Friday, June 29, 2012

East Africa: Booming economies, a market worth $1 billion, attracts global ad agencies

(Reuters) - The arrival of global advertising agencies has raised the stakes in east Africa's US$1 billion market, with new players hoping to wrestle a piece of the action from the Kenyan company Scangroup, the regional leader.

French-based Havas Media International and South African media group Carat, a unit of Aegis Media, are also angling for a piece of the action in a sector fuelled by a fast-growing middle class in Kenya, (the largest economy in east Africa).

Kenya's advertising

More details here...

No comments:

Post a Comment