Happy Sunday! Whether you’re a new subscriber or an existing subscriber, welcome back. Here are a few articles you should check out from this week!
The global gaming market is expected to hit around $400 billion by 2033. This means subscriptions, ads, in-game purchases, and everything in between are lucrative for both gamers and developers. When you add the revenue streams that streaming games bring, the financial opportunities are exponential. That brings us to the current topic: Africa. It always comes back home. Africa is young and very much online. The growth potential for the gaming industry on the continent is being noticed.
In 2024, gaming in Africa is projected to reach $1 billion. Africa has a median age of around 19 and is the youngest continent. A lot of them want to or actively play video games. Now, the continent has introduced gaming tournaments with cash prizes. Players can become stars and generate income. Of course, to build an efficient gaming environment, high-speed internet is needed. Africa as a whole still has issues with high-speed internet in some regions and this can make streaming and playing difficult for some players. Once this is developed, the possibilities for how far the gaming industry can go in Africa are endless.
Sticking to the topic of gaming, in the U.S., HBCUs are creating an ecosystem to encourage students to play. This week, the National Science Foundation awarded Winston Salem University a $400k grant to integrate esports into its computer science curriculum. This is an overall approach to encourage minority students to enter computer science. With esports growing how its grown, maybe that can be used to encourage students to enroll and major in it. An esports lab may soon become standard at every university in the country, and ensuring that HBCUs aren’t behind the curve is important.
Although the U.S. spends 16% of its GDP on healthcare, it ranks second to last when it comes to access, equity, and outcomes. It’s no secret that inequitable distribution is an issue in the U.S., but this recent study shines an unfortunate light on an ever-pervasive issue.
The Netherlands, the U.K., and Germany ranked the highest in terms of access. While the Netherlands and Germany ranked close to the top in affordability and availability. An issue here is that the U.S. ranks near the top in spending but is being severely outperformed in outcomes. Where is the money going? A better question is, why is the money for healthcare not being accessible?
Gladiator 2 is set to release in November and early reviews have started coming in. Denzel Washington is set to costar, and critics are anticipating that he will snag his 3rd Academy Award for his scene-stealing performance. Check out the trailer below!
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John Boyega has been cast in a new Otis Redding biopic. Danielle Deadwyler will co-star as his wife, singer, and songwriter Zelma Redding.
Allyson Felix, one of the most decorated Olympic athletes of all time, has started Always Alpha, a Sports Management Firm.
Black and Latina women are starting to be at the helm of the biggest unions in the U.S.
Retired boxer Floyd Mayweather is set to buy $400 million of NYC apartments.
Kean University has launched a statewide initiative in New Jersey to enhance African American Studies.
Photo of the Week: Angel Reese & A’ja Wilson on the cover of Wall Street Magazine.
Song of the Week: “Smoke” by Ari Lennox (U.S.A.)
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