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Africa’s media and entertainment industry is entering a new era of rapid growth, fueled by bold investments, creative ambition, and surging demand for content across the continent. From Morocco’s burgeoning gaming sector to the rise of grassroots film festivals and the strong profitability of broadcasting in South Africa, the stage is set for an exciting transformation.
In Morocco, the government is taking decisive steps to make the country a leader in the video game industry. With an allocation of US $26 million, projects like “Rabat Gaming City” are underway to build development hubs and provide specialized training for young talent. The aim is to push annual gaming revenues from the current US $500 million to far greater heights, while creating jobs and encouraging innovation in the tech and creative sectors.
Meanwhile, South Africa’s radio and broadcasting market continues to prove its stability and promise. African Media Entertainment (AME) has become a standout in the sector, consistently delivering robust profits and high dividends to its shareholders. The company pays out nearly 56% of its earnings and around 70% of its free cash flow, a testament to the health and sustainability of radio and traditional media even as digital competition rises.
On the film front, the continent is making its mark globally. The BOPE Film Market is forecast to reach USD 3.5 billion by 2031, reflecting the world’s growing appetite for African stories and talent. Grassroots initiatives are also gaining momentum, with festivals like Kitale Film Week in Kenya providing vital platforms for local filmmakers to showcase their work, nurture talent, and engage communities through authentic storytelling.
Industry outlooks are overwhelmingly positive. According to PwC, African entertainment and media sectors are set for robust growth between 2024 and 2028. Key drivers include the ongoing expansion of television, radio, streaming, and digital media in dynamic markets like Nigeria, South Africa, and Kenya. As internet penetration rises and new audiences emerge, local and international investors are taking notice, positioning Africa as one of the most exciting and diverse creative economies in the world.
With young, tech-savvy populations and a growing demand for homegrown content, Africa’s media and entertainment sector is not only poised for financial gains but is also shaping the continent’s cultural identity and global influence. Whether through video games, films, or radio waves, the African creative renaissance is here—and it’s only just beginning.