top insights from SiGMA Africa 2025
The SiGMA Africa 2025 Summit at Sun Exhibits – GrandWest Complex, South Africa, opened critical discussions on how income and inclusion influence consumer behaviour in emerging markets. The keynote, titled ‘Income and Inclusion: How Economic Profiles Shape Player Behaviour,’ was delivered on Day 1, featuring speakers John Maylam, Founder & CEO of J50 Ventures, Weldon Koros, Director at the Association of Gaming Regulators in Africa, and Dr Fredrick Mbasi, Deputy Director at the Betting Control and Licensing Board of Kenya.
The discussion explored the economic realities of consumer spending habits in Africa, highlighting income disparities, affordability challenges, and education levels that shape market trends. The panellists provided data-driven insights into how businesses can develop responsible engagement strategies that align with regional economic conditions.
Key insights:
Income Levels and Spending Patterns – Lower-income demographics tend to favour small, frequent transactions, while middle- and high-income consumers engage in higher-value, less frequent spending habits.
Regional Differences and Market Trends – Economic conditions vary across African regions, but affordability concerns and accessibility remain central to understanding consumer participation and market sustainability.
Education’s Role in Decision-Making – Consumer awareness plays a crucial role in financial decisions, though panellists noted that betting behaviour often transcends education levels.
Dr Fredrick Mbasi highlighted that market expansion must be approached with structured affordability considerations, stating, “If you introduce affordability checks in Africa, you risk excluding 98% of consumers who live on less than a dollar a day.” Weldon Koros further stressed that economic hardship influences consumer participation, explaining, “Many consumers do not see these activities as entertainment but as a potential financial solution.”
The keynote underscored that understanding economic diversity is essential for shaping responsible and sustainable industry growth. As SiGMA Africa 2025 continues, attendees are encouraged to explore upcoming Day 2 panels and discussions, offering deeper insights into economic inclusion and business strategy across the continent.
AUGUST 2024 – NAIROBI, KENYA.
In August 2024, the Association of Gaming Regulators in Africa (AGRA) and the Betting Control and Licensing Board of Kenya (BCLB) convened a meeting with the African Organization for Standardization (ARSO) to discuss the development and harmonization of African gambling standards aimed at reducing technical barriers to trade.
The meeting, held in Nairobi, underscores the commitment of AGRA and its partners to establish a unified regulatory framework for the gambling industry across Africa. This collaborative effort seeks to enhance regulatory consistency, promote responsible gambling, and facilitate cross-border cooperation within the gambling sector.
Further updates on this initiative will be shared as the project progresses.
JULY 2024 – KAMPALA, UGANDA.
In July 2024, the Association of Gaming Regulators in Africa (AGRA) participated in the Sports Betting East Africa Conference, held in Kampala, Uganda. The event brought together key stakeholders from the gambling industry across Africa, including regulators, operators, and industry experts.
The conference served as a valuable platform for AGRA to engage with fellow regulators and stakeholders, share insights, and discuss strategies to tackle critical issues such as illegal gambling, money laundering, and the protection of vulnerable individuals.
These efforts are part of AGRA’s ongoing commitment to fostering a safer, more transparent, and sustainable gaming industry across Africa.
MAY 2024 – NAIROBI, KENYA.
In May 2024, the Association of Gaming Regulators in Africa (AGRA) participated in the ISO/COPOLCO Standards Conference held in Nairobi, Kenya.
The conference provided a valuable platform for the Association and its partners to engage with key stakeholders and contribute to discussions on consumer protection in
the gambling sector.
The primary objective of the International Organization for Standardization (ISO) and its Consumer Policy Committee (COPOLCO) is to recognize and empower consumer
stakeholders as key partners in the development of global standards.
By participating in this conference, AGRA continues to play a leading role in advocating for consumer rights and shaping a secure and fair gambling environment across Africa.
MARCH 2024 – LAGOS, NIGERIA.
In March 2024, the Association of Gaming Regulators in Africa (AGRA) participated in the African Gaming Expo (AGE) Conference in Lagos, Nigeria.
The event brought together a diverse group of stakeholders from the gambling industry, including operators, regulators, and industry experts, to discuss key issues and opportunities within the sector.
During the conference, AGRA delivered a key presentation focused on addressing illegal gambling across the continent. The presentation outlined comprehensive strategies aimed at curbing illegal gambling activities and minimizing the risks of addiction.
AGRA’s participation in the AGE Conference highlights its ongoing commitment to combating illegal gambling and promoting responsible gaming practices across Africa.