Vivendi SE’s Canal+ is set to significantly bolster its presence in Africa by doubling its stake in the Mauritian digital Pay-TV company, MC Vision. The French media giant plans to increase its ownership from 37% to 75%, positioning itself as the majority shareholder in the rapidly growing market. This strategic move is part of Canal+’s broader efforts to expand its footprint across the African continent, where the demand for digital television services is on the rise.
The acquisition, pending regulatory approvals, was disclosed in a joint statement by both companies, which was published in the Mauritian newspapers Le Dimanche and L’Hebdo. By taking a controlling interest in MC Vision, Canal+ aims to leverage its extensive content library and technological expertise to enhance the Pay-TV offerings in Mauritius and beyond. This move underscores Canal+’s commitment to investing in the African market, aligning with its long-term growth strategy on the continent.
