Africa, the land of Opportunities. Wrecked by the effect of the colonial maters, who took its resources without care. Still its as if the Resources of Africa never stop Flowing. Africa has the Land, the Human Resources and cheap labor. Gradually, the world is coming to accept that Africa in the Investment SPOT for future investors.
Think of China, it does not come to mind a country in Africa that does not have a Chinese investment in them.
With a Population reaching almost 1 billion, there is no better market.
Africa has high retun on Investment.
The issue that most investors face is that of, which INVESTMENT should come to Africa!
Especially for people who do not understand the dynamics of the African Market, this remains a strong factor to beat.
On Loanhub today, we shall examine the Top 6 Hot Investments that Thrives In Africa.
So, here is a list we have made. Feel free to comment other ideas that you think can thrive in Africa.
Top 6 Hot Investments that thrives in Africa !
Read and also make your contributions in the comment section. We Appreciate your Comments.
The Young Population of Africa are leaving Agriculture, this is a report by the world bank. The report was carried out in Ethiopia, Malawi, Niger, Nigeria, Tanzania and Uganda. This Opens a Large investment door to foreigners who have the resources to set up Large Agricultural Investments. So, do consider taking your Agric investment ideas to Africa, even if you don’t want to sell to the African Market, to export is not really a problem in Africa.
Africa is growing. The RURAL-URBAN migration calls for more investments in the Housing sector. Shelter is one of the most basic human needs everywhere in the world. Since the larger the population, the higher the demand for housing, don’t you see the goldmine Africa is?. The Housing issue is too big for the government alone, Private investors are encouraged to step in.
Africa Lacks a Pool of valuable data. The Field of data Management, gathering, development and storage, needs to be explored. Currently, this job is done by European consulting firms. They later step it down to smaller firms in Africa to do the job.
so, if you can pull treasure, time and talent together, start this business, you’ll never cry.
Energy is the biggest challenge of Africa! With all the resources to generate efficient and enough energy, one wonders what is holding the continent back. Money is made when a service that solves the problem of a people is provided. So, Africa welcomes you. You can readily break even.
About 50% of Africa is aged under 31. This means that Africa has a very young population, willing to learn and develop their Intellectual domain for a fast changing world. An investment in Education will not only make be successful as we have seen with firms like Bridge Academies (in Kenya and East Africa), Omega Schools (in Ghana and West Africa) and Andela. The future is waiting for no one, Africa should wake up to this reality. Let’s encourage the World and ourselves to invest in Education in Africa.
Africa is currently the second fastest growing market for mobile phones, after Asia. However, the first wave of Africa’s mobile phone revolution is almost over.It’s not a surprise that tech giants like Google and Facebook are scrambling to improve internet access to millions of Africans. Google’s Project Loon and Facebook’s Free Basics are just two of several bold initiatives to connect Africa. So, be assured that any investment in this sector will yield returns to your pocket.
READ ALSO : SHORT TERM INVESTMENT THAT WORK!!
so, what do you think? Make your Opinions known using the comment section. thank you.