Subscribe

Stay informed

Get the day's top headlines delivered to your inbox every morning.

By subscribing, you agree to our Privacy Policy

The Daily Chronicle

Truth in Every Story

twitterfacebookinstagramyoutube

News

  • Politics
  • Business
  • Technology
  • World

Features

  • Opinion
  • Culture
  • Sports
  • Video

Company

  • About Us
  • Contact
  • Careers
  • Advertise

Legal

  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Accessibility

© 2026 The Daily Chronicle. All rights reserved.

SitemapRSS Feed
City Beats

Lagos will support Africa Gaming industry for global growth

Lagos State Governor, Babajide Sanwo-Olu, has said his administration will support the Africa’s gaming industry which is transitioning from a fragmented, informal sector into a structured and globally competitive ecosystem

Lagos will support Africa Gaming industry for global growth
Share this article
March 26, 2026byAuthor 18229
2 min read
  • By Zainab Olufemi

Lagos State Governor, Babajide Sanwo-Olu, has said his administration will support the Africa’s gaming industry which is transitioning from a fragmented, informal sector into a structured and globally competitive ecosystem driven by policy, innovation and investment.

Sanwo-Olu said this at the 3rd edition of the 2026 African Gaming Expo held at Eko Hotels and Suites with the theme, Africa’s Gaming Market: Frontier to Prominence.”

Represented by the Secretary to the State Government, Bimbola Salu-Hundeyin, Sanwoolu, said the sector, once operating at the margins of the formal economy, is now witnessing deliberate transformation across the continent.

According to him, the industry has evolved from being loosely structured and misunderstood to becoming regulated, transparent and attractive to global investors.

“Not long ago, the gaming sector across much of Africa existed largely at the edges of the formal economy—fragmented, loosely structured and often misunderstood,” he said.

“Today, what was once fragmented and unsettled is becoming structured, regulated and globally competitive.”

He noted that governments are strengthening institutions and regulatory frameworks, while technology is enabling transparency and boosting investor confidence.

He added that gaming now intersects with technology, digital finance, sports development and youth engagement, making it a key driver of economic growth.

“When properly regulated and responsibly managed, gaming has immense potential to generate employment, stimulate investments and contribute meaningfully to public revenue,” she said.

Chief Executive Officer of the Lagos State Lottery and Gaming Authority, Bashir Are, said the expo was designed to position Africa within the global gaming ecosystem and unlock opportunities across allied industries.

He noted that the event has boosted tourism and commercial activities in Lagos, with increased hotel occupancy and participation from international delegates.

“This event goes beyond gaming. It connects fintech, entertainment and digital innovation, while also showcasing local talents to the global market,” he said.

Delivering his keynote address, Founder of Merbert Global Launchpad, Peter Mebert, urged African startups to leverage improved access to infrastructure and talent to scale globally.

He described gaming as a fast-growing global industry and a platform for broader digital innovation, stressing that Africa must focus on leadership, market understanding and strategic expansion to compete internationally.

He further warned that many startups fail due to poor expansion strategies, weak leadership and inadequate knowledge of foreign markets.

The expo featured discussions on regulatory collaboration, technological innovation, responsible gaming, youth empowerment and sustainable investment across Africa.

Tags:gaming
Share this article
Author 18229

Related Articles

CRMI backs CBN’s new digital banking safeguards, welcomes overnight rate reform

CRMI backs CBN’s new digital banking safeguards, welcomes overnight rate reform

The Chartered Risk Management Institute of Nigeria (CRMI) has commended the Central Bank of Nigeria (CBN) for its recent regulatory directive introducing enhanced safeguards to strengthen the security and resilience

Yesterday at 6:30 PM
2027: Lagos youth unveils KOH ambassadors, back Hamzat for governor

2027: Lagos youth unveils KOH ambassadors, back Hamzat for governor

Lagos youths, under the aegis of the Kadiri Obafemi Hamzat Youth Ambassador (KOHYA), on Saturday announced plans to support the endorsement of Kadiri Obafemi Hamzat for the 2027 Lagos State

Yesterday at 6:11 PM
2027: Nwifuru dispels rumours of candidate imposition 

2027: Nwifuru dispels rumours of candidate imposition 

Governor Francis Ogbonna Nwifuru of Ebonyi State has assured the people that he will not impose candidates in the forthcoming general elections. The governor gave the assurance during the solemnization

Yesterday at 5:39 PM
Delta police probe viral allegation of officer assault on woman

Delta police probe viral allegation of officer assault on woman

The Delta State Police Command has launched an investigation into a viral video alleging that some police officers assaulted a woman and subjected her to more than 40 strokes of

Yesterday at 5:36 PM