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CNBC & Reuters in strategic partnership to cover Africa

By staff Reporter

Johannesburg, 19 September 2014CNBC Africa, the leading business news channel on the African continent, today announced the start of a strategic partnership with Thomson Reuters thatwillfacilitate growth throughout the African continent.Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, has partnered with CNBC Africa toprovide the broadcaster’s various platforms acrossthe continent with the latest financial data and analytical tools.The partnership joins two of the most powerful news and information brands to supply cutting edge news and financial analysis to the African market. Thomson Reuters has 196 people on the African continent spread across the following countries: South Africa, Kenya, Nigeria, Mauritius, Senegal, Cote d’Ivoire, and Ghana.

“Both Thomson Reuters and CNBC Africa have a strong presence in Africa, which makes this partnership even more important as Africa’s economic pulse has quickened and is growing at an incredible rate,” said Keith Nichols, Managing Director, Africa for Thomson Reuters. “We are proud to be associated with such a respected brand which is at the forefront of delivering quality, real time information and infusing the continent with market leading news that benefits business decision makers.”

Thomson Reuters financial products, Eikon and Elektron power the key financial markets in Africa and are empowering financial professionals all over the continent to make critical decisions and act with confidence in a complex world.

CNBC Africa, headquartered in Johannesburg, South Africa, is the continents’ leading business and financial news network, reaching audiences in over 48 countries across Africa. The broadcaster’s news channel is available in 90% of Sub Saharan Africa through DTH and Satellite TV operator, Multichoice Africa and DSTV.

CNBC Africa, which an estimated patronage of over 500,000 in South Africa alone,has bureaus in over 15 cities across Africa, including Lagos, Abuja, Port Harcourt, Johannesburg, Cape Town, Nairobi, Accra and Kigali. The TV channel is targeted at key decision makers ranging from chief executives, senior members of government, day traders, brokers, fund managers, entrepreneurs and private investors.

“CNBC Africa is synonymous with credible, real-time and actionable business content. This long term strategic alliance with Thomson Reuters in Africa enhances these values. This partnership along with the growth of our bureau network will enable the continuous improvement of our on-air product, both from the depth and breadth of our reporting as well as from the immediacy of dissemination. We look forward to a mutually beneficial partnership in the years ahead,” said Sid Wahi, Director at CNBC Africa.

-CNBC Africa


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