Ahead of the fourth annual African Excellence Awards hosted by the Middle East and Africa, MEA Markets, ForeMedia Group has been awarded Best Afrocentric Media Content Development Ecosystem 2021.
Awards Executive at MEA Markets, Kaven Oscar Cooper, conveyed the outcome of a continent-wide survey in an e-mail to the Founder/CEO of the company, Hareter B. Oralusi who described the feat as a challenge to improve on the current milestone.
The content and entertainment provider, operating in Nigeria and the United Kingdom, has concluded plans to build the first digital ecosystem platform for creatives in the sub-Saharan Africa.
Known for delivering Afro-centric media and entertainment contents across the globe, the company aims to support sustainable creative initiatives in sub-Saharan Africa by empowering content creators to learn, produce, distribute and monetise their works.
The company, according to Timilehin Suara, its spokesman, will introduce to participants elements that include new media, marketplace services and products, content production, distribution and marketing, video streaming and advertising that would enhance their works.
Riding on the waves of Rapid Annual Growth, the rganisers disclosed that data from PwC’s Entertainment and Media Outlook from 2017 to 2021 projects that Nigeria will enjoy a rapid yearly growth of 12.1 per cent, making it the fastest-growing media and entertainment market in the world.
Suara noted that due to the lack of platforms around the world to cater for the African audiences, there is an urgent need for a dynamic, high capacity omni-media platform, which is what ForeMedia Group is out to fill.
