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Business Ideas for Entrepreneurs in Africa - Solar Power (Video Clip)

10/10/2015

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Electricity supply in Africa is in a very sorry state. In many countries on the continent, less than 20 percent of the population has access to electricity; the situation is much worse in rural areas where fewer than 5 percent are connected to the grid. 

Did you know that all the 48 countries of Sub-saharan Africa (with a combined population of more than 750 million) generate roughly the same amount of power as Spain (a single country of less than 50 million people)? Our continent has arguably the worst electric power infrastructure in the world with the lowest scores in power generation, consumption and security of supply!

With an average of 325 days of bright sunlight every year, solar power remains one of Africa’s most abundant but scarcely used resources. It presents a lucrative business opportunity and makes for an amazing business idea for the continent. Entrepreneurs like Tanzania’s Patrick Ngowi are already making millions from this huge gap between electricity demand and supply. 

If you're unaware of the solar power revolution that's going on in Africa, this short video will open your eyes to the enormous potentials of solar power both as a lucrative business opportunity and the surest way to bring electricity to millions of Africans!

Nigeria, South Africa, Kenya, Ethiopia, Ghana, Tanzania and Rwanda are some of the markets with the highest potentials for solar power in Africa

Interesting links:

Solar energy is Africa’s next big thing! How entrepreneurs can exploit this lucrative but untapped opportunity:
http://www.smallstarter.com/browse-id...

Patrick Ngowi – The young entrepreneur who built a multi-million dollar business from solar energy:
http://www.smallstarter.com/get-inspi...

World Bank's Fact Sheet: Infrastructure in Sub-Saharan Africa : http://web.worldbank.org/WBSITE/EXTER...

101 Ways To Make Money in Africa – Business Ideas and Success Stories That Will Inspire the Entrepreneur in You!:
http://www.smallstarter.com/get-inspi...
​
Follow Erika Amoako-Agyei: Erika Amoako-Agyei is an intercultural business consultant with regional expertise on the sub-region of Africa. She works with global companies, non-profits and educational institutions expanding into Africa.

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    Author

    Erika Amoako-Agyei is an experienced intercultural trainer & consultant, working with global companies, schools and organizations expanding into Africa. Her company is Africa Intercultural Consulting. She specializes in cross-cultural training with a focus on business communications. For nearly a decade, she worked internationally for the IBM Corporation, including several years in Ghana, Nigeria, Sierra Leone, South Africa, Gambia, Liberia and other countries as a Regional Manager.

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