Source: news.google.com
Meta Sees Huge Metaverse Business Potential in Africa—$40 billion added to the continent’s GDP by 2031. This ambitious goal has an important caveat, “only if it were to embrace the metaverse and grow similar to mobile.”
But the continent is grappling with challenges that, if left unaddressed, means it will be the last to connect to the company’s immersive technology and not in the grandiose way Meta hopes it will.
In an attempt to ensure it grows at the same pace as mobile innovation, Meta plans to offer the metaverse through smartphone apps. However, many African users struggle to understand what the metaverse means to them, while a large part of the population is don’t have a smartphone yet.
The cost of mobile Internet is highest in Africa, while the speed of Internet in…
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