The life of an entrepreneur is characterised by a constant search for investment opportunities. Business and investment especially on the African continent is about looking for groundbreaking start ups and where the next billion dollar could come from. Below are some areas of investment which could be of interest to African entrepreneurs.
Energy – Africa is currently struggling with having insufficient energy and the situation is bound to stay the same for the next couple of decades.The continent is in desperate need of energy supply because this would help the environment, the economy and generally reduce poverty.The energy sector should therefore be a huge potential investment area.
Biotech – Biotech is an area of investment that has not been really explored on the African continent and yet offers amazing opportunities and returns.This can take many forms such as fighting disease, slowing aging, merging humans and computers, genetic programming, etc.
Healthcare – Healthcare remains a huge priority for many governments around Africa. Because of the broad nature of this sector, information technology remains a major need. Products like sensors, data processors and scanners are needed in many health institutions. Investing in this sector is therefore a wise decision to make.
Food and water – Water and food are essentials of life an individual or family cant go without.The gap and need for these essentials will also probably never be filled. Investing in food and water should therefore be a must.
Transportation and housing – About half of all energy is used on transportation and housing around Africa continues to get more expensive. Investment in transportation and housing is a worthwhile idea that should provide long term benefits.
Education – The first attempts to use technology to fix education have focused on using the internet to distribute traditional content to a wider audience. It is important to note however that the internet is fundamentally a different medium and capable of much more.This provides an opportunity for investment in technology in the education sector.