On June 3, 2026, French media group Canal+ officially began trading on the Johannesburg Stock Exchange (JSE), becoming the first French company to list on Africa's main stock exchange. The move is part of Canal+'s strategy to expand its presence on the continent, competing with streaming giants like Netflix and Amazon.
The listing follows Canal+'s acquisition of South African pay-TV operator MultiChoice in 2025, which gave the French group a significant foothold in African markets. Canal+ already operates in over 25 African countries and aims to leverage the JSE listing to attract local investors and strengthen its brand.
Analysts note that the listing comes amid growing competition in African streaming, with Netflix and Amazon Prime Video investing heavily in local content. Canal+ plans to differentiate itself through a mix of local and international programming, including sports and movies.
