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Andreessen Horowitz shared why they invested in Carry1st

David Haber and Jonathan Lai

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The African continent is in the midst of a massive generational shift, and with it a technological revolution. A young, middle-class, and rapidly growing population — 1.3B people with an average age of 19 years old — is in the driver’s seat. Similar to how we’ve seen technology adopted in other emerging markets like India or China, this generation is mobile-first, relying on their mobile phones for all aspects of their lives — from work, to finance, to socializing and entertainment.

In particular, we see a huge opportunity for a next-generation games platform and social network in Africa. Today, few international games target an African audience at launch, and even fewer localize and design for the continent — taking into account regional taste and languages.

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