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  • Big news in the African development space this week. Following the news that Ushahidi scored new funding, the African blogosphere aggregator tool Afrigator has announced that they’ve been acquired by MIH Print Africa!

    The leak:

    Moments ago Bandwidth Blog got the scoop in the latest South African internet acquisition. MIH Print Africa have acquired a majority stake in African blog aggregator Afrigator. This will be huge for the local startup as MIH Africa has investments all over Africa which will help Afrigator reach a larger audience in the African continent. The acquisition also means funding to market and further develop the Afrigator platform. With large internet audiences in SA, Kenya, Egypt and Nigeria Afrigator is in a great position to gain critical mass by combining the audience (bloggers, readers) in these countries. MIH Africa’s objective is to build audiences and communities in Africa and with Afrigator’s platform they can launch into the emerging market to quickly gain market share and also leverage Afrigators existing base.

    The official Afrigator statement:

    We’ve been holding off on the big news but we can finally confirm today that MIH Print Africa (Pty) Ltd, a subsidiary of Naspers Limited, has secured a majority stake in Afrigator Internet (Pty) Ltd.

    We could not have chosen a better partner in MIH Print Africa as their strategy for Africa aligns perfectly with ours and is an important development for the social media space across our continent - validating the importance of blogging and social media in Africa.

    The unofficial statement:

    Oh my God, I’m so excited I wish I could wet my pants.

    Afrigator

    [Map]
    URL - http://afrigator.com
    Email - dudes@afrigator.com

    Afrigator is a social media aggregator and directory built especially for African digital citizens who publish and consume content on the web. It attempts to use social media tools and technologies to showcase the best digital content that the African continent has to offer, ranging from syndicated news feeds to blog posts, podcasts, videos and [...]

    Information Provided by the Afridex


    About the Author: Jonathan Gosier (Founder) is an American-born software developer, writer and social entrepreneur. He currently lives in Kampala, Uganda where he is working on two fronts: to encourage western businesses and investors to engage African entrepreneurs and to encourage the adoption of computers, programming and use of the internet in the developing regions of Africa. He is a huge advocate for promoting the ways in which a semantic web will benefit emerging economies in the world.


    Categories: Industry News, Startups, Web ~ Trackback