iAfrica Business Center aggregates key industry publications, authored research, investor spotlights, investment and trade profiles, articles and interviews, trade agreements, government agencies, fact sheets and country-specific market reports, among others. The core purpose of iAfrica Business Center is to facilitate the sharing of knowledge.
“African markets hold many untapped opportunities for investors and companies – and capitalizing on them would create jobs and improve lives.”
– Michael R. Bloomberg,
Founder, Bloomberg LP and Bloomberg Philanthropies
Mayor, New York City (2002-2013)
AFRICA: THE WORLD’S NEXT GROWTH FRONTIER
With interest in the continent growing exponentially, some of today’s newest business players are originating from non-traditional regions such as South America, Eastern Europe, the Gulf, and Africa itself. While well-established and new partners from Europe, North America, and Asia continue to be valued, it is interesting to note that the private sector’s scope of attention is increasingly widening to include, especially among new-comers, consumer-market industries including food, IT, tourism, finance, and retail.
Those who have been paying attention to Africa have seen these amazing figures: a GDP in excess of $2 tn, a growing middle class of over 313 million consumers, consumer spending breaking through the one trillion dollar mark and projected to reach $1.4 tn by 2020, a labour force estimated at 382 million people and expected to grow to over 500 million by 2020, and the youngest population in the world, which tomorrow will yield the lowest dependents to workers ratio in the world.
1. Food, agriculture and agro-processing to feed the hungry mass market and export to other regions
2. Energy especially solar and other alternative energies due to abundance of it.
3. Health care due to the burden of disease and the rising population.
4. Transport to transport people and commodities.
5. Water purification because the commodity is becoming scarce.
6. Clothing and luxury commodities to satisfy needs of the rising middle class.
7. Technology which should be simple and appropriate for the mass market.
8. Technology and communication because many areas still remain with poor coverage.
9. Housing and real estate to accommodate the population.
10. Tourism and entertainment which remains weak and in demand.
Africa remains the final frontier for development because of its vast unexplored potential for investment. All you have to do is look close and make the first move in making the continent come running to your door step to procure your good or service.
Africa Expert Network
AXN is an information brokerage and expert connection service that offers access to a proprietary network of over 500 subject matter experts in African markets to companies and investors seeking real-time, granular business insights.
Asoko Insight provides superior data on Sub-Saharan African companies, public and private, to help clients identifyleads, research investment opportunities and monitorcorporate developments.
EMPEAEMPEA is the global industry association for private capital in emerging markets. EMPEA is an independent non-profit organization with over 300 member firms, comprising institutional investors, fund managers and industry advisors, who together manage more than US$1 trillion of assets.
Africa Business Portal
Africa Business Portal helps U.S. Companies find success in Africa – a place filled with people and companies to help you build a strong professional network. Imagine…experience advisors, collaborators, investors, training opportunities and essential resources all in one place.
The Africa Trade Development Center (ATDC)
Dedicated to facilitating and promoting bilateral trade between the regions of Africa, United States and the Americas. Its primary mission is to provide trade development services to manufacturers, and importers and exporters of goods and services from Africa and the Americas.
Millennium Challenge Corporation
The Millennium Challenge Corporation provides countries that are committed to good governance, economic freedom, and a willingness to invest in their citizens with large-scale grants to fund country-led solutions for reducing poverty through sustainable economic growth. Countries with signed compacts solicit, award, and administer procurements for goods, works and services based on the programs designed in their Compact. Because of MCC involvement these procurements are governed by the Federal Acquisition Regulation. MCC’s contracts, grants, and procurements are listed on the Federal Business Opportunities web site.
The African Development Bank
African Development Bank works to promote sustainable economic growth, allocate resources for investment in its regional member countries, provide policy advice and technical assistance to support development efforts, and reduce poverty in Africa.
The African Women Entrepreneurs Program (AWEP)
The African Women Entrepreneurs Program (AWEP) is a U.S. Department of State-led trade and investment initiative which has grown to a network of more than 1600 women organized in 22 chapters across the African continent who have created more than 17,000 jobs across the African continent.
The World Bank Group
World Bank Group provides sources of financial and technical assistance to developing countries around the world in order to end extreme poverty and promote shared prosperity by fostering the income growth.
Global Tenders provides access to one of the largest databases of international and national tenders, competitive bids, procurement news, and project information from all over the world.
Devex provides services linking development experts with professional service opportunities that can help to make development aid more efficient.
DGMarket provides tender notices, procurement opportunities from over 170 countries and tenders from international development agencies.
InfoTrade 2000 provides tenders sorted out by sectors of activities and by geographic areas, on the domestic and international area.
Development Business, an official United Nations website, provides consulting, contracting and export opportunities worldwide.
The Africa Investment Watch List
The Africa Investment Watch List is a new report designed to help private equity (PE) firms identify new investments and trends in Sub-Saharan Africa. Built by the Africa Expert Network (AXN) and Asoko Insight, in collaboration with EMPEA, Watch List provides a small window into these firms’ ability to support investors as they discover and vet the most lucrative deals on the continent .