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GiG Software completes purchase of 80% stake in 888AFRICA for €16.4 million
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GiG Software completes purchase of 80% stake in 888AFRICA for €16.4 million
  • GiG Software completed the acquisition of an 80% stake in 888AFRICA on Oct. 1, 2026.
  • Total consideration set at EUR 16.4 million; EUR 6.1 million paid at completion.
  • Remaining EUR 10.3 million scheduled in installments over the next 10 months.
  • 888AFRICA operates as a profitable African B2C operator, with a market-leading position in Mozambique.
  • Annualized NGR run rate put at about USD 50 million, adding scale and diversification from completion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GIG Software plc published the original content used to generate this news brief via Cision (Ref. ID: 20260930:BIT:7581:0) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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