,” Tencent’s Poshu Yeung told Bloomberg, before suggesting that expanding in Africa at this stage is more appealing than scrapping for market share in more mature (in a streaming sense) regions. “Rather than go fighting for the pie, it’s better to build a pie.” According to the interview, Nigeria may be one of the first ports of call for Joox as it expands.
MTN Group Appoints Mike Silber as Group Executive Regulatory
Mike Silber joins MTN Group with extensive regulatory experience, set to drive digital connectivity across Africa.
March 29, 2024