PEafrinsights buys a significant stake in CMG International Media Group

PEafrinsights through its group, Eliofin Proprietary Limited has agreed to acquire 13% of the South African operations of CMG International Media Group, an integrated events lead business-to-business and business to retail communications platform with product offerings of Events, Media and Publishing. CMG networking events include The African Diaspora Awards, Zimbabwe Achiever Awards and publications include The African Diaspora Magazine and Zim Abroad Magazine. CMG has operations in the United Kingdom, United States of America, Australia and South Africa. PEafrinsights has continued to expand on its mandate to provide pipeline, business intelligence and advisory to the alternative investor market. The agreed execution amounts are undisclosed.

 

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