EXCLUSIVE Q&A: Why We Bought Capital Radio—Next Media’s Kin Kariisa on Building Africa’s Largest Indigenous Media Group and Why the Future Belongs to Ecosystems

The most consequential of those moves has been the acquisition of 100% of Capital Radio 2015 Limited, the company that operates Capital 91.3 FM, Beat FM and KIIS 100.9 FM. Next Media acquired approximately 70.01% of the company, while Kariisa personally acquired the remaining 29.99%. Given that Kariisa also owns 99.9% of Next Media, the transaction effectively places the Capital Radio business…