BUSINESS STRATEGY

Spanish-based agency acquires leading African comms consultancy​

By our News Team | 2021

Africa Communications Media Group sells majority stake to Marco, which has a strong presence in North Africa.

Africa Communications Media Group (ACG), a leading communications consultancy operating in sub-Saharan Africa, has sold a majority stake of its business to Marco, a Spanish-based agency that has operated extensively in the Maghreb region.

Marco is expanding its communication capabilities across the African continent and ACG will be a part of that strategy.

ACG was founded by current CEO Mimi Kalinda, who hails from the Democratic Republic of Congo and Rwanda, but has headquartered the business in Johannesburg. 

The consultancy additional offices in Abidjan (Ivory Coast) and Nairobi (Kenya), as well as long-standing partners in Kigali (Rwanda), Harare (Zimbabwe) and Lagos (Nigeria). ACG clients have included the Bill & Melinda Gates Foundation, Mercedes Benz, Bloomberg and Ethiopian Airlines.

Business strategy

Image by Truthseeker08 from Pixabay

Marco’s African base is in Casablanca

Marco has its African leadership base in Casablanca, Morocco, from where it has supported client communication needs in the Middle East and North Africa. In addition, Marco services well over 100 clients from its now 16 offices owned globally.

According to a joint statement by the two companies, Marco strongly believes that Africa is a continent on the move with a rich tapestry of cultures, languages and economies. The acquisition facilitates greater expansion to provide communications support to clients across the African continent.

“The top five economies in sub-Saharan Africa with the highest GDP – Nigeria ($514 bn), South Africa ($330 bn). Kenya ($106 bn), Ethiopia ($100 bn) and Ghana ($74 bn) – offer huge potential for expansion within the communications sector,” the statement says.

“Africa is often associated with mineral or fossil fuel production, but new sectors are rapidly emerging. Media and marketing communications were valued at over US10-billion in 2019. The tourism sector is also set to blossom with projections of 34.8% growth in 2022 that will fuel a strong demand to promote African countries – such as Ghana, Kenya, Tanzania and Mozambique – as top tourist destinations.”

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    Dr Kin Kariisa

    Group CEO - Next Media

    Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
    With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
    Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.

    Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.

    Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.

    • Other current and previous roles played by Dr Kin Kariisa:
    • Lecturer of e-Government and Information Security to graduate students at Makerere University, Kampala and Radbond University in the Netherlands
    • Director of Eco Bank Uganda Limited, one of the largest banks in Africa
    • Chairman of the National Association of Broadcasters, an umbrella industry association for all Television, Radio and online broadcasters in Uganda.
    • Chairman of Board of Directors of Nile Hotel International, that owns the leading hotel in Uganda, Kampala Serena Hotel.
    • Chairman of Board of Directors of Soliton Telmec Uganda, the leading telecom company in Optic fibre business managing over 80% of optic fibre in Uganda.