Netflix has appointed telecoms billionaire Strive Masiyiwa to its board.

Masiyiwa is the founder of Econet Group which has operations and investments in 29 countries in Africa and beyond.

In a statement Masiyiwa said: “Netflix is at the forefront of bringing great entertainment from anywhere in the world to everyone in the world.

“I look forward to working with the board and all stakeholders to continue its traditions of innovation and growth”.

Masiyiwa is effectively replacing Susan Rice who stepped down last week to join president-elect Joe Biden’s incoming administration.

“I’m thrilled to have Strive join our board as we expand more across Africa and the world,” said Sarandos.

Masiyiwa also sits on board of Unilever and the global advisory board of Bank of America.