South Africa has been the largest gaming market, generating a revenue of US$289.5 million in consumer spending throughout 2021.
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.
Also read: South Africa gets US$750M World Bank loan to bolster COVID recovery
The Diverse Game Developer Fund in the beginning of 2021 offered to grant US$300,000 to marginalized developers.
Source:
The Exchange
