Based on a report posted by United Nations says , Africa is expected to experience a populations growth 1.3 billion of the total 2.4 billion global population growth. That is more than half of the expected global population growth between now and 2050. In recent times, it has been noticed that today’s Africa no longer rely solely on traditional income sources, a look around the continents of Africa shows that entrepreneurs are finding new way to build business that can make them financially independent and also make better the economy growth of Africa.
In the below infographic, we’ve shown some of the sectors that are showing really interesting growth rate, and also some companies that are leading the way towards African economy growth. From renewable energies to medical technology, from Kenyan’s sponsor of an English Premier League football club, to a Nigerian tech company with the view of helping hospitals in search of safe blood supplies via SMS and also companies changing goods and services’ payment method, there is definitely lots of business inspiration present here in Africa.
As an individual, SME or company, Where are you finding your growth in Africa?
However, one thing that is sure is this, regardless of your sector, government regulations are bound to have one impact or the other on your business. Not sure of how these regulations might affect your company’s finance/salaries in the nearest future? Don’t worry, Our Sage salary tax calculator can help you take the guesswork out, so that you can focus more on building your business.