Now is an unprecedented time to invest in the continent of Africa – the new land of opportunity.  Learn more on how to be a member becoming a part of meaningful growth in Africa in the infographic below:

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Investing In Africa:

The New Land Of Opportunity


In 2019, the 5 fastest-growing economies in the world were in Africa — expanding at more than 2X the rate of the worldwide average


Now Is The Time To Invest In Africa

  • Big Tech Expanding In Africa

    • Google AI Lab — Accra, Ghana

      • Focus on 

        • Applying new AI solutions to local challenges

        • Diversifying the datasets used to train AI

        • Improving Google Translate’s ability to capture African languages 

    • Facebook Offices — Lagos, Nigeria

      • Plans include 

        • New tech hubs for startup development

        • 37,000 km of underwater internet cable encircling the continent

    • Microsoft Africa Development Center (ADC) & Microsoft Africa Research Institute (MARI) — Nairobi, Kenya

      • In its first 5 years, the ADC plans to invest $100 million in new tech

      • MARI is focused on improving productivity using AI and cloud tech

  • Africa makes up 16% of the world’s population and just 3% of global GDP — But that disparity won’t last long

    • Today, Africa is growing faster than any other region — By 2025

      • 65% of African households will be middle class

      • The working-age population will surpass both China and India

      • Nearly half of the continent’s population will live in large cities

      • Africa’s GDP growth will reach $4.5 trillion

    • Africa is the only continent poised to achieve double-digit economic growth in the next decade


Today, more Africans are engaged in entrepreneurship than anywhere else in the world


Entrepreneurship & Opportunity

  • 22% of Africa’s working-age population are starting businesses

    • Nearly 70% of African students pursuing MBAs in the top 10 US and European school plan to return home after graduations

      • Most talented young Africans plan to return, and many will start their own businesses

  • Uganda has the highest percentage of female-owned businesses in the world — closely followed by Botswana

    • 27% of African women are engaged in early-stage entrepreneurship

      • African women are 2X as likely to start a business as women elsewhere in the world

    • BUT, African women still face barriers to success, including lower wages, less venture capital, and starting as industry outsiders

      • The gender wage gap costs sub-Saharan economies $105 billion a year — 6% of GDP

The Africa Continental Free Trade Area (AFCTA) is a newly signed deal across Africa* to create

a single continental market for goods and services, with free movement of business persons and investments *except for Eritrea


  • Core Industries & Opportunities

    • Agriculture: 60% of the world’s arable land is in Africa — Yet, sub-Saharan Africa imports $15 billion in food crops every year

      • Yields could triple with investments in infrastructure and agricultural inputs

      • Up to 12% of harvests are lost  — largely due to poor storage conditions

    • Healthcare: Africa has 16% of the world’s population and just 2% of the world’s doctors

      • High demand for healthcare has created a growing market for health tech

      • By 2024, the African healthcare sector will reach over $37.1 billion

    • Education: In sub-Saharan Africa, more children are finishing primary school in sub-Saharan Africa than ever  — 1 in 5 are still out of school

      • 2020 brought a 97% increase in child users of ed-tech

      • There’s still room to grow — Just 28 million of 450+ million children are currently benefiting 

[Call Out: If all 15-year-olds completed basic education, Ghana’s economy would grow by over 3,800% — South Africa’s by more than 2,600%]

  • Energy: Many African countries are far ahead of Western countries in terms of sustainable energy use

    • UK & US source only 11% of their energy from renewable sources

    • Kenya sources 13% from geothermal 50% from hydroelectricity

  • Finance: By 2022, banking revenue in Africa will reach $129 billion — Mobile payments outpace traditional banking

    •  80% of African people have access to a mobile phone

    •  In 2019, mobile transactions in sub-Saharan Africa valued $456.3 billion


Foreign investments in Africa show higher returns than any other developing region


  • Twiga Foods (Kenya)

    • Business-to-business marketplace platform that sources products directly from farmers and delivers it to urban retailers

    • $107 million in funding


  • Farmcrowdy (Nigeria)

    • Digital platform that connects investors to farmers through sponsorship packages to fund higher yields for a share of the returns

    • $15 million deployed to farming in the past 3 years 


  • iProcure (Kenya)

    • One of the largest supply chain platforms in Africa, connecting small-scale farmers to manufacturers of agricultural inputs such as animal feed, fertilizers and permitted plant protection products for use in organic farming

    • $15.1 million in sales


  • Khula App (South Africa)

    • App that creates “one big virtual farm” consisting of multiple emerging farms to crowd-source and deliver on bulk orders from supermarkets, restaurant chains and for home delivery by geolocation


  • Paystack

    • 60,000 customers

    • Acquired by Stripe


  • Flutterwave

    • Raised $170M

    • now valued at over $1B


Start Investing In Africa Today

  • In 2018, total startup funding in African grew by 4X — and funding deals doubled

    • In total, startups raised $725.6 million in 458 deals — setting a new record high

    • The top 30 startups are receiving rounds of over $5 million

  • Empower Africa Business Network

    • Gain exposure and present your products and services

    • Find partners to implement, operate, and expand your business

    • Source expertise and capital to expand your operations

Be a part of meaningful growth in Africa.

Become a member today!


empowerafrica.com/network

© 2021 Empower Africa. All rights reserved.

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