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Netflix Upgrades the Ante in Africa

Provided by Dow Jones By Alexandra Wexler On stage in a marine park stadium, a director yells Action! and the cameras roll as a young woman in a turquoise wetsuit starts to dance and a sea lion leaps from a cobalt-blue tank and twirls in front of her. It is one of the final scenes being filmed for JIVA!, a Netflix Inc. original series about a talented dancer who realizes her moves could be her ticket out of a working-class neighborhood in coastal Durban, South Africa. It is one of a raft of new series the global streaming giant hopes will score millions of new subscribers across the world s youngest and fastest-growing continent.

Netflix Ups the Ante in Africa

Netflix Ups the Ante in Africa Streaming giant invests in the continent, but challenges include piracy, slow internet, poverty Netflix premiered its first original African series this year, a spy drama called ‘Queen Sono.’ The series was later canceled, with the creator indicating pandemic-related issues. Photo: Chris Duys/Netflix By Dec. 22, 2020 8:00 am ET On stage in a marine park stadium, a director yells “Action!” and the cameras roll as a young woman in a turquoise wetsuit starts to dance and a sea lion leaps from a cobalt-blue tank and twirls in front of her. It is one of the final scenes being filmed for “JIVA!,” a Netflix Inc. original series about a talented dancer who realizes her moves could be her ticket out of a working-class neighborhood in coastal Durban, South Africa. It is one of a raft of new series the global streaming giant hopes will score millions of new subscribers across the world’s youngest

Strive Masiyiwa joins Netflix board

Strive Masiyiwa joins Netflix board Strive Masiyiwa. Craig Warga/Bloomberg Netflix has appointed Zimbabwean telecommunications tycoon Strive Masiyiwa to its board, adding its first African director as it looks to new markets for future growth. Masiyiwa is the founder and executive chairman of Econet Global, a telecoms company that operates across Africa, Asia, Europe and Latin America. Econet offers phone, broadband and satellite services, and is also a major provider of mobile payments. Masiyiwa brings a fresh set of connections and experience as the first African and the third international media executive to join Netflix’s board in recent years. The streaming giant already has two directors from Europe, which has been its fastest growing region.

Netflix, Inc (NASDAQ:NFLX), Amazon com, Inc (NASDAQ:AMZN) - Netflix Makes Africa Push With Zimbabwean Billionaire s Appointment To Board

Share: Netflix Inc (NASDAQ: NFLX) is aiming to boost its presence in Africa with the appointment of Zimbabwean billionaire Strive Masiyiwa to its board. What Happened: Masiyiwa has become the first African to join Netflix’s board. The company also has two European directors. The newly-appointed executive has connections and experience in Africa as the founder and chairman of Econet Global, a company that offers telecommunications and mobile payments services, according to Bloomberg. In Africa, Netflix has a couple of million customers, even though the continent has a population of more than a billion, according to Digital TV Research. Netflix Chairman and Co-Chief Executive Officer Reed Hastings said in a statement that Masiyiwa s entrepreneurship and vision in building businesses across Africa and beyond will bring valuable insights and experience to our board as we work to improve and serve more members all around the world.”

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