Business Daily cover image

Business Daily

Africa's video gaming boom

Apr 10, 2024
17:28
Snipd AI
The podcast explores the rapid growth of the gaming industry in Africa, highlighting the challenges faced due to limited credit card access. It discusses popular games like Fortnite and the factors driving the industry's expansion, including the use of games in education. The episode also delves into innovative mobile money solutions for gamers in Africa, aiming to improve payment access.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Limited credit card penetration in Africa hinders access to paid games, prompting the need for alternative payment solutions.
  • Mobile money is revolutionizing the African gaming industry, enabling gamers to make transactions without traditional payment methods.

Deep dives

Growth of Gaming in Africa

The podcast discusses the significant growth of the gaming industry in Africa over the last five years, where the number of gamers has doubled. The continent's young population and improved connectivity, supported by technologies like fiber and Starlink, have led to a surge in internet users. However, the industry faces a challenge as many traditional platforms rely on credit card payments, while credit card penetration in Africa is only 2.7%, hindering access to paid games.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode