Continental Outdoor Media has changed its name to JCDecaux following the acquisition of its interests by JCDecaux SA of Paris, France.
Founded more than 50 years ago and a pioneer in outdoor advertising in Africa, Continental Outdoor was acquired on June, 18, 2015 by JCDecaux SA in partnership with Royal Bafokeng Holdings with a shareholding split of 70 and 30 percent respectively.
The company has now completed its integration process having finalised all statutory requirements and will officially be known as JCDecaux in each of the countries it operates.
It has more than 37, 000 advertising panels and a presence in 14 countries in sub-Saharan Africa, including in Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Tanzania, Uganda, Zambia, and Zimbabwe.
JCDecaux has now added its existing footprint in Cameroon and Algeria to the list.
JCDecaux Malawi general manager, Khwesi Msusa, said Malawi will benefit from global support and sharing of ideas and strategies from the JCDecaux business around the world.
“This will benefit our growth and assist us to transform the outdoor advertising landscape in the country and take it forward,” said Msusa.