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CANAL+ Continues Expanding in Ethiopia

May 2 , 2020

CANAL+ Group, a French audiovisual media company and pay-TV operator, has expanded its services in Ethiopia by signing three more agreements with local media companies. The company has signed new agreements with Addis Media Network, a news channel broadcaster, Bisrat Radio, a sports and entertainment radio station and Ethio FM 107.8, a generalist radio station. The company, with more than 20 million subscribers worldwide, will be able to bring its content to future subscribers in Ethiopia. CANAL+ had previously signed agreements with EBC, FANA channels and Nolawi Film Production and the Ethiopian Film Producers Association. The company has a strong presence in regions with high growth potential in Asia and particularly in Africa, where it has 4.9 million subscribers. The company is owned by Vivendi, a global content and media group.

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HEFTY GREEN

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DAMP DENIMS

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PRICY PLEASURES

Vendors put traditional beauty products from the Somali Regional State for sale around Mexico area. In November of last year, the Ministry of Finance banned imported goods under 38 categories, including cosmetics, packed foods, and furniture, from accessing letters of credit. The move resulted in the tripling of costs for cosmetic items like lipstick and nail polish. As Ethiopia ran a 14 billion dollar merchandise trade deficit last year due to import bills hiking by 26pc , a tight clampdown on...

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