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Nigeria, Strategic Market for Kwese TV in Africa- Hundah

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Joseph Hundah, president and CEO at Econet Media. A seasoned media and finance executive with over 20 years experience, both on the continent and the globe, Hundah is currently leading the African born but international entertainment group. His previous roles include Executive Vice President: Africa for Modern Times Group as well as Managing Director of Multichoice, Nigeria; Operations Director for M-Net, Sub-Saharan Africa, and Chief Financial officer for M-Net and Super Sport International Holdings Limited and General Manager Finance at the South African Broadcasting Corporation. 

Through his leadership and experience, the organizations that he has worked with have experienced unprecedented levels of growth and expansion including entrance into new markets. In an Interview with journalists at the launch of Kwese TV in Lagos recently, he spoke on how strategic Nigeria is to the growth of the Station. Ugo Onwuaso was there for Nigeria CommunicationsWeek. Excerpts.

 

Hundah’s View of African’s, in Terms of like for Pay TV

Well, pay TV in Africa versus the rest of the world ,actually is very much beneficial ,for example if you look at what we call TV household, that is, a household that has a TV in it, the penetration is less than 20%,which is much lower than the rest of the world, so there is very much an opportunity to continue to grow pay TV, but what is also important to understand is that the consumer habits of watching Television are changing, more people are watching content on mobile phones, on laptops, on iPads etc, and we really try to build a business that is suitable also for watching contents even on the mobile phone, so our thrust is really not only to have presence in traditional media platforms but also to look at the new digital media platforms as well for our content.

 

Based On This, What Can You Say Motivated The Kwese TV To Launch At This Time?

First of all, we saw a gap in the market, we’ve seen that pay TV industry is still growing but more than that, we really pride ourselves on being on innovation and doing things that has not been done before on the continent, for example, that is why we introduced flexible billing on our platforms, the ability to pay three, seven days, its completely innovative, it’s only been tried by one platform in India, no one else has tried it in the world, so we thought why not try this in Africa, it makes sense, after all we sale rice in cups, we sale water in small packs, this is the way economy in Africa is been built over a period of time, so why not do the same in entertainment, let’s give entertainments in small batches but over and above that we’re really trying to build a strong business around mobile, because you know, there are more than 300 million smart phones in Africa, its higher than the US and they expect that those numbers are going to triple over the next 5 years, by 2022 it should be almost 900 million smart phones, the smart phones are getting cheaper, they are getting better quality and most of the population in Africa are actually very young, you know the average population in Nigeria is properly under 20, so you can imagine these young kids are not watching content on television any more, they are watching content on phones, they are on social media. So we have to build a business that is geared towards that.

 

Having Launched In Nigeria, How Many Countries Are You In Africa And What Is Your Expansion Plan?

Well, on pay TV side, we’ve launched in 14 countries, we started at the beginning of August, we actually launched yesterday also in Uganda and we have plans to launch in Tanzania as well, in Ethiopia, in Namibia, in south Sudan and Swaziland those are countries that are left for us but on our free to air platform, we are in 25 countries , in English and French speaking countries, you know, for the first time consumers are getting premium sports for free, which is really what we want to build, we want to build sports, not just soccer but full sports in general because we have such a young continents, these kids needs to keep themselves occupied, we need them to be involved in sports and stay healthy, the kids are becoming fat.

 

In These 25 Countries, How Important Is Nigeria?

It’s critical, absolutely critical. It’s a critical market for us, not only because of the population size but the economy is strong and it properly takes like 2 or 3 east African countries to make a population of Nigeria, so Nigeria is really really important market for us.

 

What Are You Putting  In  For Nigerian Consumers?  

Nigerian consumers are special in the sense that you got a very thriving media business here, remember that your movie industry is the second biggest in the world, so for us it’s important to have as much local content as possible in our platform and we are going to continue to build this specifically for this market because in Nigeria alone you can really create sufficient content to satisfy the Nigerian market alone, but nice thing about Nigeria as well, is even when you create content for Nigeria , it normally travels very well. So the Nigerian movies and contents are very popular elsewhere in Africa, even in DRC, South Africa, in Kenya, in music, in movies. So it’s quite a nice market for creating contents.

 

What’s Kwese Doing As Regards Developing Young Entrepreneurs?

We have 600 dealers and retailers around Nigeria, most of these people are young, most of our installers are young people, all they do is that they get our installation app and they go and do installations and keep themselves busy, you know it takes about 2 to 3 hours to do one installation, so we are really trying to build that network and this is just the beginning and that network is going to grow, so we really really trying to encourage more and more installer to come on board but we are also encouraging people that are in the production industry, in terms of creating content for our platform, for all our different markets, not just in Nigeria but across Africa.

 

When You Said Growth, Are You Talking About Growth In Million, That Is, The Entrepreneurs You Are Trying To Grow?

It will be hard to build millions of entrepreneurs but certainly thousands of entrepreneurs, the more installers we have in the market, it will be easier for our customers to get access to the products, so it’s important that in every part of Nigeria, right from the corner of Maiduguri to Sokoto, that we have installers that are available to install our products.

 

On The Satellite Connectivity Are You Running On KU Band or C Band?

No, we’re running on KU and C band in different part of the continent and we are in rotors satellite, so the reception should be very good, we have taken precaution to try and reduce rain fade but it’s impossible to get rain fade over unfortunately but what you can do is minimize it and we’ve taken steps to minimize it, it’s a strong satellite signals and right equipments to receive those signals.

 

How Do You Intend To Manage Competition?

Look, Competition is good in the industry because at the end of the day the consumers benefits from competition, price is come down, more variety, so we are really encouraged by competition, what is important for us though is to focus on our own business, what is our own strategy, what is our own plans, how do we intend to rollout the business across Africa, you know, if you manage your own business and if you are sure of your own strategy, you don’t just worry about competition, you know, competition takes care of itself, so we are very happy with the content line that we put out, we’ve worked really hard to get premium contents on our platform, as you saw so many channel that are on our platform are new to Africa completely, so there is scope out there to do business, it’s about creating differentiations , about customer service and about delivery to your customers.

 

Kwese TV, Five Years From Now

Our ambition is to be number one media business in Africa, across the board. And I think we are on our way to do that, we are already the biggest free to air TV station within two and half years, so it’s just a question of giving us time and we will be number one.

 

When Will Kwese Tv Go Into Original Production?

We already have some original productions created around some of the sports rights, for example, Sound Sultan will be doing our basketball show in the mornings, so there is a lot more of that going on.

 

Stand Out Content In Store    

We have, like some of the channels that we have in our platform are new to the market, for example Dream works, Toonami which is Carton Super heroes and we’ve got so many news channels that has never been seen in Africa before, so we have quite nice array of contents that is completely exclusive on our platform

 

Kwese Sports’ Leverage

Sports is really really important on our platform and so far the first biggest investment we made was in sports because when sports rights became available we were able to get them and the nice thing about sports is that, most big sports tournaments are well known, it just gives you good brand recognition and good expansion of your brand but ultimately we know that your offering must be well rounded, you got to take care of kids, you got to take care of women and household as well, it can’t just be all about sports.

 

Positioning For EPL Right   

Right now we have a relationship with them already because we bought their free-to-air right which we are showcasing on Kwese free to air sports, so the issue is that when the right come up, when opportunity is given to everybody to bid for the right, we will bid for it. There is never a guarantee that you will win the bids you know, like we saw a couple of years ago HiTV came in they won the rights and then DStv won the rights back again, you can never know, it’s always up to who pays the most unfortunately with it, it’s completely a very transparent process and all we need is a fair chance to be able to put in our bid as well.

 

Women and Children Centered Quality Premium Content

Absolutely, in our children’s offering alone we have two exclusive channels Dream world and Toonami and over and above that we have other channels, we have pop, we have boomerang, we have carton network and we have Kwese kids a channel dedicated towards kids, for women we have the E channels coming up soon, we have fox channels that are coming up, we have telenovelas in, Zee bollynova, we have passion, so we have a lot of contents built for women and we have our own branded channels like Kwese prime are targeting women specifically in movies.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Climate Action Africa Opens Applications for CAAF24 Deal Room

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Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.

The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.

The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.

The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.

The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.

“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”

The eligibility criteria for applying include:

●     The company must be African-owned and operate in any of the 54 African countries.

●     It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).

●     The company should leverage digital technology to deliver its business model.

●     Female ownership is an added advantage.

 Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.

Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.

The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.

Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.


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LCCI Urges FG to Simplify Trade Procedures to Boost Economy

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The Lagos Chamber of Commerce and Industry (LCCI) has said that the government needs to simplify and harmonize trade procedures and address bottlenecks in order to boost economic growth in the country.

President of LCCI, Mr. Gabriel Idahosa, gave the charge at a Quarterly media briefing on the State of the Economy yesterday in Lagos.

He said that the government has to create an atmosphere that promotes export growth and competitiveness, which is projected to boost export earnings, raise domestic revenue, improve citizens’ welfare, and increase business productivity.

“We recommend that reforms must include simplifying and harmonizing trade procedures as well as addressing bottlenecks such as port logistics, congestion, and transportation costs. This is expected to position the country as the commercial centre of the region and a springboard into regional value chains,” he stated.

On managing the persistent high inflation, the LCCI president said both monetary and fiscal authorities should focus on the factors driving the inflation rates by tackling the supply-side deficiencies instead of focusing too much attention on the demand-side management.

“We urge the Central Bank of Nigeria (CBN) to continue with its foreign exchange (forex) market reforms with intense discipline, as the high exchange rate against the naira is a major driver of the skyrocketing inflation rates.”

Idahosa acknowledged the improvement in the naira exchange rate in the last few days, moving towards the level of N1000 per dollar or lower.

“CBN needs to sustain its policy and regulatory reforms in the FX market, adopt policies that would attract more FX inflow into the economy as well as build market confidence in the performance of the FX market,” he added.

 


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Dufil Takes Donation of Indomie Noodles Cartons to Vulnerable Communities in Abuja and Environ

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In line with its commitment to provide critical support to indigent members of communities around the country in the face of the ongoing economic challenges, Dufil Prima Foods Limited, makers of Indomie Instant Noodles, in partnership with Golan Helps Abuja Food Bank Initiative (GHAFBI) and Meluibe Foundation on Wednesday, April 17 distributed Indomie noodles cartons to vulnerable communities in Kuje and Kubwa Local Government Areas in Abuja.

With the goal of alleviating hunger and supporting communities across Nigeria, Indomie Instant Noodles has committed to donating a substantial quantity of noodle packs to various NGOs working tirelessly to address food insecurity.

These organizations play a crucial role in reaching remote and underserved areas, ensuring that nutritious meals reach those who need them most.

“We are deeply committed to making a positive impact in the communities where we operate,” said Olusola Olayinka Idowu OON, former Permanent Secretary, Budget and National Planning, and the CEO/Founder of GHAFBI.

“At GHAFBI, we believe that everyone deserves access to wholesome and nourishing food. Our partnership with Dufil Prima Foods to donate Indomie Noodles packs is a big step towards addressing food insecurity and supporting vulnerable communities in Abuja”, said Idowu who was also the former National Conveyor, UN Food System Dialogues in Nigeria.

Speaking in the same vein, Obialunanma Nnaobi-Ayodele, Executive Director, The Meluibe Empowerment Foundation, expressed her gratitude to Indomie Noodles for the partnership. “Our vision as an NGO is to change the world one step at a time, by providing relief and support to vulnerable communities.

This is achieved through collaborations and partnerships, one of which is what we have done with Indomie Noodles. We remain grateful for their support through this food relief initiative”, she said.

By partnering with NGOs, Indomie Instant Noodles works closely with local leaders and community heads in directly engaging with rural communities to distribute noodle packs and provide immediate relief to families facing hunger and ensuring that food assistance reaches those who are most in need, especially in hard-to-reach areas.

“We are grateful for the opportunity to collaborate with NGOs and community leaders to make a meaningful difference in the lives of people facing food insecurity”, said Temitope Ashiwaju, Group Corporate Communications and Events Manager, Dufil Prima Foods Limited. “Together, we bring hope, love and relief for all”.

The community leaders and some of the beneficiaries also expressed their immense gratitude to Indomie for the support, stressing the impact the products donated will have in alleviating hunger in their communities.

Speaking at the outreach centre, His Royal Highness, Muhammed D. Jibril, Community Leader of Gbazango Community in Kubwa Local Government Area said: “I am very grateful to Indomie Noodles for coming to our aid in these challenging times. I pray for more expansion and growth for the business and may God bless Indomie Noodles”.

Other communities who benefited from the product donations include Wunmi, Tondo, Godoji and Shazhi communities in Kuje Area Council of Abuja.

Dufil Prima Food’s donation of Indomie Noodle packs underscores its commitment to corporate social responsibility and its dedication to supporting communities in need. By providing essential food relief, Dufil Prima Foods is contributing to the well-being and resilience of vulnerable populations in Nigeria.

Indomie Instant Noodles remains dedicated to bringing joy to mealtimes and making a positive impact in communities around the world.


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