With among the world’s youngest populations (over 50 per cent of Africans are more youthful than 31), the continent is rich with innovative and talent that is innovative. But, bad use of quality training is a significant hazard to Africa’s peoples money.

Presently, a few interesting organizations and initiatives are attaining remarkable successes as 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 cover only $1 on a daily basis as college costs.

Another business that is interesting Africa’s education scene is Andela. Through its free and training that is highly rigorous, Andela develops promising African talents into top quality software developers that are hired down to the kind of Microsoft as well as other technology leaders in the united states 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 software that is african over 10 years.

6) African Art

Picture credit: CNN Africa Startup

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

You’ll be surprised.

In November 2014, an accumulation of traditional African art from Mali, Gabon, Congo and Liberia had been sold in nyc at Sotheby’s for the record-breaking price of $41 million. This is basically the biggest ever amount noticed through the purchase of African art in america.

Not long ago, a couple of wood sculptures by the Nigerian musician Ben Enwonwu offered in London for more than $500,000, 3 times the price that is expected.

“” New world “” Map, the aluminium and copper sculpture of El Anatsui, the Ghanaian musician, offered for approximately $767,000, one of many greatest rates ever fetched by the job of a native artist that is african.

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

In 2016, more investors and enthusiasts are going to be upping the interest in African art, and more millionaires may be manufactured in the method.

7) Shopping

Image credit: techmoran.com

In April 2016, the Mall of Africa will start in Southern Africa. This massive 131,000 square metres of retail area may be the biggest retail center in Africa ever become built in a single period.

Recently, the 2 streams mall exposed in Nairobi, Kenya. It’s the biggest plaza of their sort 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 cultivated quite impressively within the last few years. Both internet-based retail organizations currently 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 e-commerce entrants like Mall for Africa and Shop to my Door now make it easy for Africans to look straight from merchants in america, UK and Asia.

Africa happens to be among the quickest growing retail areas in the planet. A big and growing class that is middle increasing regional investing energy, and a growth within the number of expat employees are fueling the shopping trend in the continent.

8) Apps and Online Solutions

There’s a digital revolution taking over Africa. Today, numerous solutions currently have an application or ‘re going online. Africa’s electronic economy keeps growing actually fast.

Today, there’s nearly an application or service that is online whatever you want.

If you’re interested in the right resort accommodation in Nigeria, Hotels.ng and Jovago.com are actually the greatest online solutions in the resort booking business. Recently, Hotels.ng attracted a good investment of $1.2 million.

If you’d like to view movies that are african the fly, there’s an application for the. IrokoTV is a software that offers you access to 5,000+ African movies on your cellular 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 without the need to pursue artisans or be concerned about quality, there’s an on-line solution for that too. Showroom.ng is just a Nigerian startup that is changing just just how individuals purchase furniture in Africa’s biggest economy.

In 2016, more apps and online solutions will introduce across Africa to fix dilemmas and value that is provide. And much more millionaires would be manufactured in the method.

9) Re Payment Solutions

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Every in Africa, over $100 billion in transactions are still done in cash year. This presents a massive and profitable services that are financial for savvy business owners.

The transformational mobile-based money transfer and payment service has proved to be phenomenal in Kenya and Tanzania, where the platform handles over 200 million person-to-person transactions every year since M-Pesa was introduced in East Africa.

Various other areas of Africa, there was a huge scramble for Africa’s next big bucks transfer and re re re payment solution.

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