• What we do
  • The People
  • About Us
  • Why Innovation Africa
  • Contact Us
Innovation AfricaCreating the Future Today
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
Menu
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
  • Infographic: Why it’s Africa’s turn for an economic boom

    October 12, 2013 Editor 0

    Africa now has a $2 trillion economy, and it’s poised to keep growing–fast.

    A click-through infographic in the Harvard Business Review blog shows seven reasons why Africa’s economy is growing faster than those of all other continents, and why its global economic spotlight will beginto shine brighter.

    Here are some of our favorite, most promising factors driving the economic explosion:

    Reason number 1: It’s a huge market opportunity. The map shows Africa’s relative size, but beyond that, it’s urban population and middle class keep growing, meaning more people are able to pay for goods and services than ever before.

    Reason number 3: Internal trade is picking up. New companies popping up and trade barriers falling mean growing trade within the continent.

    Reason number 4: Soon home to the world’s largest workforce. By 2050, one quarter of the world’s workers will be African.

    Reason number 7: Most available cropland is African land. More than 60 percent of the world’s potential farmland is on the African continent. That, combined with other newfound resource supplies, will continue to drive foreign investment.

    Click through all seven reasons and see the future of promising growth in Africa’s frontier markets.

     

    An infographic from Harvard Business Review shows Africa’s potential for economic growth. Image: Harvard Business Review blog

    Go to Source

    Related Posts

    • 11th International Economic Forum on Africa
    • Time for a more collaborative approach to investing in AfricaTime for a more collaborative approach to investing in Africa
    • What Tomorrow’s Leaders Are Learning in Africa Right NowWhat Tomorrow’s Leaders Are Learning in Africa Right Now
    • Nano ‘tea bag’ purifies waterNano ‘tea bag’ purifies water
    • The Impact of Gender on Start-up Capital: A Case of Women Entrepreneurs in South AfricaThe Impact of Gender on Start-up Capital: A Case of Women Entrepreneurs in South Africa
    • THE AFRICAN ENTREPRENEURTHE AFRICAN ENTREPRENEUR
    Sovrn
    Share

    Categories: Development, Feature Articles

    Tags: africa, african development bank, Harvard Business Review, Social Issues, sub-saharan africa

    3 Factors Required for Success with Mobile Technologies for Development Make Your Innovative Idea Seem Less Terrifying

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

Subscribe to our stories


 

Recent Posts

  • In pictures: the 2019 Africa RISING Tanzania monitoring visit August 30, 2019
  • Active Internationalization of Software Enterprises: Scale Development and Validation August 30, 2019
  • The Manager’s Guide to Leveraging Disruption August 30, 2019
  • Key take-aways from a recent Africa RISING exchange visit in Ghana August 30, 2019
  • Device that recycles vaporized water from power plants wins MIT $100K May 28, 2019

Categories

Archives

Popular Post-All time

  • A review on biomass-based... 697 views
  • Prize-winning projects pr... 492 views
  • Can blockchain disrupt ge... 477 views
  • Test Your Value Propositi... 441 views
  • Apply Now: $500,000 for Y... 394 views

Recent Posts

  • In pictures: the 2019 Africa RISING Tanzania monitoring visit
  • Active Internationalization of Software Enterprises: Scale Development and Validation
  • The Manager’s Guide to Leveraging Disruption
  • Key take-aways from a recent Africa RISING exchange visit in Ghana
  • Device that recycles vaporized water from power plants wins MIT $100K
  • Why Do Foreign Investors’ Attitudes toward Women Matter?
  • When less is more: coordinating innovation in open versus closed source software development
  • Social entrepreneurship: an emerging market perspective, some fresh evidence from Ghana
  • Influence of personal traits on social entrepreneurship intention: an empirical study related to Tunisia
  • Towards Innovation in Multinational Corporation Subsidiaries: Development of an Instrument to Select and Evaluate Value Driven Strategies

Tag Cloud

    africa African Agriculture Business Business model Business_Finance Company Crowdsourcing data Development East Africa economics Education Entrepreneur entrepreneurs Entrepreneurship ethiopia ghana Health_Medical_Pharma ict Information technology Innovation kenya knowledge Knowledge Management Leadership marketing mobile Mobile phone nigeria Open innovation Organization Research rwanda science Science and technology studies social enterprise social entrepreneurship south africa Strategic management strategy tanzania Technology Technology_Internet uganda

Categories

Archives

  • A review on biomass-based hydrogen production for renewable energy supply 697 views
  • Prize-winning projects promote healthier eating, smarter crop investments 492 views
  • Can blockchain disrupt gender inequality? 477 views
  • Test Your Value Proposition: Supercharge Lean Startup and CustDev Principles 441 views
  • Apply Now: $500,000 for Your Big Data Innovations in Agriculture 394 views

Copyright © 2005-2017 Innovation Africa Theme created by PWT. Powered by WordPress.org