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Dec 14, 2022 · The United States plans to commit $55 billion to Africa over the next three years, White House national security adviser Jake Sullivan told reporters on Monday.
- Dropshipping. Africans can earn a desirable income from the dropshipping market which was estimated at $128 billion as of 2020. According to the Market Data Forecast, dropshipping should record a CAGR of 32% from 2021 to 2026.
- Freelancing. Have you ever wanted to earn a decent income with your practicable skills without leaving your home? Well, there is no better way to earn remotely than freelancing.
- Cryptocurrency. According to Forbes, the African cryptocurrency market grew in value by over 1,200% over the past year. The market presents profit opportunities for prospective investors to earn money in 2022.
- Course Creation. According to a global market insight report, the e-learning industry is a profitable market. It exceeded $250 billion in 2020. Furthermore, the report anticipated a CAGR over 21% between 2021 and 2027.
- Emmanuel Abara Benson
- Copia Global. On January 20th, this Kenyan e-commerce startup announced that it had raised $50 million in a Series C round that was led by Godwell Investors.
- mPharma. ADVERTISEMENT. This Ghana-headquartered but Pan-African healthtech startup was among the very first to announce a funding round in 2022. The company raised $35 million in a Series D funding round that was led by JAM Fund, Unbound, Lux Capital, Northstar, Social Capital, etc.
- Asaak. Earlier this month, this Ugandan fintech startup announced that it had raised $30 million in a pre-series A funding round. The round was split between equity and debt and led by some notable investors including Resolute Ventures, Social Capital, Founders Factory Africa, etc.
- Poa Internet. This is another Kenyan company. And as its name indicates, it specialises in internet service provision. Earlier this month, Poa Internet announced that it had raised the sum of $28 million during a Series C round.
- Media and Entertainment. Africa’s film industry has become a global and cultural phenomenon that enjoys a huge following within and outside the continent.
- Food & Agribusiness. The opportunities in Africa’s food and agribusiness space remain huge and will not go out of fashion anytime soon. With over one billion people to feed, Africa’s food and agribusiness market is a multi-billion dollar opportunity for entrepreneurs who know where to look.
- Retail. Africa’s retail market is a multi-billion dollar business opportunity. In addition to its over 1 billion population, more Africans are buying stuff due to their growing economies, rising middle class, and rapid urbanization.
- Fashion & Beauty. Africa’s fashion and beauty market is developing at an impressive rate. The continent’s overwhelmingly young population provides a ready market for trendy fashion.
Jan 20, 2022 · The World Bank Group Board of Executive Directors today approved South Africa’s request for a $750 million development policy loan (DPL). This loan will support the Government of South Africa’s efforts to accelerate its COVID-19 response aimed at protecting the poor and vulnerable from the adverse socio-economic impacts of the pandemic and ...
Jan 23, 2022 · Mega-rounds saw Revolut raising $800 million and Chime $760 million. Mergers and acquisitions (M&A) are still the primary way to exit fintech investments rather than initial public offerings...
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Dec 30, 2021 · Marriage, houses, jobs and cars were some of the things on people’s wishlists that flooded the TL via the hashtag #ThingsIwantIn2022. Less corruption, an effective government and youth employment...
