Foreign gaming companies are looking to diversify their business into Africa, writes John Bamidele, however the need to understand the multi-faceted diversity in the continent
Africa is a dynamic gaming space, however a lot of investors have gotten their fingers burnt by having little knowledge of the continent and how to invest in it. Though, most of them see Africa as a cash cow, the continent is regarded as a high risk when looking at offshore investment. Foreign gaming companies are looking to diversify their business interest now more than before with Africa on their mind.
The continent is beginning to see some improvements in the area of online regulation. The three biggest markets in Sub-Saharan Africa, South Africa, Nigeria and Kenya are unique in the area of regulation and dynamic in operation.
1. Knowing and Understanding the Regulatory Requirements
The first and most important thing is to fully understand the regulatory requirements of the…
Source: Thisday Newspaper
