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Metaverse Creating Magic In Africa!

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Metaverse Creating Magic In Africa!

The evolution of the metaverse will open up new horizons for brands, businesses and the community as a whole and Africa, is already alive to the possibilities of the metaverse.

Africa’s digital economy is expected to contribute up to 300 billion dollars to Africa’s GDP by 2025 as per the reports. Africa’s first metaverse is also poised to unlock African creativity and connect Africa to the global digital economy. And now, Africarare and Innovation Africa have joined hands to bring clean water to Africa through Metaverse.

So to discuss more about metaverse and what does it mean for Africa, we have been joined by Mr. Mic Mann, Co-founder and CEO of Africarare.

Metaverse has been a buzzword ever since facebook rebranded to meta and Meta sees a huge metaverse business potential in Africa where it also plans to offer the metaverse through smartphone apps.

The cost of mobile internet is highest in Africa while internet speed in the continent is still the slowest in the world. Also, currently the cost of VR headsets is too high.

Africa’s largest mobile network operator MTN Group has purchased plots of virtual land in Ubuntuland.

Potable water is a prized commodity particularly in sub-Saharan Africa, where more than 400 million people lack access to safe drinking water. Innovation Africa has been working dedicatedly to deliver clean drinking water to people across the continent and now Africarare is creating a custom Innovation Africa village in Ubuntuland to showcase the organisation’s life-changing work.

Africarare will be launching a unique collection of Water Drop NFTs called “Drops of Life.”

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