iGB Affiliate 66 Dec/Jan | Page 39

FEATURE INTO AFRICA: THE OPPORTUNITIES AND CHALLENGES As the African market unfolds and attracts interest from major operators, affiliates also have an opportunity to enter the region but, as Joanne Christie reports, there are pitfalls as well as potential in igaming’s least charted continent WITH REGULATORY CHANGES and saturation in European markets making life tough for affiliates who’ve traditionally focused on established igaming markets, it’s inevitable some will start looking to emerging markets to diversify their revenues. With its population of more than one billion people and a clear upward trend in the number of people gambling, Africa may seem like a continent full of untapped potential. But that potential sits alongside some major challenges – as well as localising their offering, affiliates and operators also need to find ways around significant connectivity and payment processing infrastructure gaps. Internet World Stats estimates only 31.2% of Africans have access to the internet. And in the World Bank’s Little Data Book on Financial Development 2015/16 it reported that in 2013, just 17.5% of those aged 15 or over in Sub-Saharan Africa had accounts at formal financial institutions, which rules out the majority of payment processing systems used in developed countries. But there are bright spots in Africa, for example, Kenya, with its highly developed M-Pesa payment system set up by Kenyan mobile operator Safaricom around 10 years ago. M-Pesa is so widely used it is regularly estimated that half the country’s GDP is moving around the country via M-Pesa. One reason this is so popular is that in countries such as Kenya mobile penetration is much higher than fixed line internet. According to the Communications Authority of Kenya, mobile penetration in the country recently reached 88.1%. While European operators are increasingly focusing on mobile-first strategies at home, it’s important to recognise that these won’t necessarily translate well to Africa — in many cases bandwidth will be lower than in the developed world and through mobile phone ownership is growing fast, handsets are far less sophisticated. But it’s vital to get the mobile offering right as it accounts for the bulk of traffic to igaming sites. “Mobile traffic is very high with over 60% of first time users registering via mobile devices,” says Leandro Giovando, managing director of sports betting and casino operator Betin Kenya. “Affiliates have to understand that Africa is about perseverance and player value is not going to be anywhere near European levels” Mathew Symmonds, Web Analysis Solutions Betin Kenya launched an affiliate programme in August 2017, and Giovando says affiliates are a “key channel to maintain the stable increase of our business”. The programme also allows affiliates to target sister brand Betin Uganda, where Maria Raffaella Micuccio, marketing and communications director, says “affiliates are one of the best traffic sources for Betin Uganda”. Mathew Symmonds of Web Analysis Solutions, the affiliate behind WinDrawWin.com and PredictZ.com, says Kenya is currently the strongest African market for igaming, but that impending tax rises — a tax rate of 35% was announced last year to come into force in January 2018 — are deterring both operators and affiliates, both of which are beginning to look to branch out. Diversification across continent “Operators are now seeking to diversify into other African countries, and those in Eastern Africa that support M-Pesa are popular, in particular Uganda and Tanzania,” he says. “Nigeria is the one market in Africa that perhaps offers the greatest potential. As this market opens up, and regulation and payment methods become easier, then we believe this will be the strongest market in Africa. Alongside Nigeria, Ghana is now becoming a popular market due to its relative wealth compared to other African countries.” iGB Affiliate Issue 66 DEC 2017/JAN 2018 35