There are many business and investment opportunities in Africa. The opportunities are limitless, literally. However, at Africa Shine, we believe that you could create opportunities in these five broad areas. In no particular order, these goldmine areas are:
1. Media and Content
The search for informative and entertaining content is on, and whoever will provide us with content that is vital, even entertaining will reap in big. The media and film industry, as well as all the content development people will thus set to reap in big.
2. Agribusiness
Food will be the new gold in this century. If you are a farmer, it is that time to think of farming as a form of business, and you will reap big. Food prices are increasing as food sources become scarce. What's more, consumers are paying more attention to the quality of food, and farmers that practice the highest quality of
farming can be assured of tremendous gains.
3. Consumer Goods.
The number of middle class Africans is increasing, and with it, comes more purchasing power. According to a widely cited report by MCkinsey, African consumers spent about $800 billion in 2014, which was more than the $600 billion spent by Indians.
4. Fashion, beauty, and cosmetics.
As we pay more attention to how we look, and how we dress, fashion and beauty are going to be even more important. African fashion is beginning to gain more traction, and it is starting to get international, which means that African fashion designers will likely reap in big in due time to come.
5. Real Estate
As the rural urban migration in Africa increases, the continent will be in great need for housing and real estate. As multinational and oil companies want to set up shop in Africa, they will be in need of space, which will further increase the cost of real estate. According to a widely cited real estate index, Luanda, the capital of Angola, is the most expensive city in the world.
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