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19 December 2023 – For most people, the festive season is a time of giving, caring, and spreading joy. In this spirit, FNB has ushered in the 2023 festive season with a call to all South Africans to support the pillars of their communities, namely local small and medium-sized businesses. “As the festive decorations go …
As 2023 hurtles to a close, all eyes are turning to what’s in store for 2024. The Rawson Property Group’s Sales, Rentals, Commercial and Finance specialists share their analyses of this year’s key trends and events and explore the most likely shifts to occur in 2024. Residential Property Sales “Residential sales have been under a …
As an established Global entity within the top 5 Passenger Car brands in South Africa, safety is a strong brand pillar for Renault prioritising stringent safety standards within vehicle production and brand initiatives. Renault has been optimising existing safety systems and developing new ones for more than 50 years. The brand has filed over 7,000* …
PRETORIA, South Africa, 14 December 2023 – In a nation grappling with the challenges of poverty, high levels of unemployment and a lack of access to essential healthcare and education, Ford South Africa is driving positive social transformation through its impactful corporate social responsibility (CSR) programs. Ford’s unwavering commitment to creating lasting change in the country …
On 13 December, Chery South Africa and Lions Rugby Company once again picked up the charity ball and drove over the try line, when they handed out gifts to children with life threatening illnesses at the Chris Hani Baragwanath Hospital’s children’s ward. This beautiful effort by the two iconic South African brands, one from the …
14 December 2023: Gifting your loved ones with traditional gifts this festive season is great, but have you ever thought of gifting shares, ETFs, ETNs or even a Unit Trust as an investment for the future and a gift that has the ability to keep on giving? This can be an even more thoughtful way …
Over the past decade, South Africa’s steel value chain has been stretched to the limit with myriad challenges: from reduced infrastructure spend, conflicting policy implementation, to the global pandemic and more recently, national power grid supply challenges. However, the steel sector has proven to be very resilient, with strategically astute companies which survived the past …
Pretoria, South Africa, 13 December 2023: Today, Range Rover opens the waiting list for its highly anticipated Range Rover Electric, ahead of formal orders opening to clients. Geraldine Ingham, Managing Director, Range Rover: “Since going on sale in 2021 the latest generation Range Rover has set a new benchmark for desirability. Across the globe, we’re …
GWM South Africa has given the less fortunate a reason to smile this festive season. The company on Tuesday donated gifts and goodie bags worth over R100 000 to The Cradle of Hope, a not-for-profit organisation in Johannesburg that cares for vulnerable women and children. The donation, which GWM dubs “Smile in a Bag” consisted …
It was a successful year for Suzuki, one of South Africa’s favourite car brands. The company introduced several new models, including one of South Africa’s most affordable commercial vehicles, and set a number of new sales records along the way. While this would be enough for any company, Suzuki Auto South Africa also set a …
“Anything that we can do to help manage inflationary pressures, and to ensure a manufacturer can get their products to market cost-effectively – so that their customers can affordably access what they need – is always a good thing,” says Associated Energy Services (AES) Commercial Director, Dennis Williams. “As one of South Africa’s leading operations …
Despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political instability, rolling power cuts, infrastructure limitations, and several economic and social challenges, Africa will be one of the fastest-growing regions in 2024.
That's one of the key findings in the 2024 edition of the Top 100 Business Opportunities in Africa to Watch (https://apo-opa.co/47PmhYd), an annual selection of the continent's most lucrative business ideas and investment opportunities curated by Activator HQ.
Following two years of slow post-COVID recovery, 2024 presents several interesting opportunities for business startup and growth in Africa. While Nigeria, South Africa, Egypt, Kenya and countries across the continent offer unique opportunities and challenges for new business and investment, economies like Senegal, Ethiopia, Tanzania, Cote d'Ivoire, Rwanda, Burkina Faso, The Gambia and Benin could grow by more than 6% in 2024, twice higher than the global growth of 2.9% projected by the International Monetary Fund (IMF).
The Africa Top 100, now in its 7th year, identifies specific business ideas and investment opportunities in over 30 growth markets, industries, value chains, and underserved niches across Africa. Each opportunity in the Top 100 is selected based on their relevance to local market needs, lucrativeness, competitive superiority, export potential, and innovation.
“The new edition, which is the outcome of months of research and analyses that considered dozens of value propositions, market trends, demand-supply gaps, and business models across Africa, only consists of opportunities that have a minimum total addressable market value of $100 million,” said John-Paul T. Iwuoha, Founder and CEO of Activator HQ. “It is interesting to see from our 2024 selection that more business ideas and investment opportunities in Africa are actually borne from unmet market needs, difficult but highly-rewarding problems, and the megatrends we have identified that are currently shaping the continent (https://apo-opa.co/46Sd4gb).”
As a developing region, Africa's deficits in food security, housing, finance, education, energy and other critical areas are inspiring innovative solutions, products, and services from a growing number of startups and growth-stage businesses on the continent. In essence, for entrepreneurs in Africa, problems are actually opportunities to unlock market value and create compelling value propositions.
“Our mission at Activator HQ (www.ActivatorHQ.com) is to make it easier and faster for entrepreneurs to start and grow businesses in Africa. That's why our selection of business ideas features inspiring examples of real entrepreneurs, startups, and companies in Africa that are getting results and making impact on the ground,” Iwuoha said. “To reduce the barriers to startup, we have also developed bespoke and professionally-crafted business plans (https://apo-opa.co/470U6Ew) that can be downloaded and used to raise funding or guide the execution of a specific business idea.”
Highlights from Activator HQ's 2024 Africa Top 100 Guide:
“I am very proud of the meticulous work the team has put into the 2024 edition of the Africa Top 100,” Iwuoha continued. “In contrast to the mainstream stereotype of Africa as a ‘poor continent', the impressive ideas in this guide show the sheer abundance of opportunities in Africa for new businesses and investments. The spirit of entrepreneurship is bursting with energy on the continent and I am optimistic that many of the ideas in our 2024 edition will inspire new businesses, products, projects, investments, and income streams in the new year.”
The Top 100 Business Ideas in Africa to Watch in 2024 is available on the Activator HQ website at https://apo-opa.co/41hkLvm.
Distributed by APO Group on behalf of Activator HQ.
Media contact:
John-Paul Iwuoha
jp@activatorhq.com
For more information about Activator HQ, visit:
Website: www.ActivatorHQ.com
Twitter: https://apo-opa.co/46Np8iY
Facebook: https://apo-opa.co/3uRABAT
LinkedIn: https://apo-opa.co/3NowFxL
YouTube: https://apo-opa.co/3NqTmkT
About Activator HQ:
Founded in 2013 as Smallstarter Africa and relaunched on its 10-year anniversary, Activator HQ is a market intelligence and capacity development firm that supports Africa-focused entrepreneurs with the insights, training, and guidance they need to succeed in the continent's promising but difficult markets. In the last decade, Activator HQ has trained over 30,000 entrepreneurs and business owners on startup and market entry strategy, fundraising, sales and growth strategy, business modelling, and turnarounds. Its list of clients and partners includes the Staff Cooperative Societies of Nigeria LNG and Total Exploration & Production (Nigeria), the SUN Business Network, the Roddenberry Foundation, and the African Women Innovation and Entrepreneurship Forum (AWIEF), among others.
11 December 2023: South African consumers have undoubtedly experienced financial strain over the past few years, facing repeated fuel price increases and rising living costs. As the holiday season approaches and people prepare to spend time with loved ones, it is crucial to exercise caution and avoid excessive spending. Overspending during the festive period can …
Pretoria: Mahindra South Africa joined hands with the Nelson Mandela Foundation and the City of Tshwane to host this past weekend’s Nelson Mandela Remembrance Walk and Run. The company has provided a fleet of Mahindra XUV700 and Scorpio-N vehicles to the organisers of the event. These will be used as both patrol and logistics vehicles …
Stellantis and Ample have signed a binding agreement to establish a partnership in electric vehicle (EV) battery charging technology capable of delivering a fully charged electric vehicle battery in less than five minutes. The two partners have agreed to work toward integrating Ample’s Modular Battery Swapping solution in Stellantis electric vehicles. Battery swapping technology allows …
With 670 exhibitors from 18 countries receiving a total of 5 631 trade visitors from 38 countries over three days, Automechanika Johannesburg and Futuroad 2023 Shows reaffirmed their positions as the largest and leading business events serving the automotive aftermarket and the transport and logistics sectors in Sub-Saharan Africa. The events have proven once again …
The Nelson Mandela Bay Municipal Metropolitan area has been subject to drought restrictions for the most part of the last 7 years. The dams to the west of the metropole have ranged in level from below 10% to almost full over this time. Tha main water supply to the east of the metropole comes from […]
JOHANNESBURG – 06 December, 2023 – The local technology skills shortage has been well documented over time, with recent statistics underscoring not only a dearth of technical expertise in South Africa, but also a concerning youth unemployment rate. New figures from Statista show a staggering number of unemployed youth (15 to 24 years), reaching 60.7 …
South African outsourcing firm Sigma Connected has announced its expansion into the United States in a move which hopes to deliver 500 new jobs in Western Cape by 2025. The company, which offers ‘white label’ customer contact centre and debt collection services across the financial services, telecommunications, energy and retail sectors, will deliver its customer …
South Africans are turning to Suzuki in ever-greater numbers. The Japanese vehicle manufacturer sold 4 381 vehicles in November, recording a 2% rise over November 2022, and bucking the trend that has seen the overall vehicle market decline by 13.4% in the same month. More importantly perhaps, was the massive jump in dealer sales. Of …
Earlier this year, the DO MORE FOUNDATION, founded by RCL FOODS, joined forces with their local implementing partner, Khululeka, to launch the ground-breaking ‘Everyone Gets to PLAY’ (EGTP) collective impact model in Molteno. This initiative aims to boldly address the pressing issues of malnutrition, stunted growth, and poor development outcomes affecting our most precious demographic …
Join us for an engaging webinar by Axle AI, where we’ll unveil the power of our AI-driven media management solutions. Discover how Axle AI revolutionizes media workflows, enhances collaboration, and boosts productivity. From: Axel AI CLICK HERE to submit a Video Press Release to MyPR.
There’s no question about technology’s role in driving business evolution and revolution, but it also creates new layers of cyber-threats to organizations. New technologies are driving up cybercrimes, and businesses should put the proper measures in place to safeguard their enterprise resource planning (ERP) systems against cyberattacks, which can result in unprecedented and devastating effects. …
Any questions about solar power’s ability to go head to head with traditional fuel sources will be addressed at the forthcoming Solar Power Africa conference. Intermittency, reliability and security are all overcome with the advances in storage technology, making solar and storage a true power couple that can address Africa’s energy needs right now and …
