Solar Energy is Africa’s next big thing! How entrepreuners can explaoit this lucrative but untapped opportunity
Eclecricity supply in africa is innvery sorry state.Millions of Africans now have mobile phones with no electricity to charge batteries.
In many countries on the continent,less than 20% of the population haveaccess to electricity;the situation is much worse in rural areas where fewer than 5 are connected to the grid.
Withan average of 325 days of bright sunlight every year,solar power remains one of Africa’s most abundant but scarely used resources.
Did you know that all the 48 Countries of Sub-Saharan Africa ( with a combined population of more than 750 millions) generate roughly the same amount of power as Spain ( s single country of less than 50 millions people)?.
Fight darkness ,up tp80% of africans depend on personal generators,cabdles and Kerosene( parffin) lamps to provide basic lighting.Let’s even talk all the otherthinks we desperately need electricity for-Iron clothes,pump water,charge mobile phones etc.
Waste management remains a major problem in africa,and several other continents around the world,from careless littering of plastics, aluminium products,metal wastes,organic food wastes,nylon wastes,and more lying around over 90% of places people live and commute through daily to work,the saturation they’ve created results in negative effects both to the healt of the local populace and the environement care of the vicinities surrounding the droppings.
It’s widely believed thats africa does not produce enough food to meet its our needs .
In all our previose specials reports,the real estate has always been featured.This is hardly surprising given the current and Future size of.
Africa’s population ,according to the united Nations,more than half of global population growth between now 2050 is expected tpoccur in africa.Of the 2,4 Billion People who are expected to join world over next 30 years,1,3 Billion of them will be africans.
The efffects of rural-urban migration and natural population growth have overheimed transport systems and infrastructure in major cities and towns across africa.According the the AFDB,Africa has experienced the highst urban groth in the World.Africa’s urban population grew by 3,5% per year and this rate of groth is expected to hold into 2020
are over 100 TV Housholds in Sub-Saharan Africa,however,at the moment,just about 15 million of these housholds are pay-TV subscribers,and this number is expected to reach 30 million by 2021
Only a handfull of Countries in Sub-Saharan Africa can provide basic healtcare to all their citizens,with less than one doctor per 20 000 persons in countres like Ethipoia and tanzania,The healtcare industry in Africa is in a perlous state:
According to the latest Distrupt Afriac Funding Report,on african tech startups,the continent attracted $129 Millions in 2016,with a 16,8 percent increase in the number of succufully funded Startups( South Africa,Algeria,raised the highst amount of funding,followed by Kenya,Egypt,Ghanan and Morocco
n April 2016, the Mall of Africa will open in South Africa. This massive 131,000 square metres of retail space is the largest shopping mall in Africa ever to be built in one phase.
Recently, the Two Rivers mall opened in Nairobi, Kenya. It’s the largest shopping mall of its kind anywhere in East Africa.
Across the continent, both local and international supermarket brands like Shoprite, Game, Checkers, Woolworths, Edgarsand Sparare expanding as they scramble for every inch of available space in shopping and retail infrastructure developments.
Interestingly, the battle for retail supremacy in Africa isn’t only happening in physical retail chains.
eCommerce giants like Konga and Jumia have grown quite impressively in the last few years. Both internet-based retail businesses now have a combined worth of over $1 billion.
In fact, the battle ground for Africa’s retail market is moving beyond the continent’s shores. New eCommerce entrants like Mall for Africaand Shop to my Door now make it possible for Africans to shop directly from retailers in the USA, UK and China. Amazing!
goldmine, and a major potential source of millionaires in 2016. According to a World Bank report, Africa’s agribusiness industry
goldmine, and a major potential source of millionaires in 2016. According to a World Bank report, Africa’s agribusiness industry is expected to be worth $1 trillion by 2030.
Even if Africa decides to ignore export markets, the continent’s one billion people provides a huge and ready market for agribusiness.
Still, every year, African countries import more than 70 percent of wheat consumed, over 300,000 tons of chicken and spend more than $10 billion on imported grains, especially rice.
Interestingly, more African entrepreneurs are tapping into the vast opportunities in Africa’s agribusiness market.
And with the continued harsh impacts of low crude oil prices in 2016, sleeping agribusiness giants like Nigeria and Angola are finally putting a strong focus on agribusiness as a means to diversifying their economies. This means that governments in these countries are now more open and supportive of agribusiness initiatives
7 lucrative opportunities you can exploit in this huge and growing market:
-Prmary and Secondary Education
-University Education
-Vocational Traning
-Professional training & Certfications
-Personal development training
-Corporate-sponsored training
-Language training
-Let’s go to Africa.
