Author name: wealthideas

Technically, a vehicle is anything that can be used to transport people and goods on land. Africa‘s vehicle market is huge and growing bigger every year. Because road transport is dominant across Africa, the trade in cars (both new and used), motorcycles, buses and trucks is a multi-billion dollar market. Nigeria alone spends up to

It’s a good time to invest in Urban and Rural transport services Not every African can afford a private car. Even if we all could, not everybody will find an inch of space on our roads to ride on. As a result, transport services (like taxis and city bus services) are cheaper, flexible and more

Economic growth is increasing the demand for logistics Services – Serve this market! This is huge. The logistics market has a lot of space for successful entrepreneurs and businesses; it‘s a great opportunity to make profits. Unfortunately, it‘s often an overlooked market. Due to the inadequate transport infrastructure, and poorly developed rail and inland waterway

The contribution of air transport to any economy exceeds that of road transportation sevenfold. Yes, sevenfold! The African Development Bank (ADB) describes air travel as a sector that is essential to the prosperity of Africa as it will open up opportunities that did not exist before. A strong air travel industry is expected to create

Solar power is already at work in Africa and doing quite well! The world talks endlessly about solar power, so what better place to make a business of it and utilize its benefits than Africa? If there‘s any energy source Africa has got in abundance, it‘s the sun. With an average of 300 days of

Domestic power generators may be noisy but they’re still a hot-selling product! The sound of electric power generators is a common feature in several parts of the continent that are worst hit by the severe power supply problems. Power generating sets are available in a wide range of capacities and are commonly powered by petrol

It‘s not surprising that batteries are one of the most-purchased items, especially in Africa‘s rural areas. Torchlights and radios are the common uses for the popular disposable batteries. Although there is a growing preference for rechargeable battery-powered devices over disposable batteries, the severe power shortages often make it impossible to recharge them. Nevertheless, more appliances

Electricity generation remains a trillion dollar opportunity in Africa The biggest opportunities in Africa‘s electricity problems are in electricity generation. Although power generation projects can be very capital intensive, there are scalable and cheap options like solar and wind power. We shall now look at the various options open to Africa for power generation based