Browsing: Gaming industry in Africa

Africa’s digital transformation has recently propelled the flames of a growing economic sector; its gaming industry. Senegal recently became one of its top pioneers as its French Embassy partnered with the Masseka game studio to establish a new gaming hub.…

• Africa’s gaming market is estimated at $1.9 billion this year and will hit $3.33 billion by 2028.
• With increased connectivity, Africa’s online gaming industry is firmly on a growth trajectory.
• The pandemic slashed global revenues from the casino industry 31 per cent in 2020 compared to 2019.

It may be late in joining the casino industry but Africa’s online gaming industry is certainly making up for lost time. And it is doing so online. Currently, Africa gaming market is estimated at $1.9 billion. It is expected to reach $3.33 billion by 2028, growing at a compound annual growth rate of 11.62 per cent.

The pandemic caused a 31 per cent decrease in global casino sector income in 2020 compared to the previous year. Projections show worldwide casino hotel market will rise by an average of 4 per cent starting in 2020. As it did with the hospitality and tourism industries, …

• Africa has always been seen as a continent with untapped potential in the gaming industry.
• The continent is a rapidly growing market in the global gaming industry driven by the growing availability of affordable mobile devices.
• Africa’s gaming market is poised for growth, and businesses that are able to capitalize on this opportunity will be very successful.

Africa is one of the fastest-growing regions in the world, and the gaming market is no exception. The continent is home to a large population of gamers many of whom are looking for new and exciting gaming experiences.

Africa is a rapidly growing market in the global gaming industry. According to a 2020 report by NewZoo, Africa is the fifth-largest gaming market in the world, with a total gaming revenue of approximately US$3.3 billion in 2020. In addition to the growth in revenue, the number of gamers in Africa is also expected to …

The number of gamers in the continent has more than doubled in the last five years. The Sub-Saharan region is the fastest growing globally for both mobile gamers and people who pay for games.

The gaming industry has seen funding on the rise in the whole of 2021. Public and private funding options have been created such as the African Game Developer Prototype Fund, Diverse Game Developer Fund and the Black Game Developer Fund.

The Diverse Game Developer Fund in the beginning of 2021 offered to grant US$300,000 to marginalized developers.…