Presently, a few interesting companies and initiatives are attaining successes that are remarkable 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 a amazing training model of low-cost main schools that enable students to pay for only $1 each day as college charges.

Another business that is interesting Africa’s education scene is Andela. Through its free and very rigorous training curriculum, Andela develops promising African talents into high class software designers that are hired away to the kind of Microsoft along with other technology leaders in america and European countries.

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

Andela recently attracted ten dollars million in investment and it is on course to coach 100,000 top notch African computer software designers over a decade.

6) African Art

Picture credit: CNN Africa Startup

Just how much you think African art is well well well worth today?

You’ll be surprised.

In November 2014, an accumulation classic African art from Mali, Gabon, Congo and Liberia had been offered in nyc at Sotheby’s for the record-breaking cost of $41 million. This is actually the biggest ever amount sugar daddy search Springfild discovered through the purchase of African art in the united states.

Lately, 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, among the greatest costs ever fetched by the task of an native artist that is african.

After years of neglect, both traditional and modern works of African art are attracting high costs within the world’s major art areas.

In 2016, more investors and enthusiasts is going to be upping the need for African art, and much more millionaires will likely to be produced in the procedure.

7) Shopping

Image credit: techmoran.com

In 2016, the Mall of Africa will open in South Africa april. This massive 131,000 square metres of retail area could be the biggest retail complex in Africa ever become built within one period.

Recently, the 2 streams mall exposed in Nairobi, Kenya. It’s the shopping mall that is largest of their 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 taking place in real chains that are retail.

e-commerce leaders like Konga and Jumia have become quite impressively within the last couple of several years. Both internet-based retail companies will have a worth that is combined of $1 billion.

In reality, the battle ground for Africa market that is’s retail 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 search straight from merchants in america, British and Asia.

Africa is currently one of many quickest growing retail areas in the whole world. A sizable and growing class that is middle increasing regional spending energy, and a growth when you look at the number of expat employees are fueling the shopping trend from the continent.

8) Apps and Online Solutions

There’s a revolution that is digital over Africa. Today, numerous solutions are in possession of a software or ‘re going online. Africa’s electronic economy keeps growing actually fast.

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

If you’re interested in an appropriate resort accommodation in Nigeria, Hotels.ng and Jovago.com are now actually the largest online solutions in the resort scheduling business. Recently, Hotels.ng attracted an investment of $1.2 million.

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

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 and never having to pursue artisans or concern yourself with quality, there’s an on-line solution for that too. Showroom.ng is a Nigerian startup that’s changing exactly just how individuals purchase furniture in Africa’s biggest economy.

In 2016, more apps and online services will introduce across Africa to fix problems and give value. And much more millionaires will likely be produced in the method.

9) Re Re Re Payment Solutions

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Every in Africa, over $100 billion in transactions are still done in cash year. This gift suggestions a big and profitable monetary services opportunity for savvy business owners.

Since M-Pesa had been introduced in East Africa, the transformational mobile-based cash transfer and repayment solution has turned out to be phenomenal in Kenya and Tanzania, where in actuality the platform handles over 200 million person-to-person transactions each year.

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

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