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Reading: Google And AIP Launch Major Support Fund For SA Independent News Publishers
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The Bulrushes > Business > Google And AIP Launch Major Support Fund For SA Independent News Publishers
Business

Google And AIP Launch Major Support Fund For SA Independent News Publishers

Staff Writer
Staff Writer
Published: November 26, 2024
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AIP and Google launch major South African local news support fund
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Johannesburg -The Association of Independent Publishers (AIP) and Google have partnered to establish the Digital News Transformation Fund (the DNT Fund), a first-of-its-kind initiative to support the sustainability and digital transformation of small, local, and independent news publishers in South Africa through targeted project-based funding.

The DNT Fund seeks to recognise the importance of local and independent news publishers in maintaining a vibrant, trusted, and diverse public interest news ecosystem, and to address the resource challenges that have impacted the ability of these publishers to plan for and embark on digital transformation initiatives.

With a commitment of R114 million over three years (R38 million a year), the DNT Fund will provide project-based funding to help small, local, and independent news publishers develop and strengthen their digital operations, improve their audience reach and engagement, and enhance the sustainability of their journalism.

Anetta Mangxaba, Chairperson of the Association of Independent Publishers, describes the DNT Fund as a crucial lifeline for independent journalism in South Africa.

“Local, independent publishers are essential to a healthy democracy, acting as watchdogs for their communities and amplifying the voices of grassroots citizens,” Mangxaba said.

“However, in today’s challenging landscape for public interest journalism, South Africa’s grassroots outlets face immense financial pressures and the challenges of the digital divide.

“We value this partnership between AIP and Google that aims to proactively address the unique needs of South Africa’s independent and community publishers.

“We see this fund as a critical opportunity to support small and independent news publishers to grow, adapt to the demands of a digital era, and strengthen their role as effective and resilient voices for their communities.”

AIP and Google have each hailed the DNT Fund as a vital step for media sustainability and digital transformation in South Africa.

Marianne Erasmus, Google News Partner Lead for Sub-Saharan Africa, said the DNT Fund aims to support local, independent, community, and vernacular language public interest news publishers to build a solid digital foundation, expand their audience reach, improve their reader engagement, and develop practical data strategies that will lead to a resilient commercial model.

“We’ve consulted with and listened to news publishers and policymakers in South Africa to develop a funding framework that will meaningfully support the digital transformation needs of the local and community news ecosystem,” Erasmus said.

“We are committed to partnering with the AIP to achieve these goals, and this new R114-million investment will fund digital transformation projects with a clear and tangible technological or commercial goal, as proposed by the local news ecosystem.

“The funding will run over the course of three years, and it will be accompanied by ongoing training on digital skills and fundamentals through the Google News Initiative.”

How the DNT Fund will work

AIP and Google have developed a detailed framework to ensure that the DNT Fund can carry out its objectives with transparency, credibility, and fairness:

  • The DNT Fund will be administered independently by Tshikululu Social Investments, with fiscal oversight from a multistakeholder Oversight and Advisory Board.
  • The DNT Fund will be subject to robust transparency and reporting mechanisms, and a list of all funded projects and beneficiaries will be publicly available.
  • Beneficiaries must be small, local, and independent publishers or industry collectives with a commitment to public interest journalism and digital transformation, and must be members of the Press Council of South Africa.
  • Beneficiaries do not have to be members of the AIP and do not need to make use of Google products or services in their digital transformation initiatives.
  • The DNT Fund is expected to open its first round of applications by March 2025, following industry and stakeholder consultations on its approach to funding and the finalisation of the Fund’s structures and policies.
  • For more information about the Digital News Transformation Fund, including eligibility criteria, governance mechanisms, and updates about the application process, please visit aip.org.za/fund.

AIPAssociation of Independent PublishersDigital newsDigital News Transformation FundDNT FundGoogleindependent news publishers in South AfricaTshikululu Social Investments

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*This article first appeared in our sister publication techfinancials.co.za

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