CANAL+ Partners with JSE, Bolstering South Africa as a Hub for Global Capital and African Expansion
Johannesburg – The Johannesburg Stock Exchange (JSE) has proudly welcomed CANAL+ to its Main Board, signifying a crucial milestone in the exchange’s transformation into a competitive global marketplace.
On Wednesday, 3 June 2026, CANAL+’s secondary listing highlights strong international confidence in South Africa’s capital markets and bolsters the JSE’s role as a bridge between global capital and Africa’s growth opportunities.
With CANAL+, the JSE enhances its sector diversity, providing local investors with direct, rand-denominated access to a globally diversified media and entertainment organization that has a substantial footprint in Africa.
After its listing on the London Stock Exchange in December 2024, CANAL+ becomes the first French entity to list on the JSE via the fast-track framework, thereby strengthening ties between South Africa’s and Europe’s capital markets.
As the only global media and entertainment company listed on the JSE, CANAL+ presents a unique investment opportunity for exchange investors.
CANAL+ is a global media and entertainment organization with deep roots in Africa and Europe, boasting over 42 million subscribers worldwide (as of 31 December 2025), operations in over 70 countries, and roughly 15,000 employees.
By offering a distinctive blend of local and international content, CANAL+ strives to ensure effortless discovery on its platform, aiming for accessibility to a wide user base.
In Europe, CANAL+ caters to more than 18 million subscribers across 12 nations, retaining a leading position in several of these markets.
In Africa, where CANAL+ has been active for over three decades, it has garnered 23 million subscribers across more than 40 countries, providing content in over 50 languages.
The group’s listing on the JSE aligns with its long-term vision to expand in high-growth markets, especially in sub-Saharan Africa, where increasing connectivity, a rapidly growing youth population (projected to rise by 800 million by 2050), robust GDP growth (estimated at 4.5% between 2026 and 2030), and rising demand for content and connectivity propel sector expansion.
This listing will enhance CANAL+’s liquidity and allow African investors to actively engage in the company’s growth trajectory.
“Our listing on the Johannesburg Stock Exchange reflects our ambitions and our belief in Africa’s future and its creative industry,” said Maxime Saada, CEO of CANAL+.
“We are excited to be the first French company listed in Johannesburg and the sole global media and entertainment entity on this exchange.”
“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our aim to serve as a bridge between Europe and Africa, solidifying our dual-continental strategy and enhancing our unique position in the global media and entertainment landscape.”
“With over 40 million subscribers, CANAL+ generates €9bn in annual revenue.”
“Africa will drive our growth in the coming years, and we are dedicated to creating value on the continent while sharing it with our African partners, investors, and the creative community.”
“By inviting African investors, we strengthen our foundations, diversify our investor base, and lay the groundwork for our next growth phase.”
For the JSE, such listings signify a strategic emphasis on enhancing market liquidity, diversifying the exchange across globally prominent sectors, and connecting local investors to international growth avenues.
Valdene Reddy, Group CEO of the JSE, commented on the listing: “We take great pride in welcoming CANAL+ to the JSE and celebrating the first listing of a French company on our exchange.”
“CANAL+ has grown into one of the leading media and entertainment companies worldwide, with a significant and expanding presence across Africa.”
“Their listing on the JSE is a crucial milestone—not just for the company but also for the ongoing globalization of African capital markets.”
“It underscores the increasing connectivity between African and international markets and enhances the JSE’s role as a platform for international companies and investors to engage in the continent’s long-term growth narrative.”
“We look forward to supporting CANAL+ in this new chapter as a listed entity on the JSE.”
This listing demonstrates the positive effects of the JSE’s recent regulatory enhancements, including improvements to its fast-track secondary listing procedure, enabling CANAL+ to efficiently complete its inward listing while retaining its primary listing on the London Stock Exchange (LSE).
These improvements continue to facilitate accessibility for international issuers while upholding the high standards of transparency and investor protection fundamental to the credibility of the South African market.
As Africa’s largest stock exchange by market capitalization, the JSE consistently leverages its robust regulatory framework, global connectivity, and market infrastructure to attract significant issuers and bolster capital formation throughout the region.
With this listing, the total number of companies on the JSE now stands at 263, with a cumulative market capitalization exceeding R24.96 trillion.