Africa.com acquires iAfrica.com
Africa.com has completed its acquisition of iAfrica.com, South Africa’s oldest and most iconic news portal from South African media giant, Primedia (Pty) Ltd and telecoms powerhouse, MTN (Pty) Ltd.
iAfrica was founded in the late 1990s, and remains one of South Africa’s most recognized brands as a highly credible news source, providing an unbiased, South African view on local and global current events. Africa.com Chairman and CEO, Teresa Clarke, will serve as Executive Editor of iAfrica, whose content will continue to include a wide array of coverage of local and international news, business, sport, and lifestyle content.
The acquisition builds on Africa.com’s strength in running the news site at www.africa.com, and the Africa.com Business Publishers Network, a group of nearly fifty business content publishers on the continent who have joined Africa.com to create a digital audience of over fifteen million influential business people.
“The acquisition of iAfrica creates a next generation South African media platform with a global reach,” says Clarke. “By acquiring iAfrica, we are able to combine editorial, technology, and marketing resources, bringing the benefits of more original content and better site performance to readers of both iAfrica and Africa.com.
state Minister Dr. Aklilu meets with Turkish investors
State Minister of Foreign Affairs for Economic Diplomacy and Diaspora Affairs, Dr. Aklilu Hailemichael held discussions with Turkish investors.
A group of Turkish investors headed by Turkish Ambassador to Ethiopia, Ambassador Fatih Ulusoy discussed with Dr. Aklilu on ways of further expanding their investments in Ethiopia.
These group of investors include representatives from AYKA ADDIS and YAPI MERKEZI as well as other textile companies.
State Minister Dr. Aklilu Hailemichael took note of the key role Turkish companies are playing in Ethiopia in terms of creating employment opportunities, supporting the industrialization process in the country as well as facilitating technology transfer.
Ambassador Fatih Ulusoy on his part appreciated the commitment and support of the government of Ethiopia to Turkish investors.
Turkey, he said, would continue to be one of the major sources of FDI to Ethiopia.
The group of Turkish investors also commended the encouragement and support they have been receiving from the government of Ethiopia.
They reiterated their determination to work more closely with the government of Ethiopia.
The State Minister further said the government of Ethiopia would continue to extend support to Turkish investors.
