Hugo Obi, the visionary mind behind Maliyo Games, embarked on a mission after studying gaming industry reports from Brazil and Finland. Recognizing the expanding horizons of the Esports industry in Africa, Hugo realized the need for a comprehensive Africa Games Industry Report.
This report serves as a beacon, shedding light on the global gaming industry while focusing sharply on Africa. Its purpose extends beyond merely informing investors, policymakers, game developers, and players worldwide, but also helping the general public with knowledge on potential career opportunities available to players and game developers.
Its pages feature some quite impressive statistics: the global industry for social online gaming is estimated to be worth over $300 billion, and in 2022, there were about 2.7 billion mobile gamers. By 2027, the predicted player base will have increased to 54.5%, according to forecasts.
A comparison of the growth trajectories in Brazil, India, Israel, and Turkey highlights the different ways in which game production studios have contributed to the rise of Esports in each of these regions.
Additional information reveals that Africans spend $6 on average a year on gaming, mostly through in-app purchases. Comparable numbers are found for South Africa ($12), Brazil ($11–12), Nigeria, Kenya, Ethiopia, and Ghana ($2–$5) per gamer annually. By 2025, mobile gaming earnings in Africa are expected to expand at a strong compound annual growth rate of 13.11 percent, according to the analysis.
In 2022, South Africa topped the charts in gaming revenue at $289.5, trailed by Nigeria with $184.6, Ghana with $41.7, Kenya with $38.1, and Ethiopia with $35.2.
Beyond financial statistics, the report delves into investments, acquisitions, and pivotal studios driving industry growth, including Carry1st, 24-Bits, Game-Hub Senegal, and Sony Ventures. It highlights talent development, acceleration programs, and community-building initiatives like Africa Games Week and Africomicade.
This extensive research contains a wealth of important information, some of which are regional assessments, studio distributions, gaming genres, and gamer preferences.
This report was made by the combination of the efforts of brilliant minds at Maliyo Games, Kristian Roberts, the managing partner at Nordicity, and Sithe Ncube, an advocate for the growth of the African Game Industry. To access the full report, visit africagamesreport.com and embark on a journey into Africa’s vibrant gaming universe.
Last Updated on December 30, 2023
