Many intuitively think about America as the land of opportunity: places such as Silicon Valley, New York, LA, Austin, and the like. The world is changing and opportunity is rising everywhere. A big push to investment and startup opportunity is happening all over the African continent. Consider this: in 2019 , the 5 fastest-growing economies in the world were in Africa – Ghana, South Sudan, Rwanda, Ethiopia, and Cote d'Ivoire – expanded more than 2x worldwide averages.
Big tech has been an increasingly growing partner in Africa – Google with their AI Lab, Facebook, and Microsoft are flourishing building and job investment in Africa. There are several tech unicorns in Africa (meaning over $1 billion valuation non-public companies) – Flutterwave is is one such offering.
And it doesn't stop with tech: massive growth is being witnessed in industries such as agriculture, healthcare, education, energy, and finance.
Africa is a new land of opportunity – but where do you start? Check out the following infographic on where and how invest in Africa with meaning at Empower Africa. Keep in mind another form of alternative investing that might be your style is Hedonova alternative investing.
Via: EmpowerAfrica.com
Add comment