The South Africa Media Innovation Program (SAMIP) was established in 2017 by Media Development Investment Fund as a multi-year initiative to accelerate digital innovation and sustainability among select independent media outlets in South Africa. The program has provided a mix of financing (grants/equity) and capacity building to a total of 24 independent media companies, non-profits and start-ups.
The program now seeks to expand this cohort to include a small number of new entrants from Botswana, Lesotho, Namibia, Zambia and Zimbabwe. To diversify, strengthen and support innovation among independent media initiatives in Southern African countries, through a mix of project funding, technical support, and capacity building over a three-year period.
Funding focus areas include:
MDIF provides affordable financing and technical assistance to independent news and information businesses in challenging environments, helping them to become financially sustainable. We invest in media that provide the news, information and debate that people need to build free, thriving societies.
MDIF has invested $240 million in 128 independent news businesses in 44 countries since 1996. Our dedicated team of highly skilled professionals help clients build financially viable businesses, while providing real financial and social returns to a wide range of impact investors. More than 120 million people around the world get their news from MDIF clients.