Top 10 Fastest Growing Industries in Africa
Africa is the second largest continent in terms of size and population with one of the shortest coastlines. However, there is no dearth of beached whales all around in terms of growth and profit capacity. Most of the African countries are combining programs of structural adjustment with traditionally profitable businesses to derive maximum output and … Continued
Invest in Rwanda: Discover the center of Africa’s Sustainable Industrialisation
In Rwanda, there is a popular saying, “Umugati urangira ntiwakwirakwira,” which loosely translates to “A well-made basket does not creak.” This saying speaks to the importance of a strong foundation in creating something of lasting value. Over the years, this approach has been embedded in various facets of the Rwandan economy, whether it’s reform policies … Continued
Innovative solutions for sustainable industrial development in Africa’s developing economies
The African continent is blessed with abundant natural resources and a rich cultural heritage. These resources and cultures have the potential to drive sustainable industrial development and economic growth in Africa’s developing economies. Industrial development is a key driver of job creation, economic growth, and poverty reduction, and sustainable industrial development ensures that these benefits … Continued
How the Cashew Industry in Benin is Elevating the Economy and delighting taste buds worldwide
According to the World Bank, agriculture accounts for approximately 40% of Benin’s GDP and employs more than 70% of the country’s labor force. The majority of Benin’s agricultural production is centered around smallholder farms, with key crops including cashew, cassava, yams, and beans. Cashew production is a key contributor to Benin’s agricultural sector, with the … Continued
Discovering Hidden Treasures in Gabon: The Importance of the Country’s Forest Ecosystems
Located on the west coast of Central Africa, Gabon is known for its vast forests and rich biodiversity. The country is home to some of the largest and most diverse forest ecosystems on the continent, including the Congolian rainforest, which is the second-largest in Africa. These forests are home to a wide range of plant … Continued
Why Investing in Togo is a Smart Move for Your Business Portfolio
Togo is a country in West Africa, bordered by Ghana to the west, Benin to the east, and Burkina Faso to the north. It has a coastline on the Gulf of Guinea, which is part of the Atlantic Ocean. This geographical position gives Togo access to the sea and the opportunity to engage in maritime … Continued
5 Reasons Why You Should Invest In Gabon Now
Gabon, a country situated on the Western coast of Africa, has managed to keep up with both domestic and international demands without putting exhaustive pressure on its treasury of natural reserves. The secret to the economic success of the country comes from a range of factors, proven by various research journals and organizations like the … Continued
Top 6 Reasons to Invest in Africa
Africa’s land mass is larger than India, China, Europe, and the US combined, ranking second in terms of both land area and population growth. In the meantime, the region also went through a series of transformations to provide the best resources to its people. The following article explains why Africa should be a top-priority investment … Continued
African Economy – Current trends and Challenges
According to a report by Mckinsey, resources in Africa contribute to only 1/3rd of the growth numbers that have surfaced in the recent few years.[i] The rest of this contribution comes from several rounds of structural changes introduced since independence. Some of these changes along with their repercussions are discussed below. The Economy of Africa … Continued
Economic Hubs in Africa: Challenges and Way Forward
Most people are aware of the initial stages that led to the recognition of the infamous Silicon Valley. The valley was not a result of a particular discovery or discoverer, but rather a multitude of steps, processes, innovations, and infrastructure solutions that factored in to make it one of the biggest tech hubs of the … Continued
Special Economic Zones in Africa: Upcoming Challenges
Special Economic Zones (SEZ) in Africa have been the torchbearers of business reforms and skill enhancement for local populations. In 1970, Mauritius became the first country to set up a SEZ, encouraged by the development progress achieved by SEZs in Asian economies. Later, countries like Ghana and Liberia joined the circle. From advancing traditional sectors … Continued
Carbon Neutral Farming in 2022
As terms like carbon farmers and compensation for sequestration are becoming common phrases in eco-sensitive group discussions, one might wonder about the possibilities of a fully green agriculture. Carbon-neutral farming is the newfound rage of this decade, with various countries pushing hard to reduce their emissions without impacting economic growth. The article below explains the … Continued
Top 5 Fastest Growing Industries in Africa
Africa is one of the most promising markets for investors. Its growth prospects are rapidly getting brighter in every sector. Countries like South Africa, Nigeria, Benin, Togo, Gabon, Chad and Ivory Coast leverage economic growth in fast-growing sectors like agriculture, telecommunication, banking, infrastructure, oil, and more. Nearly 10 African countries rank among the top ten … Continued
Top 6 Industries and Sectors to Invest in Africa
Africa is one of the fastest-growing markets. Thanks to its inflating economy, industrial sectors, and demographics. Countries like Nigeria, Angola, and South Africa are experiencing staggering growth in terms of economic revenue while working in these industries and sectors. Agriculture, telecommunication, banking, infrastructure, and oil & gas are some of the most rapidly growing sectors. … Continued
Major Industries in Africa – Survival vs Revival
Did you know that Rwanda was the first country in the world to ban plastic altogether? Or yet again, that it is a landlocked country in East Africa, with a rich biodiversity, offering a plethora of unique experiences to its visitors? These are just a few examples of the various perks of the African continent. … Continued