Partnership to create Bloomberg TV Africa

The Bloomberg Media Group, a division Bloomberg L.P., announced Thursday a multi-year rolling partnership agreement with Nigeria-based content provider, Optima Media Group, that will create a new entity – Bloomberg Television Africa.

Optima Media Group will produce three to four hours of business programming per day which will be available to African viewers across the continent via Bloomberg’s English-language EMEA feed. Optima Media Group will engage its existing content and distribution channels to supplement Bloomberg’s English-language international news and analysis across Africa.

“The agreement with Optima Media Group will dramatically accelerate Bloomberg Television’s presence and reach in Africa,” says Andy Lack, CEO of Bloomberg Media Group, in a statement.  “It is the latest component of our wider strategy to partner with leading providers in markets that have a compelling economic growth story. This has already seen us strike similar partnerships in India, Turkey, Mongolia and the Middle East. In doing so, we are able to provide viewers with the sharpest global business and financial insight as well as highly-localised and market specific content.”

Localized and international Bloomberg Television content will be packaged and distributed via satellite delivery and Internet Protocol Television (IPTV) as well as traditional terrestrial formats.  The partnership deal applies to all of Sub-Saharan Africa.

Content will be produced in Lagos, Johannesburg, London and Nairobi with dedicated presenters, reporters and producers based in each market.

An executive producer from Bloomberg will be appointed to work alongside Optima Media Group to assist in the production of the channel’s economic and business coverage