As part of its desire to focus on telling inspiring African stories, Umeh Group has made new inroad into West Africa countries and other parts of Africa through its media group.
UMEH Group, a multi-national conglomerate based in South Africa, has an interest in Real Estate, Finance and Blockchain Tech. The flagship company of the group, UMEH Group Limited, is headquartered in Johannesburg.
Group also invests, empowers, and grows companies in media production, publishing, financial management, consulting, investment, technology and broadcasting-enabled organisations led by world-class management team. As a value-added investor through its subsidiaries with a long-term perspective, UMEH contributes professional expertise and multi-level support towards companies to realise their full potentials.
A sizable long-term capital base anchors UMEH’s investment approach, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity.
UMEH Media includes Affluent TV, Affluent Africa, Star Magazine, Daily Africa, FX magazine, MLM Magazine, DJ Mag Africa, Crypto Magazine, PlusSize magazine.
Xolane Ndhlovu, a South African-born to Nigerian parents, founded the holding management firm and turned it into one of the most prominent privately owned tech asset management companies in South Africa.
COO of UMEH Media, Davin Chetty, and editor of one of media arms of UMEH Media, Daily Afrika, Collins Hinamundi, in an interview, gave reasons why Ndhlovu is expanding the media arms.
They said, “Africa is enjoying massive growth. West Africa is one of the fastest growing regions in Africa. We want to be there as the region rises, and tell these and more stories. We want take part and also influence the conversations that take Africa forward.”
On plans to establish a Nigerian office, Hinamundi said, “A Nigeria office would ensure that we are on ground in a key regional influencer, and are able to grow as an organisation in the region. Nigeria especially is a power player on the continent and we are enthusiastic to coordinate our operations from Abuja and Lagos.”
The media top managers said Affluent was set to become UMEH Media biggest media venture with Affluent TV being on the pipeline.
Xolane Ndhlovu, according to a company spokesperson, “He is one of the humblest people you’ll ever meet. He is an incredibly curious person. He is also enormously generous and strong-willed.”
Ndhlovu manages the company’s investment strategies. The company is currently a multi-million rand empire. Born to John Umeh and Suzan Ndhlovu, Xolane Ndhlovu is a philanthropist and businessman from Mpumalanga, South Africa. He is a graduate of Georgia Institute of Technology, where he received an MBA.
