Newsazenplay.comGiG Software indicated that it is considering additional acquisitions in Africa following its purchase of 888AFRICA. The potential deals would support the company’s expansion across the region.
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GiG Software said it completed the acquisition of an 80% stake in 888AFRICA, adding operations in Mozambique, Angola and Tanzania. The company also reported one new partner, an agreement extension and three brand launches during the quarter.
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GiG Software is considering an €8.5 million capital raise to finance a proposed acquisition of 888Africa. The transaction would mark a return to business-to-consumer gambling for GiG after its shift toward B2B operations in 2023.