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    China remains Africa’s largest bilateral trading partner, accounting for 20% of the region’s exports and 16% of its imports.

    African nations may face pressure as China warns against U.S.-aligned trade deals

    afb

    The African Development Bank Group (AfDB) is rolling out Special Agro-Industrial Processing Zones (SAPZs) across Africa

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    Trump cuts see main African health agency turn to local funding

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    South Africa to revise cannabis food laws amid public backlash

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    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

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    Digital banking revolution can help SA banks regain their customers’ love, says BCG

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    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

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Africa will have 57 million pay TV subscribers by 2028, report

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28/01/2023
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Africa will have 57 million pay TV subscribers by 2028, report
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About 16 million pay TV subscribers will be added in Africa between 2022 and 2028 to take the total to 57 million. This is according to the latest report by Research and markets.

Subscriber numbers will climb by 38% over this period, but pay TV revenues will rise by only 29% – indicating that subscribers will pay less. Pay TV revenues will reach $6.44 billion by 2028, up from $4.99 billion on 2022.

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Three groups account for 89% of Africa’s pay TV subscribers. Multichoice, through its DStv and GOtv platforms, will continue to lead – with 21 million subscribers expected by 2028. StarTimes/StarSat (19 million) and Canal Plus/Easy TV (11 million) will follow.

Simon Murray, Principal Analyst, said: “No new major players will start. Instead, these three operators will battle for supremacy – often by cutting prices.”

Source: African Business Communities
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