7 Africa thriving cities

Buzz about Africa being the next hub for new, thriving economies is hard to miss.

The African continent is deemed the world’s fastest growing economy with 5 to 6 percent growth rate over several years. With a steadily growing population (it is predicted that a quarter of the world’s population will be African in 2050), this renewed attraction to Africa is rather well-needed.

Financiers and business people across the globe are constantly looking to invest in Africa, but the continent is large and full of variety, making a “one rule fits all” almost impossible to apply. A research by hotel booking platform Jovago, revealed these top seven business destinations. They particularly stand out in their regions in terms of their strategic locations, economic sectors and peculiar cultures.

WHY MOST PEOPLE DON'T DO WELL IN THE OFFICE OR WORK ENVIRONMENT...

(A) Working in any office setting or environment requires more than just certificate in our complex world today. The best that the certificate can do for you is just to open doors. 

 

Working life is not easy any more. There are more threats, as well as opportunity too.

In today's complex world of work, the rules of working had changed. We can all counts number of people that get promoted that do not deserve to be. Come to think of it, we also know a lot that deserve to get promoted, but haven't been. But however, there is a good news. The good news is on the need for all working people to embrace the principles and applications of emotional intelligence, if they want to move ahead.

Emotional intelligence is the single highest contributor to making success out of oneself.

There are plenty of educated people who never make it. Some of them have great ideas but don't have the motivation. And then there are the ones who have not succeeded because they lack social skills.

Ecommerce the epicenter of Africa’s thriving economy

E-commerce is at the epicenter of Africa’s thriving economy. With INTERNET penetration rapidly spreading across the region, this represents huge potential which has hitherto been untapped. Africa Internet Group, one of the continent’s leading e-businesses, ranks Africa’s top seven e-commerce friendly countries.

Ecommerce the epicenter of Africa’s thriving economy

E-commerce is at the epicenter of Africa’s thriving economy. With INTERNET penetration rapidly spreading across the region, this represents huge potential which has hitherto been untapped. Africa Internet Group, one of the continent’s leading e-businesses, ranks Africa’s top seven e-commerce friendly countries.

Africa is a burgeoning and largely unexplored consumer market. According to McKinsey and Co. consumer facing industries in Africa are predicted to grow by over US$400-million in 2020. This includes e-commerce, which is gaining momentum throughout the region.

AIG, an internet platform with nine companies active in over 25 countries across Africa, evaluated the top seven countries for technology and e-commerce growth in the region, with the help of independent studies, field surveys and research. McKinsey offers a new and insightful way to estimate the importance of ecommerce — known as iGDP, it measures the percentage that ecommerce contributes to the GDP of a country. iGDP presents a realistic picture of how e-commerce shapes the economy of a country.

Below is a list of the top seven countries in Africa where iGDP is significant and why it is in the spotlight for AIG’s ventures, investors and venture capitalists.

Senegal:
This country leads the pack in Africa with an iGDP of 3.3%. Initiatives like the Jjiguene Tech Hub – Jjiguene means ‘woman’ in Wolof – are designed by women for women in Senegal, it aims to help women enter the world of IT driven businesses. The potential for this initiative has been recognized by a number of investors including IT giant Microsoft.

Kenya:
Close on the heels of Senegal is Kenya, with an iGDP of 2.9%. The previous president of Kenya launched a $14.5bn project earlier this year to build a city to shape African tech businesses –

The 7th Month

Double Cover Edition

Enjoy our Double Cover Edition this JULY....................................

Short Profile of the Face of Possibilities Africa Magazine May/June Edition

Basetsana Kumalo is an experienced and well established Business woman. She is the Executive Chairman and CEO of Basetsana Woman Investment Holdings (Pty) Ltd.

Basetsana is one of south Africa's leading Business women and has already made her mark in various communities, business and government arenas.

She is a philanthropist at heart with her interests being in Mining, Property, Media and Technology.

Basetsana also sits on the Boards of:

Unipalm Investment Holdings

PHAB Holdings

Leungo Investment Holdings

Uzalile Investments

Basetsana, former President of the Business women’s Association of South Africa is the Executive Chairman of Tswelopele Productions, a television production company which produces Top Billing, Pasella, Ses’Khona amongst others. A Director at Travel with Flair, she also owns her own optical, sunglasses and cosmetic range.

She is a philanthropist at heart and is a Board Member of the following NGO Charities:

Nelson Mandela Institute

Siyahamba

Joybringers

Childline

Lovelife

Life College

The following companies have been represented by Basetsana in her capacity as a Brand Ambassador/Spokesperson: