Presently, a few interesting companies and initiatives are achieving 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 as little as $1 on a daily basis as college charges.

Another business that is interesting Africa’s education scene is Andela. Through its free and extremely rigorous training curriculum, Andela develops promising African talents into top quality software designers who’re hired down to the kind of Microsoft as well as 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 10 years.

6) African Art

Picture credit: CNN Africa Startup

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

You’ll be surprised.

In November 2014, an accumulation traditional African art from Mali, Gabon, Congo and Liberia ended up being offered in ny at Sotheby’s for the record-breaking cost of $41 million. This is actually the biggest ever amount noticed from the sale of African art in america.

Not long ago, a collection of wood sculptures because of the Nigerian musician Ben Enwonwu offered in London for over $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 costs ever fetched by the task of a native African musician.

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

In 2016, more investors and enthusiasts would be upping the need for African art, and much more millionaires is going to be manufactured in the method.

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 room may be the biggest retail center in Africa ever become built in a single stage.

Recently, the 2 streams mall opened in Nairobi, Kenya. It’s the shopping mall that is largest of its type any place in East Africa.

Throughout the continent, both regional and worldwide supermarket brands like Shoprite, Game, Checkers, Woolworths, Edgars and Spar are expanding while they scramble for virtually any inches of available area in shopping and retail infrastructure developments.

Interestingly, the battle for retail supremacy in Africa is not just taking place in real retail chains.

e commerce leaders like Konga and Jumia have become quite impressively within the last couple of years that are few. Both internet-based retail companies are in possession of 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 search directly from stores in america, UK and Asia.

Africa happens to be one of several quickest growing retail areas in the whole world. A sizable and growing middle-income group, increasing neighborhood investing energy, and a growth into 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 will have an software or are getting online. Africa’s electronic economy keeps growing actually fast.

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

If you’re seeking a hotel that is suitable in Nigeria, Hotels.ng and Jovago.com are actually the largest services that are online the resort booking business. Recently, Hotels.ng attracted a good investment of $1.2 million.

Should you want to view African films on the fly, there’s a software for that. IrokoTV is definitely a software that offers you access to 5,000+ African movies on your cellular phone.

In January 2016, IrokoTV secured one more $19 million in investment capital to grow its existence across Africa.

If you’d like to order bespoke furnishings and never have to follow artisans or be concerned about quality, there’s an on-line solution for that too. Showroom.ng is a Nigerian startup that’s changing just exactly exactly exactly how individuals purchase furniture in Africa’s economy that is biggest.

In 2016, more apps and online solutions will introduce across Africa to fix dilemmas and give value. And much more millionaires will likely to be built in the procedure.

9) Payment Solutions

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Every 12 months in Africa, over $100 billion in deals are nevertheless done in money. This gift suggestions a massive and profitable services that are financial for savvy business owners.

Since M-Pesa ended up being introduced in East Africa, the transformational mobile-based cash transfer and repayment solution has became phenomenal in Kenya and Tanzania, where in actuality the platform handles over 200 million person-to-person deals on a yearly basis.

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

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