Opportunities and Challenges While trade in services presents African countries with opportunities for growth, there are still challenges to the sector. Domestic regulatory hurdles and trade barriers continue to fragment the services markets on the continent; and the cost of trading in services is high. As the oil boom in West Africa swells, many international businesses are making a beeline for the West coast of Africa where many new business and investments opportunities are providing excellent return on investments as well as profitable trading opportunities. Nine of Africa’s states do not have a stock exchange, including the continent’s fastest growing economy, Ethiopia. The east African country has averaged a 10.3% annual growth in the 10 years to June 2016 and is forecast to continue at 8.2% into 2021. The African continent is incredibly rich in natural resources. It has huge, untapped reserves of natural gas and oil (10% of world’s reserves) and largely unexploited hydroelectric power. It is home to vast gold, platinum, uranium, iron ore, copper and diamond reserves. 60% of the world’s uncultivated land is in Africa, while the continent is only responsible for 10% of the world’s agricultural produce. Agriculture as an untapped investment opportunity is set to be a major growth driver over the next few years, surpassing mining and metals.
You see, for decades, the biggest business opportunities in Africa were created through “traditional” sources, especially from the trade and export of raw and non-value-added commodities such as crude oil, timber, gold, coal, cocoa, tea, coffee, leather and several others. Browse our Business Opportunities listings to find exciting business and investment opportunities in Africa. Looking to grow your business in Africa? Promote your company’s Distribution, Franchise and general Business Opportunities to How we made it in Africa’s 100,000 monthly visitors. Click here for more information about listing an opportunity. In 2000, Africa was labeled “The Hopeless Continent” by The Economist, and in 2011, the cover read “Africa Rising.” As of 2019, it's seen as an appealing option for emerging market investors. Intra-regional trade volumes, according to the same report, will grow just under 345% in the same period. In 2010, however, Africa’s intra-trade only accounted for about 10% of its total trade, according to a report by the Brookings Africa Growth Initiative, compared to 17% in developing Asia and 60% in the European Union.
26 Nov 2019 A selection of business ideas that have come across our desk. 1. Electric motorbikes for Africa's urban centres. “I see a huge opportunity in Browse on this website, you will find the best business opportunities many African countries are offering to you. Seize them now! Select a business idea and 17 Jun 2019 Where the worldwide trade has stagnated in the wake of the US-China trade war, intra-regional trade in Africa has gone through the roof. 7 Lucrative Business Opportunities in Africa. Entrepreneurs can change the way we live and work. When successful, their revolutions improve our standard of In this article, I'll share with you the top business opportunities on the continent that will make more millionaires in 2016. Let's meet them… 1) Solar Power. Solar
Africa is a far cry from its description by The Economist 20 years ago. For those that know where to look, there are opportunities for success. Furthermore, the counties within Africa are seizing the opportunity to shine – but confidence in its returns still seems a long way away. You see, for decades, the biggest business opportunities in Africa were created through “traditional” sources, especially from the trade and export of raw and non-value-added commodities such as crude oil, timber, gold, coal, cocoa, tea, coffee, leather and several others. Browse our Business Opportunities listings to find exciting business and investment opportunities in Africa. Looking to grow your business in Africa? Promote your company’s Distribution, Franchise and general Business Opportunities to How we made it in Africa’s 100,000 monthly visitors. Click here for more information about listing an opportunity. In 2000, Africa was labeled “The Hopeless Continent” by The Economist, and in 2011, the cover read “Africa Rising.” As of 2019, it's seen as an appealing option for emerging market investors. Intra-regional trade volumes, according to the same report, will grow just under 345% in the same period. In 2010, however, Africa’s intra-trade only accounted for about 10% of its total trade, according to a report by the Brookings Africa Growth Initiative, compared to 17% in developing Asia and 60% in the European Union. Gabon – primary agriculture. Cheikh Mbacke Ndoye, managing director of DHL Gabon, says the Central African country has opportunities for the local production of livestock and crops. The majority of the Gabon’s 1.6 million population is involved in agriculture, but output is well below potential. Opportunities and Challenges While trade in services presents African countries with opportunities for growth, there are still challenges to the sector. Domestic regulatory hurdles and trade barriers continue to fragment the services markets on the continent; and the cost of trading in services is high.
IIA Preps SMEs To Leverage African Free Trade Agreement through Excellence Awards June 11, 2019, Accra: Invest in Africa (IIA), a not for profit organisation finance- transforming their competitiveness- creating opportunities and jobs. 16 Aug 2018 Governments and private sector should leverage profitable, emerging investment opportunities that Africa offers,. says Odusola Photo: UNDP/ For global and Africa-based companies looking to access new growth markets, Africa offers exciting opportunities to build large, profitable businesses. Its 28 Nov 2019 In this month's Business Line programme, we look at the Global Business Forum on Africa. In its fifth edition, the two-day event explores the InvestSA is a division of the South African Department of Trade and Industry (the dti). We support investors exploring opportunities in South Africa by helping with