Cameroonian Gaming Startup Kiro’o Games Raises $342k Via Crowdfunding To Invade Smartphone Games Market

Cameroon's Kiro'o Games turns to it's own crowdfunding platform to raise  $1m - Ventureburn

Building on the success of “Aurion’s Heritage of Kori-Odan”, which in 2016 became the very first video game made in Cameroon, Cameroonian startup Kiro’o Games has announced it has raised $342k as part of a fundraising campaign it launched in 2019. Buoyed by the funding, the startup has announced the launch of its very first game on PlayStore.

Read also: Cape Town Launches An Innovation Challenge For Entrepreneurs

“We have delivered ‘Early Access’ our game (…), which allows any player to experience the life of a high official of the Imaginary Republic of Mboa in a comic fashion. It is the first time in world history that the life of the African elite has been portrayed on video games by an African studio. Beyond satire (which is respectful), we offer young people the opportunity to experience the temptations and consequences of social problems such as corruption, modern management of couples, etc.,” said founder Olivier Madiba.

Cameroonian video game company Kiro'o Games raises over XAF100mln from  international investors - Business in Cameroon

Here Is What You Need To Know

  • The crowdfunding campaign, initiated in 2019, saw Kiro’o Games raise around 190 million FCFA ($342k) to date from 258 shareholders, with a further pledge of 473 million FCFA ($852k) from 693 people. 

“Since this fundraising, Kiro’o Games has notably delivered Aurion comics to Amazon, but nothing was yet available in the area of ​​the smartphone market,” said the Cameroonian startup.

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A Look At What The Startup Does

Game development in Africa (Kiro'o Games) - YouTube

Kiro’o Games, sometimes known as Kiro’o Studios, is a Cameroonian privately held video game, animation, development and publishing company based founded in 2003 by Madiba Olivier, and headquartered in Yaoundé.

Entitled “The Mboa Manager”, this game, explains Olivier Madiba, the founder of Kiro’o Games, marks the entry of the Cameroonian video game studio into the smartphone game market in Africa. According to the startup, barely available on PlayStore, the first smartphone game made in Cameroon is already making people happy. 

“In less than a week, ‘’ Mboa Manager ‘’ has been downloaded more than 3,300 times with overwhelmingly positive reviews on the quality that amazes,” the studio said in an official statement.

Kiro’o Games says it hopes to reach at least one million customers in Africa by 2025, with an annual turnover of $20 million, according to its business plan. The business plan was made public to boost interest in its crowdfunding effort.

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“Entrepreneurs have to learn the power of networking and the value of mentorship, as these are the things that most entrepreneurs take for granted. And also they must know that opportunities will not come to them; they have to go out there and create them by knocking on corporate doors with proposals. Personally, I am where I am because of a business mentor who changed the way I see things.”

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