In 2015, Africa will undergo tremendous changes. Here at Africa
Analyst, here are the four major points we think will shape Africa in
2015.
1. Faster economic growth
Many
countries will continue to grow their economies faster, and pay credence
to the Africa rising narrative. Already, six of the ten fastest growing
economies in the world are in Africa, and we must do as Africa is to
consolidate these gains. However, the challenge will be in how the gains
of this economic growth are spread.
2. Booming real estate sector.
The
real estate sector in the continent is set to undergo tremendous
growth, and cities such as Luanda in Angola will remain areas where
property prices will be particularly high. However, the growth in real
estate sector must not be to the detriment of other sectors of the
economy.
3. Booming IT sector.
The IT
sector could be the real game changer in Africa. However, more must be
done to move this palpable sense of growth from hype to reality.
Already, many incubation centers such as Ihub in
Kenya
and Hypercube in Zimbabwe are set to transform the sector in Africa.
Mobile money transfer will also be a growing area, and this sector will
continue to contribute to Africa's growth trajectory.
4. Increased Political Stability.
Even
though there are instabilities here and there in Africa, there will be
more African Presidents that will retire peacefully, and more countries
will hold peaceful elections. Military coups, as all of us hope, will
soon be a thing of the past.
We are Home of Compassionate Conservatism. (Capitalism with a Human Face). What's The Sweet Spot Between Those Who Believe Behind Every Great Fortune is a Great Crime and Those Who Believe Creative Genius Entrepreneurs are a shrinking lot throughout the world and must be rewarded With Infinite Quadrillions? Editor: Koni Okango Mabinda. Email Contact:info@africa54.co.ke Physical: Bidii Farm, Kitale, Kenya.
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