1 free read left. Create a free account for unlimited reading + AI research.
Create free accountArticle
Naavik
The total market value for mobile gaming in Africa is likely between $250 million and $750 million.
Africa’s mobile gaming sector represents a nascent yet high-growth frontier, fueled by a rapidly expanding youth population and increasing smartphone and 4G penetration across the continent. Although the market currently generates between $250 million and $750 million annually, it remains constrained by linguistic fragmentation and a historical reliance on cash-based transactions. However, the emergence of mobile-first e-payment infrastructure is effectively lowering barriers to entry, mirroring successful digital adoption patterns observed in other emerging markets like India.
Carry1st occupies a central role in this ecosystem, employing a full-stack business model that integrates localized distribution, third-party publishing, and its proprietary Pay1st payment platform. By securing strategic partnerships with major global entities such as Activision Blizzard and Riot Games, the firm has established a significant footprint. Despite these alliances, the company faces ongoing operational hurdles, particularly in scaling Africa-first titles and identifying game concepts that achieve sustainable long-term retention.
To address these challenges, the organization is pivoting toward in-house development while continuing to scale its payment infrastructure. The success of this strategy depends on the firm’s ability to refine product fundamentals and leverage Pay1st as a primary competitive advantage. As the company balances its diversified portfolio of licensing, publishing, and internal development, its long-term viability will hinge on its capacity to navigate the unique infrastructure and consumer behavior complexities inherent to the African digital landscape.
The games and companies this document names on the inner ring, other documents about them on the outer one. Select a cover to see it up close and open it in a new tab; drag to move, pinch or Ctrl + scroll to zoom.
Naavik · 2026