Kenya: The Business of Gaming - How African Youth Can Tap Into a $300 Billion Industry

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The global gaming industry is one of the fastest-growing sectors, projected to reach a staggering $300 billion by 2025. Africa, with its young and dynamic population, is poised to become a major player in this space. According to recent reports, the gaming industry in Sub-Saharan Africa is expected to hit $1 billion in revenue by 2024.

This growth presents immense opportunities for Africa's youth to tap into the industry, not just as consumers but also as creators and entrepreneurs.

Despite the growing number of gamers in Africa, most of the games played on the continent are foreign-made. This creates a significant gap that African developers can fill by creating games that incorporate local stories, folklore, and cultural heritage. Games with African narratives not only provide unique and rich experiences for players but also serve to preserve indigenous knowledge, languages, and stories for future generations.

However, while the opportunities are vast, there are challenges that need to be addressed. According to the Africa Games Developer Survey, 63% of local game developers have less than five years of experience. Additionally, only 19% of African gaming professionals have secured external funding for their projects, making financial sustainability a significant hurdle. This lack of access to capital and experienced mentorship hinders the growth of local developers.

Companies like Maliyo Games and developers such as Kunta Content are examples of success stories from the region. Maliyo Games, a Nigerian company, focuses on creating games with African narratives and employs over 30 people across five countries. Kunta Content became the first African developer to release content for Minecraft's Marketplace, illustrating the potential of African talent to make a global impact.

 

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