Meta predicts the metaverse could add $40 billion to Africa’s economy ...Middle East

Quartz - Economy
Meta predicts the metaverse could add $40 billion to Africa’s economy
source : Quartz ( Middle East ) () 16
Metaverse—a word that until last year only existed in science fiction—is now the mainstay terminology when world economies look into the future.Though yet to gain ground in Africa, metaverse growth projections released on May 16 by Analysis Group, a research company contracted by Meta, indicate that the metaverse will pump an additional $40 billion into sub-Saharan Africa’s gross domestic product (GDP) in a decade’s time.There is one major caveat though according to the report: the need for metaverse growth and adoption to be similar to that of mobile technology. The report says, “If the metaverse were to be adopted and grow in a similar way as mobile technology, then we would expect it to b

Hence then, the article about meta predicts the metaverse could add 40 billion to africa s economy was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Meta predicts the metaverse could add $40 billion to Africa’s economy )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Huaweis zesde Global Installer Summit: samenbrengen van de beste installateurs om kansen in hernieuwbare energie in het AI-tijdperk te benutten

before 8 minute

Zoomex nimmt an der EthCC in Cannes teil und legt den Schwerpunkt auf den Dialog mit der Branche sowie die Entwicklung der Infrastruktur

before 5 hours & 27 minute

Drillers See Triple-Digit Crude and Hit the Brakes

before 8 hours & 34 minute

Middle East War Reignites the Energy Transition

before 10 hours & 34 minute

Haier отмечает свои выдающиеся достижения в Париже, представляя новый портфель решений для «умного дома»

before 11 hour & 30 minute

Is It Time for Energy Rationing to Return?

before 12 hour & 33 minute

UNLTD x Peanuts® Returns for Spring with New Lacrosse Collection

before 13 hour & 30 minute

Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

before 14 hour & 35 minute

Record Your Passion: TORRAS Partners with Portugal Football for the Season Ahead

before 17 hour & 16 minute

University of Phoenix White Paper Translates "Sandwich Generation" Research into Employer Strategies to Improve Retention and Workforce Stability

before 19 hour & 32 minute

IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031

before 20 hour & 21 minute

Hisense Advances a Quiet Green Revolution in Home Entertainment

before 21 hour & minute

Hisense fait avancer une révolution verte tranquille dans le domaine du divertissement à domicile

before 22 hour & 11 minute

Proms have become like red-carpet events. That comes at a price.

before 22 hour & 23 minute

/C O R R E C T I O N -- FunL/

before 23 hour & 12 minute