Top 5 News and Magazines Apps in Africa - Q1 2023

In the first quarter of 2023, the top 5 News and Magazines applications on a unified platform in Africa showed notable performance trends. Here’s a detailed look at their metrics, derived from Sensor Tower data.

News24: Trusted News. First experienced a steady increase in weekly revenue, peaking at approximately $13.7K in mid-January. Weekly downloads exhibited a significant rise, reaching around 6.7K in mid-January and maintaining an upward trend throughout the quarter, peaking at 3.7K in mid-March. Meanwhile, weekly active users saw fluctuations, starting at 150K and ending the quarter at about 128K.

Netwerk24 – Alles op een plek! showed consistent weekly revenue, peaking at about $9.8K in early January. Weekly downloads saw a gradual increase, reaching 1.4K in early March but slightly declining to 955 by the end of the quarter.

Bloomberg: Finance Market News demonstrated a steady revenue trend, peaking at approximately $5.2K in mid-February. Weekly downloads showed an upward trend, reaching 2.6K by the end of March. The app also saw a rise in weekly active users, starting at 9.6K and ending the quarter at around 11.4K.

Magzter: Magazines, Newspapers had a varied revenue performance, peaking at about $3.8K in late December but dipping to $1.5K in early March before recovering to $2.9K by the end of the quarter. Weekly downloads showed an increase, peaking at 726 in early March. Weekly active users remained relatively stable, starting at 2.3K and ending the quarter at approximately 2.2K.

Medium saw a consistent weekly revenue, peaking at about $2K in mid-March. Weekly downloads showed a significant rise, reaching 8.2K in early February. The app's weekly active users increased from 19.9K at the start of the quarter to about 21.1K by the end.

These insights, based on data from Sensor Tower, highlight the dynamic performance of top News and Magazines apps in Africa during Q1 2023. For more detailed insights, visit Sensor Tower.