Post by Dr. Shola Ogunniyi

🌍 “Africa is the Next $100 Million Market — and Beyond.” This brilliant video summarizes Africa. Here’s the reality 👇🏽 ⚡Africa has 54 markets — and we’re just getting started. ⚡In 7 years, Africa will be home to a third of the world’s youth. ⚡By 2050, 1 in every 5 Internet users will be African. ⚡In 2018, retail spend hit $1.4 trillion — two-thirds on consumer goods. ⚡And when it comes to profitability? Africa leads the world, second only to East Asia. These aren’t just numbers. They’re signals. Signals that Africa isn’t the next frontier — it’s the frontier. There is huge potential for growth in every sector, Nigeria’s population for example is projected to be around 263 million in 2030 (5 years time), and around 400 to 450 million by 2050 (in 25 years), this is scary, but it’s an opportunity. We need more power, more schools, more sustainable transportation, more energy, more hospitals, more food, more security, more more. From food to energy to mobility, from micro-industries to digital finance to health care, from waste management to logistics to education — Africa’s growth story will be written by those who see potential where others see problems. The real question isn’t “Is Africa big enough?” It’s — are we thinking big enough for Africa? VIDEO CREDIT - INTERNET

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