Africa.com acquires iAfrica to expand its media business

Africa.com has acquired iAfrica from Primedia and MTN. The media business known as iAfrica was founded in the late 1990s and will now report to the Africa.com Chairman and CEO, Teresa Clarke. The media company has diverse coverage of local, business and international content that is provided to mostly South African readers. The acquisition by Africa.com will assist in growing the readership numbers which already run in the millions. Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. The deal value was undisclosed.

 

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