Successful first half-year for Ringier Africa
Three years ago, Ringier launched its business operations in Africa. Switzerland’s largest international media company was already able to quadruple its revenue there in the first half of 2014 compared to the entire previous year.
The strong revenue growth in the first six months of this year resulted from a professional scaling of existing products, as well as the acquisition of well-known global corporations as media and advertising partners, the company writes. Julian Artopé, Director Ringier Africa: "In particular, the adjustment of our content and classified products in West Africa, and the expansion of our number 1 position in the eCommerce business in Kenya have contributed to this success."
Today, Ringier is active in the four African states of Kenya, Ghana, Nigeria and Senegal. Three of these are among the most attractive growth markets for large American and European companies. The absolute leader in the corresponding sentiment index (as of June 2014 of the "Frontier Markets Sentiment Index," which is compiled exclusively for the Wall Street Journal) is Nigeria. With its fastest-growing economy, the former problem child of West Africa is attracting the interest of foreign investors.
Five of Ringier's eight platforms in Africa are already market leaders, according to the statement. With Rupu, the largest online store in East Africa has been successfully established in Kenya. The site is based on the model of the DeinDeal sales platform in Switzerland. The same model was successfully applied with Tisu in Ghana, where the platform is also the market leader. In Nigeria, the entertainment news platform Pulse, modeled on the Swiss news platform Blick.ch, is growing and now reaches more than four million page views per month. Allsports in Ghana is also now the number one sports portal with 2.5 million monthly pageviews. At the beginning of the year, Ringier acquired a majority stake in Expat-Dakar, Senegal's largest classified marketplace.



