Kwesé acquires stake in iflix Africa

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Pay TV platform, 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.

iflix is an entertainment service for emerging markets, while Kwesé is Econet Media’s pan-African media company.

A statement by Kwese read in part, “Having set up operations in Nigeria, Kenya, Ghana and South Africa, iflix offers users the region’s most extensive collection of highly acclaimed local African and international series and movies, including first-to-market exclusive programming.

“This, in partnership with Kwesé’s broadcast operations and footprint, will create an exceptional mobile offering for consumers on the continent.”

It was gathered that both companies had committed extensive resources with local and international expertise in mobile entertainment to serve Africa’s diverse markets.

The iflix Group Co-founder and Chief Executive Officer, Mark Britt, said, “The strengthening of our relationship with the Econet Group is a huge milestone for iflix. Following the initial phase of building our business in Africa, we have seen tremendous growth across our operating markets, far exceeding our expectations.

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