Cameroon’s Kiro’o Games raises $115k in funding

Cameroonian game development studio Kiro’o Games has raised US$115,000 in funding since October last year, hoping to double the amount before the release of its first game.

HumanIPO reported in January Kiro’o had opened Central Africa’s first video game studio after developing the continent’s first fantasy game last year.

Kiro’o Games chief executive officer (CEO)Madiba Guillaume Olivier said the company used part of the funds to open the gaming studio.

“We have 30 investors around the world, some are companies and others are regular people,” Olivier said.

He said while most wish to remain anonymous, one of the biggest contributors was management consultancy and investment firm HartNamtemah.

“We are hoping to reach US$250,000 to finish our game by continuing to pay the team and fees until its release at the end of 2014,” he said.

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