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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
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Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Gaming market in Africa expected to reach $1 billion: CNBC

  • By Al Mayadeen English
  • Source: CNBC
  • 14 Jul 2023 19:19
2 Min Read

The African gaming market is registering substantial growth in contrast to a contracting global market.

  • x
  • The African gaming market is expected to reach $1 billion due to a surge in smartphone usage in the continent.
    A mobile user plays Pokemon Go as he walks around the University of Lagos in Nigeria, July 14, 2016. (AFP)

The Sub-Saharan African gaming industry is speculated to generate over $1 billion in 2024, hitting all-time-high figures, according to a report published by CNBC.

The figures were determined by Newzoo, a Dutch research firm for African tech startup Carry1st. 

Although the African markets suffer from sluggish growth and long-lasting inflation, the gaming market has been performing well in the continent. CNBC says that in 2022 alone, revenue generated from gaming reached $862.8 million, marking an 8.7% increase from the previous year.

The substantial growth of the African gaming sector contrasts the global trend, as the world gaming market has contracted by 5.1% between 2021 and 2022, bringing revenues down to $182.9 billion.

Carry1st CEO Cordel Robbin-Coker says that Covid was a major contributor to the expansion of the global gaming market, "those benefits have receded, we’re starting to see growth slow and even decline in other markets."

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Robbin-Coker highlighted Africa's rapidly growing population and noted that "people are coming online for the first time at a really rapid pace. Most of that – over 90% – is via mobile phone. There’s really strong appetite for content."

The key phenomenon which has spurred this growth is the adoption of smartphones by African users as underlined by Jackson Vaughan, a managing partner at Konvoy, a venture capital firm.

"These initial numbers for gaming on the continent are promising, but the longer-term trends of population growth, internet penetration, and smartphone adoption paint a picture of incredible growth for gaming on the continent."

By 2030, around 87% of the population is expected to own a smartphone which will spur up the gaming industry even further, CNBC underlined.

Mobile gaming took up around 90% of total gaming revenue as it generated $778.6 million in 2022, according to Newzoo.

Read more: FTC given temp grant to stop Microsoft purchase of Activision Blizzard

  • Smartphone
  • Gaming
  • Mobile gaming
  • Africa

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