Top 5 News and Magazines Apps Performance in Africa Q2 2023

In Q2 2023, the top 5 News and Magazines applications on a unified platform in Africa showcased notable trends in weekly downloads, revenue, and active users. Here’s a detailed look at their performance:

News24: Trusted News. First experienced a steady climb in weekly revenue, peaking at around $13.6K in early May. Weekly downloads showed a gradual decline, starting at 2.4K in late March and dropping to just over 1K by the end of June. Weekly active users fluctuated, with a high of approximately 130K in early April and ending the quarter at around 113K.

Netwerk24 – Alles op een plek! saw a consistent rise in weekly revenue, reaching close to $10.8K in early June. Weekly downloads also exhibited a downward trend, beginning at 955 in late March and falling to 464 by the end of June.

Bloomberg: Finance Market News reported a peak in weekly revenue of approximately $5.4K in mid-April. Weekly downloads were relatively stable with minor fluctuations, starting at 2.6K in late March and slightly decreasing to 1.6K by the end of June. Active users showed a slight decline from 11.4K in late March to around 9.8K by the end of the quarter.

Magzter: Magazines, Newspapers experienced varied weekly revenue, peaking at roughly $2.9K in late March. Weekly downloads decreased from 377 in late March to 134 by the end of June. The app maintained a stable number of active users, ending the quarter with approximately 2K users.

Lastly, Medium showed consistent weekly revenue, with a peak of about $1.8K in late April. Weekly downloads started strong at 4.5K in late March and remained relatively stable, closing the quarter at around 3.8K. Active users also remained steady, fluctuating slightly but staying around the 19K mark.

These insights are based on data from Sensor Tower. For more detailed analytics, visit the Sensor Tower platform.