Four-point guide on building successful businesses in Africa

Four-point guide

The most profitable businesses are those that solve problems through innovation. PHOTO | POOL

Economists have long referred to Africa as the ‘next global growth market.’ Numerous findings support this claim. For example, a recent report by World Bank shows that six of the 10 fastest-growing economies are in Africa. Over the past decade, Africa’s gross domestic product grew at twice the rate of the preceding two decades.

Several models of Africa’s potential as a viable environment for entrepreneurship continue to prove that the continent is the next frontier for aspiring entrepreneurs.

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Note: The results are not exact but very close to the actual.