Experts Set To Strengthen Business, Financial Reporting Across Africa

Bloomberg Africa Business Media innovators forum is set to convene Africa leaders in Capetown, South Africa to participate in the Annual Africa Media innovators (ABMI) 2023 forum in a move to strengthen business and financial reporting across Africa.

The 2023 Media Innovators Forum will address business and financial reporting across Africa while promoting interactive dialogue to build strong diplomatic relations in areas of financial coverage and availability of reliable and timely data on the continent.

A cross section of Media groups, MDAs, government agencies, technology experts, and business community leaders from across Africa, will participate in Bloomberg Africa Business innovators forum in Cape Town, South Africa (ABMI) forum on October 30 – November 1. 

The event is co-hosted by M. Scott Havens, CEO, Bloomberg Media and Matthew Winkler, editor-in-chief Emeritus, Bloomberg News, and Erana Stennett, Corporate Philanthropy Middle East and Africa, Bloomberg. 

This year’s convening returns to South Africa, which was the inaugural host of ABMI in 2015, resuming in person for the first time since 2019. 

Leaders at this year’s convening will examine innovative business solutions re-shaping and contributing to the future of media and journalism both in Africa and globally. The gathering is to provide a unique, forward-looking platform for actionable dialogue and peer-learning as media leaders in Africa prepare for journalism in the digital age. 

Speaking on the ABMI convening forum, CEO, Bloomberg Media, M. Scott Havens said: “Against the backdrop of a fragmented global media landscape and challenges to business models at both a local and global level, this forum provides an opportunity for fresh approaches, ideas and solutions to building sustainable media business models in Africa and beyond.”

Also, editor-in-chief Emeritus, Bloomberg News, Matthew Winkler said: ‘ABMI comes at a time of growing optimism around Africa’s economic potential and aims to act as a platform for action to catalyse investment, growth, and development by contributing to the strengthening of business and financial reporting on the continent’.

According to him, “this year’s convening focuses on the opportunities and challenges shaping the future of media in Africa. Key themes to be explored include the impact of new technologies, AI, and the future shape of work in newsrooms, along with a focus on the sustainability of legacy media across the continent against the backdrop of increased global competition. There will also be analysis of the current state of the media landscape in Africa and globally.”

The annual event is a component of the Bloomberg Media Initiative Africa (BMIA), a pan-African programme launched by Michael R. Bloomberg in 2014. The initiative is designed to advance business journalism in Africa and accelerate development of a globally competitive media and financial reporting industry. 

The programme delivers cross-disciplinary educational programs and mid-career fellowships to increase the number of highly trained business and financial journalists, as well as supports research to stimulate new media innovations. It is also designed to convene leaders to promote interactive dialogue and build strong relationships to enhance the quality of financial coverage and the availability of reliable and timely data on the continent.

Earlier this month, Bloomberg expanded its executive education program in business and financial journalism, BMIA Financial Journalism Training (FJT), to Cote d’Ivoire and Senegal. Offering the program in French for the first time, more than 100 delegates joined the new training cohorts. This follows the successful implementation of the program in Ghana, Tanzania, Zambia, Nigeria, Kenya and South Africa. To date, the FJT program has reached 800 participants from 16 countries across the Continent