![]() A higher-than-normal young population in the region means digital technology has been strongly embraced.īy 2030, 87% of the population in sub-Saharan Africa will own a smartphone, according to mobile industry body GSMA, up from 51% in 2022. "These initial numbers for gaming on the continent are promising, but the longer-term trends of population growth, internet penetration, and smartphone adoption paint a picture of incredible growth for gaming on the continent," Jackson Vaughan, managing partner at Konvoy, told CNBC.Īdoption of smartphones, in particular, has boosted Africa's gaming prospects. Venture capital firm Konvoy, which focuses on gaming-related investments, said it sees Africa's gaming industry growing 15.7% in 2023 and 13.6% the following year, higher than previous projections of 9.23% and 8.95% growth. There's really strong appetite for content." Most of that – over 90% – is via mobile phone. "People are coming online for the first time at a really rapid pace. "We have the fastest-growing population in the world," he added. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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