Kwese acquires a significant stake in iflix Africa
A Developing story has it that Kwese has bought a significant stake in iFlix Africa. Kwese made an announcement stating that Kwesé has acquired a significant stake in iflix Africa, which will now form part of Kwesé’s diverse broadcast offering, as the core vehicle to deliver seamless mobile experiences to millions of viewers in Africa.
For Kwesé, the exponential growth of content consumption on mobile in Africa, the partnership with iflix Africa will ensure that the company is not only part of the evolution but the leader. And iflix is looking at the deep experience and success of Econet Group in media and telecoms to be a huge advantage for rapid growth.
The deal cements Kwesé’s commitment to deliver premium content through unrivaled TV programming, leading sports, up-to-the-minute news and the latest in entertainment. This coupled with iflix’s vast collection of international and African SVOD content will offer users an unparalleled viewing experience, tailored to meet the needs of Africa’s diverse markets.
Kwesé is currently available in 13 countries with its ground-breaking pay-as-you-watch Pay-TV service and has built the largest pan-African free-to-air broadcast network showcasing Kwesé Free Sport in over 25 countries. The operating partnership will see iflix drive Kwesé’s go-to-market mobile delivery in each of its territories.
