Africa has plenty of resources to exploit and offers a very good return on investment, making it an ideal destination for investors, there are 10 areas in which Africa can be invested and wealth created.
Although Africa has a population of one billion people, making it a huge market for investors, it could also be a challenge for entrepreneurs if they do not know the nature of the market enough to choose the best areas for investment in Africa.
Agricultural support platforms
Africa relies heavily on agriculture as its main source of income and foreign exchange, so any investment in the sector using technology is expected to be highly profitable.
Entrepreneurs can invest in a service to provide breakfast, lunch and dinner to workers and other platforms that provide support to farmers to manage the supply of basic agricultural commodities.
Investment in financial and banking services
Investing in African companies is one of the best types of investment for foreigners living on the continent.
Entrepreneurs can invest in the creation of tools and provide services to the community, aimed at providing investment advice to those who intend to invest in the African market.
There are many areas to invest in, such as newsletters, index funds and market research agencies.
Library platforms and e-books for students
Real-life libraries require a lot of funding and infrastructure, so investing in virtual and virtual libraries can provide students and citizens with millions of e-books that can be accessed through mobile devices and tablets, making investment in these platforms a great opportunity for investors.
Investment in housing
Africa faces a housing problem, especially in urban areas where people prefer to move and live rather than in rural areas, meaning there is a great opportunity to invest in real estate because the government cannot solve this problem on its own.
Data collection services
Africa lacks valuable data, making it an opportunity to invest in the collection, translation and provision of data, especially as international companies need such data in order to finance their projects.
Currently, a large consulting firm in Europe is in charge of data collection, and Western countries are expected to pay large amounts of money to smaller companies collecting data. Therefore, the creation of an African company specializing in this sector will fill this gap. An important source for the international community.
Procurement and logistics
Africa lacks much logistics, providing an opportunity for entrepreneurs to invest in platforms that provide business equipment and other logistics such as moving procurement, goods and other resources from the production area to the consumption zone.
Energy shortages are one of the biggest challenges facing Africa, so any investor providing energy at competitive prices will find many of his clients, making the energy sector one of the most promising sectors in Africa.
E-commerce in Africa is still in its early stages, and one of the biggest challenges facing this sector is online fraud, making it a great opportunity for anyone who enters the sector and offers the advantage of reducing the risk of fraud, providing a user-friendly service will contribute significantly to Gain their trust.
Protection of intellectual property rights and patents
It is anticipated that Africa will need to provide IPR protection services, making companies need to monitor any theft or piracy and take action to protect IPRs.
Building a platform that allows interaction between citizens and the government and sharing ideas and opinions about the actions being implemented would provide a transparent government. This represents an opportunity for investors to launch such platforms and get a high return on investment.