Michael Bloomberg Funds African Media Initiative

BloombergC40JohannesburgIt’s called The Bloomberg Media Initiative Africa. It’s set to run at least three years and, per a report by SouthAfrica.info, the intent of the $10 million program is to underwrite financial journalism across the continent and advance transparency, accountability and governance within that discpline.

Michael Bloomberg announced the initiative Monday in Johannesburg at the C40 Cities Committee annual conference:

The initiative will provide cross-disciplinary education programs and mid-career fellowships to increase the number of highly trained business and financial journalists, convene pan-African forums to examine worldwide media best practices and support research to stimulate media innovations.

As part of this program, Bloomberg’s foundation will be partnering with a number of J-schools and business studies programs: the University of Nairobi’s School of Journalism and Mass Communications and the Strathmore Business School in Kenya; the University of Lagos’s Department of Mass Communications; the Pan Atlantic University’s Lagos Business School in Nigeria; Rhodes University’s School...

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