Africa Business Media Innovators
Across Africa, media owners and operators face common and extraordinary challenges locally and globally: an acceleration to digital, remote and online technologies, the increasing rise of global competitors, particularly social media, the loss of advertising revenue driving the need for new business models —coupled with dramatic changes in the structure of African and global economies.
With a focus on accelerating development of a globally competitive media and financial reporting industry and fostering more dynamic new media businesses in Africa, the annual convening — Africa Business Media Innovators is designed to assist media leaders to better understand, adapt to and address this unprecedented period in journalism and media in Africa, and globally.
710 leaders from media, business, technology, and government
Recent convenings have examined topics such as:
- Developing business strategies for the new African media landscape
- The power of data
- Harnessing new digital technologies to sustain and drive successful media companies
- Media infrastructure and enabling regulatory environment
- Capitalizing on the globalization of the media
- Understanding artificial intelligence and augmented reporting
- Preventing misinformation and protecting journalistic integrity
- The impact of COVID-19 on the media industry in Africa and globally
Invited guests include media executives, cross-industry CEOs, public policy makers, technology founders, business innovators, investors and civil society leaders from around the world. Conferences have been held in South Africa, Kenya, Ghana, Zambia and Senegal.
The Africa Business Media Innovators is hosted by Bloomberg Media CEO Justin Smith, Bloomberg News Co-founder and Editor-in-Chief, Emeritus, Matthew Winker, and BMIA Director, Erana Stennett.
- Launch of ABMI in Johannesburg, South Africa in 2015
- Five convenings held in South Africa, Kenya, Ghana, Zambia, Senegal
- 710 leaders from Media, Business, Technology, Government attend
- 61 countries represented
- Honorable Nana Akufo-Addo, President of Ghana addresses the audience in Accra in 2018
- Senegal Minister of State, Honorable Mahammed Boun Abdallah Dionne addresses audience in Dakar in 2019
- Due to the Coronavirus pandemic, ABMI held virtually in 2020. Dr. Akinwumi Adesina, President, African Development Bank, gives keynote address
Africa will build back faster by harnessing and better managing its natural resources, including minerals, metals, biodiversity, blue economy, forests, resources, agriculture or gas in order to boost domestic savings…More transparent governance must form a key component of financing Africa’s growth.
Dr. Akinwumi Adesina, President, African Development Bank
Covid-19 has helped us accelerate the movement from the hard copy to the digital platform…we are so excited of the movement in terms of technology…the pace was very slow in Ghana, COVID-19 helped us to move to digital paid subscriptions.…
Dr. Edith Dankwa, CEO, Business and Financial Times Limited
It is the most dynamic I have seen the media business…as hard as this year has been, it has been one of the most dynamic, challenging in a good way, stimulating and innovative time for our business and media as a whole….we are living in an era of change….
Almar Latour, CEO, Dow Jones and Company
Suddenly everyone has recognized how important it is to have reliable information in a crisis, particularly in an age in which we’re seeing so much misinformation that can actually cost people their lives if they if they get the wrong information.
Heba Aly, Director, The New Humanitarian
The pandemic has fast-tracked technological innovation, which will be a key driver of South Africa’s and the continent’s economic recovery. As Africans we have to begin to look into being able to the use the African Continental Free Trade Agreement to become innovative, to invest into developing our own technology and trade among ourselves.
Honorable Pinky Kekana, Deputy Minister of Communications, South Africa
Interesting findings (in the ABMI 20 Innovator Chats report) that are inspiring us to do follow-up stories for our audiences. Thanks for sharing.
Christian Amoadu Ohen, Editor, Adom FM
COVID 19 has been apt testimony to the old adage of ‘let no crisis go to waste’ taking advantage of opportunities as they presented themselves as advertising budgets had shrunk, rendering bigger, legacy media organizations less viable propositions for advertisers, creating space for media start-ups to exploit.
Bilal Randeree, Program Director for Africa and MENA, Media Development Investment Fund
We have an obligation to ensure that truth prevails and that we have responsible journalism, because all these falsehoods actually a danger to society.
Pamella Sittoni, Executive Editor, Nation Media Group
I’m optimistic about the fact that (the media) was declared an essential service. And we’ve seen that people turn to us for quality, trusted information in this time and we’ve managed to hold on to a lot of those readers.
Styli Charalambous, Publisher and CEO, The Daily Maverick
The forum was great, the topics relevant and current. It gave me a lot of hope for the future.