Tekkorp Capital, a global investment and advisory boutique specializing in betting and gaming, has announced the appointment of Conor O’Donovan to lead its African expansion efforts. With substantial experience as an equity investor and CEO in Africa’s gaming sector, O’Donovan is set to drive Tekkorp’s initiatives in response to the continent’s rapidly growing market potential.
Under O’Donovan’s leadership, Tekkorp will focus on identifying key investment opportunities in Africa, assembling a team of industry experts to provide strategic and operational guidance. Investee companies will gain not only access to capital but also benefit from Tekkorp’s comprehensive support network, which includes product solutions, media partnerships, payments, and legal expertise. This strategic initiative reflects Tekkorp’s commitment to providing both financial and operational resources, ensuring robust support for African operators aiming to scale successfully in this dynamic market.
Conor O’Donovan, Tekkorp Capital Africa Partner, said: “Africa offers some of the most exciting growth opportunities in global gaming, with a range of attractive targets across diverse markets. At the same time, the landscape is fragmented and has its unique set of nuances and challenges. Tekkorp, alongside our strategic partners, is well-equipped to navigate these complexities and bring out the potential in strong, locally led businesses. Our goal is to turn these promising companies into regional leaders, building a diversified portfolio of high-performing, compliant brands with strong governance, unblocking the barriers to major operators investing with confidence.”
Matt Davey, Tekkorp Capital’s Founder and Chairman, commented: “It’s well-known that Africa is a high-growth market, and over the next decade we expect to see strong growth at a significant pace. This will encourage more operators to enter the space, and that’s why we believe the time is right to get ahead of the coalescing trends and create a balanced portfolio of premium African assets, underpinned by our local expertise, to best capitalise on this profitable opportunity.”
Robin Chhabra, Tekkorp Capital’s CEO, added: “Of course, we’ve long been active investors in the sports betting and gaming industry, always looking for great businesses with strong opportunities in market segments or territories we like. So, this focus on Africa is a logical extension of that philosophy. We’ve assembled a crack team, with Conor’s nous and know-how at the helm, as we explore another fragmented market rich with possibilities.”
