With among the world’s youngest populations (over 50 per cent of Africans are more youthful than 31), the continent is rich with innovative and talent that is innovative. Nevertheless, bad usage of quality training is a critical hazard to Africa’s peoples money.

With among the world’s youngest populations (over 50 per cent of Africans are more youthful than 31), the continent is rich with innovative and talent that is innovative. Nevertheless, bad usage of quality training is a critical hazard to Africa’s peoples money.

Presently, a few interesting organizations and initiatives are attaining successes that are remarkable they tackle Africa’s education problems head-on.

Bridge Academies (in Kenya and East Africa) and Omega Schools (in Ghana and western Africa) have actually built an education that is incredible of low-cost main schools that enable students to cover as little as $1 on a daily basis as college costs.

Another interesting company on Africa’s education scene is Andela. Through its free and extremely rigorous training curriculum, Andela develops promising African talents into high class software designers that are hired off to the kind of Microsoft as well as other technology leaders in the united states and European countries.

This interesting enterprize model is called ‘talent-as-a-service’.

Andela recently attracted ten dollars million in investment and it is on course to coach 100,000 top notch African computer software designers over 10 years.

6) African Art

Picture credit: CNN Africa Startup

Exactly how much do you believe African art is well worth today?

You’ll be surprised.

In November 2014, an accumulation of traditional art that is african Mali, Gabon, Congo and Liberia www.hookupdate.net/eastmeeteast-review/ ended up being offered in nyc at Sotheby’s for a record-breaking cost of $41 million. Here is the biggest ever amount recognized through the sale of African art in the united states.

Not long ago, a collection of wood sculptures by the Nigerian musician Ben Enwonwu offered in London for more than $500,000, 3 times the expected cost.

New World Map, the aluminium and copper sculpture of El Anatsui, the Ghanaian musician, offered for approximately $767,000, among the greatest rates ever fetched by the job of an native African musician.

Both antique and contemporary works of African art are attracting high prices in the world’s major art markets after decades of neglect.

In 2016, more investors and enthusiasts would be upping the interest in African art, and much more millionaires is likely to be manufactured in the procedure.

7) Shopping

Image credit: techmoran.com

In 2016, the Mall of Africa will open in South Africa april. This massive 131,000 square metres of retail room may be the shopping mall that is largest in Africa ever become built in a single stage.

Recently, the 2 streams mall opened in Nairobi, Kenya. It’s the shopping mall that is largest of their type any place in East Africa.

Throughout the continent, both regional and worldwide supermarket brands like Shoprite, Game, Checkers, Woolworths, Edgars and Spar are expanding while they scramble for each inches of available room in shopping and retail infrastructure developments.

Interestingly, the battle for retail supremacy in Africa is not just occurring in real retail chains.

eCommerce leaders like Konga and Jumia have become quite impressively within the last couple of years that are few. Both internet-based retail companies are in possession of a worth that is combined of $1 billion.

In reality, the battle ground for Africa’s retail marketplace is going beyond the continent’s shores. New e-commerce entrants like Mall for Africa and Shop to my Door now make it easy for Africans to look straight from stores in the united states, British and Asia.

Africa has become one of several quickest growing markets that are retail the whole world. A big and growing middle-income group, increasing neighborhood investing energy, and a growth into the number of expat employees are fueling the shopping trend in the continent.

8) Apps and Online Solutions

There’s a revolution that is digital over Africa. Today, numerous solutions currently have an application or ‘re going online. Africa’s electronic economy keeps growing actually fast.

Today, there’s nearly an application or service that is online what you want.

If you’re interested in a hotel that is suitable in Nigeria, Hotels.ng and Jovago.com are actually the largest services that are online the resort scheduling business. Recently, Hotels.ng attracted a good investment of $1.2 million.

If you wish to view African films on the fly, there’s an application for the. IrokoTV can be a software that offers you access to 5,000+ movies that are african your cell phone.

In 2016, IrokoTV secured an additional $19 million in investment funding to expand its presence across Africa january.

If you’d like to order bespoke furnishings without the need to pursue artisans or be worried about quality, there’s an on-line solution for that too. Showroom.ng is a Nigerian startup that’s changing just just how individuals purchase furniture in Africa’s economy that is biggest.

In 2016, more apps and online solutions will introduce across Africa to fix dilemmas and value that is provide. And much more millionaires is going to be built in the procedure.

9) Payment Solutions

Picture credit: memeburn.com

Every in Africa, over $100 billion in transactions are still done in cash year. This gift suggestions a giant and profitable services that are financial for savvy business owners.

The transformational mobile-based money transfer and payment service has proved to be phenomenal in Kenya and Tanzania, where the platform handles over 200 million person-to-person transactions every year since M-Pesa was introduced in East Africa.

In other components of Africa, there is certainly a huge scramble for Africa’s next big bucks transfer and re payment solution.

In Nigeria alone, a few promising companies are jostling to dominate Africa’s economy that is biggest. A number of the top contenders are Paga, PayAttitude, SimplePay and PayWithCapture.

Leave a Reply

Your email address will not be published. Required fields are marked *