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Media News South Africa

Biko investment in Africa Report

Biko Investments has taken a 30% equity stake in Africa Report, programme supplier to CNBC Europe, the international business channel. Africa Report is a weekly 30-minute programme that showcases the very best of African business on CNBC Europe at prime time.

Biko Investments shareholder Samora Biko says: "Africa Report is not only a powerful media vehicle, but addresses the very struggle that South Africa now faces - global recognition as a valuable trading partner."

Africa Report challenges the one-dimensional perception of Africa and reveals the reality of doing business on the continent, focusing on investment opportunities and success stories, the press statement claimed. From the end of June it will include a weekly segment 'South Africa Opportunities' that will guide global investors to business opportunities in South Africa.

"We can now reach over a million of the top 20% earners in Europe - in their living rooms," states Biko. "But equally important, the programme is widely aired on local channels and networks throughout Africa, allowing us to see the very best of Africa reflected back to us."

The announcement of Biko Investments coincides with the launch of a segment dedicated to South Africa. South African Opportunities promises to be an exciting opportunity for both local and global brands to make an impact on an international audience. This segment will go to air on 11 June.

Additional details available on the website www.saopportunities.com.

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