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

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

Presently, a few interesting organizations and initiatives are achieving remarkable successes as 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 pay for only $1 on a daily basis as college costs.

Another interesting company on Africa’s education scene is Andela. Through its free and training that is highly rigorous, Andela develops promising African talents into top quality software designers who’re hired down to the kind of Microsoft as well as other technology leaders in the united states and Europe.

This interesting business design is called ‘talent-as-a-service’.

Andela recently attracted ten dollars million in investment and it is on the right track to teach 100,000 first class African pc software designers over a decade.

6) African Art

Picture credit: CNN Africa Startup

Exactly how much do you consider art that is african well well well worth today?

You’ll be surprised.

In November 2014, an accumulation of traditional art that is african Mali, Gabon, Congo and Liberia ended up being offered in nyc at Sotheby’s for a record-breaking cost of $41 million. This is actually the biggest ever amount knew through the purchase 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 over $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, one of many greatest costs ever fetched by the job of a native African artist.

After years of neglect, both classic and modern works of African art are attracting high costs when you look at the world’s major art areas.

In 2016, more investors and enthusiasts will undoubtedly be upping the need for African art, and much more millionaires will undoubtedly be manufactured in the method.

7) Shopping

Image credit: techmoran.com

In April 2016, the Mall of Africa will start in Southern Africa. This massive 131,000 square metres of retail area could be the shopping mall that is largest in Africa ever become built in a single period.

Recently, the 2 streams mall exposed in Nairobi, Kenya. It’s the biggest retail complex of the type any place in East Africa.

Both local and international supermarket brands like Shoprite, Game, Checkers, Woolworths, Edgars and Spar are expanding as they scramble for every inch of available space in shopping and retail infrastructure developments across the continent.

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

e-commerce leaders like Konga and Jumia have cultivated quite impressively within the last couple of years. Both internet-based retail companies will have a mixed worth of over $1 billion.

In reality, the battle ground for Africa’s retail marketplace is going beyond the continent’s shores. New entrants that are eCommerce Mall for Africa and Shop to my Door now make it easy for Africans to look straight from merchants in the united states, UK and Asia.

Africa has become one of many quickest growing markets that are retail the planet. A sizable and growing class that is middle increasing regional investing energy, and a growth into the number of expat employees are fueling the shopping trend from the continent.

8) Apps and Online Solutions

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

Today, there’s nearly an software or online solution for whatever you want.

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

If you’d like to view movies that are african the fly, there’s a software for that. IrokoTV is definitely a software that offers you access to 5,000+ African movies on your mobile.

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 follow artisans or bother about quality, there’s an on-line solution for that too. Showroom.ng is a Nigerian startup that is changing just just exactly exactly how individuals purchase furniture in Africa’s economy that is biggest.

In 2016, more apps and online solutions will introduce across Africa to fix problems and value that is provide. And much more millionaires is supposed to be produced in the method.

9) Payment Solutions

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Every in Africa, over $100 billion in transactions are still done in cash year. This gift suggestions an enormous and profitable economic solutions possibility for savvy business owners.

Since M-Pesa ended up being introduced in East Africa, the transformational mobile-based cash transfer and repayment solution has turned out to be phenomenal in Kenya and Tanzania, in which the platform handles over 200 million person-to-person deals each year.

Various other areas of Africa, there was a scramble that is huge Africa’s next big bucks transfer and re re re payment solution.

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

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