At the end of April 2022, Olivier Madiba the CEO of Kiro’o Games announced that they had reached 1 billion FCFA in the subscription on their equity crowdfunding campaign. FCFA is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, the Democratic Republic of the Congo, Equatorial Guinea and Gabon.
Olivier went on to add “ Thank you to everyone who continues to believe in our long-term vision and strategy.” He then predicted that by 2030 there will be at least 400 million players on the continent to entertain and inspire with quality African games.
In conclusion, Olivier said that the revenue that will be generated from African video games can be used to invest in the larger cultural industry and even other sectors. This sentiment comes a year after Kiro’o Games branched into the restaurant business with Kiro’o Tchop.
The Cameroonian studio has been in prolific form over the past twelve months, from some hugely successful mobile releases to winning the top accolade at the first continental industry award.
Leave a Reply