The e-gaming and sports sector has become one of the fastest growing in the world and a self-sufficient economy with its associated industries, according to Public International Fund (PIF) Governor Yasir Al-Rumayyan. The number of companies in this sector is increasing with the growing number of audiences and the types of devices and platforms. In an exclusive interview with Asharq Al-Awsat, Al-Rumayyan highlighted the National Gaming and Esports Strategy launched by Prince Mohammed bin Salman, Crown Prince and Prime Minister, in September 2022.
This announcement hints that Africa is back to minting unicorns after a year-long hiatus. But this MNT-Halan deal isn’t just a story of another billion-dollar venture.