Offer: Leading African Media Organization Announces $1 Million Fund for News Innovation
The African Media Initiative (AMI), the continent's largest association of media owners and operators, has announced a $1 million fund to spur innovation in the news industry.
The new African News Innovation Challenge (ANIC) is designed to encourage experimentation in digital technologies and support the best innovations that strengthen African news organizations.
AMI chief executive Amadou Mahtar Ba first announced the fund at the 4th African Media Leaders Forum in Tunisia on November 10. This week, Ba confirmed that Omidyar Network, Google, the John S. and James L. Knight Foundation, Konrad-Adenauer-Stiftung, and the U.S. Department of State have all pledged either funding or technical support for the initiative.
The World Association of Newspapers and News Publishers has also committed expert business mentorship and marketing support for ANIC winners.
“Traditional media are still growing in Africa, but media organizations know that they need to go digital and mobile to prepare for the future. Many, however, don’t have the resources to experiment or take risks, especially in this economic climate,” said Ba. “This competition is our way of saying: ‘We’re here to help. If you come up with an innovative idea to improve the African media landscape, we’ll help make it happen.’”
Winners in the annual contest will get seed grants ranging from $12,500 to a maximum of $100,000 for more ambitious projects. To build robust business models, the grantees will also receive technical advice and start-up support, as well as one-on-one mentoring from some of the world’s leading media experts.