MOST POPULAR

News

China investing millions in Africa’s digital switchover

The China Africa Development Fund and China Development Bank have committed to invest large sums of money in the digitalisation of TV in African countries.

Chinese news source ChinaDaily quotes Chi Jianxin, president of the China Africa Development Fund, as saying at a seminar organised by Beijing-based private media group StarTimes that the development fund has already invested US$ 100mn since 2007, and has earmarked a further US$ 50mn for the project.

China Development Bank meanwhile has offered a whopping US$ 400mn in loans for Africa’s digital switchover initiatives, and may double this figure in the near future, according to the report.

StarTimes operates digital TV services (delivered via DTH) across Africa, serving more than 1.4mn homes in 13 African countries with around 140 channels, and its chairman Pang XinXing has indicated that he wants to make the company into Africa’s most influential digital TV operator.

Via ChinaDaily

We welcome reader discussion and request that you please comment using an authentic name. Comments will appear on the live site as soon as they are approved by the moderator (within 24 hours). Spam, promotional and derogatory comments will not be approved

Post your comment

Facebook, Instagram and Sky case study: Game of Thrones

BT at IBC: 'unlocking the power of fibre IPTV'

IP&TV News tries out 4G Broadcast at the FA Cup Final

Thomas Riedl: “Google TV has evolved into Android TV”

Tesco and blinkbox: what went wrong?

Reed Hastings and 2030: is he right?

Loading IPTV Tweets ...

INTERVIEWS