Africa’s gaming sector is emerging as a powerful driver of social and economic development. Valued at $1.8 billion in 2024, the industry is not only growing rapidly but also funding education, infrastructure, and community projects across the continent. According to Alex Mabunda, Group CEO of Ntiyiso Consulting Group, Africa’s lotteries and gaming operations can evolve beyond entertainment to become a “fifth estate” of development—fueling innovation, responsible gaming, and inclusive growth through the African Lotteries & Gaming Association (ALGA). By harmonizing regulation, promoting integrity, and reinvesting revenues strategically, the gaming industry can help tackle poverty, unemployment, and inequality, shaping a more unified and prosperous Africa.
Tag: African Continental Free Trade Area
Driving Africa’s Digital Future: Insights from Tamu Dutuma, Absa’s Head of Strategy & Transformation
Tamu Dutuma, Head of Strategy & Transformation at Absa Regional Operations, shares insights on unlocking SME growth in Africa through technology, cross-border trade, digital payments, and ecosystem collaboration. He highlights the transformative role of fintech, partnerships, and early-stage startup engagement in shaping Africa’s digital economy.
GCCA ISSUES CALL TO ACTION ON FOOD SUPPLY CHAIN RESILIENCE AND BOOSTING TRADE IN AFRICA
African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade Area (AfCFTA) and to boost prosperity, food supply chain resilience, and trade across the continent, says the Global Cold Chain Alliance (GCCA) today as the GCCA Africa conference opens at the Westin Hotel in Cape Town.
The African Continental Free Trade Area Investment Protocol signalled a new era in sustainable trade and investment
The African Continental Free Trade Area (AfCFTA) is predicted to increase Africa’s trade income by USD 450 billion by 2035 and will boost intra-African trade by more than 81 percent, according to a recent report by the World Bank.