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8 Ways Africans Can Make Money Online With Just A Laptop and Internet

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Just 20 years ago, making money required you to get out of your home and go to work somewhere else — an office, a job site, a store, etc. But, in the modern era, you can make a living with nothing but a laptop computer and an Internet connection. The Internet offers Africans access to a digital world where they can connect with others to sell products or provide services to earn money quickly. What are the best ways to make money online in Africa?

Here’s a look at 8 options

1. Create a Blog

Do you have a way with words? Turn those words into cash by blogging for a living. You can blog about anything under the sun, but it’s always best to blog about a topic in which you are both passionate and knowledgeable. Your passion will give you the energy and desire to blog regularly, and your knowledge will give your blog the authority needed to attract and engage an audience. How do you make money from blogging? You have several options:
  • Ads: Join a digital advertising network (like Google’s AdSense), and you can place little snippets of code onto your website that turn into ads for visitors to see. When someone clicks an ad on your site, you get a commission.
  • Affiliate Marketing: Large retailers (like Amazon) have affiliate programs that allow you to point visitors toward their products in exchange for a commission. For example, you can write about the best books on a certain topic. Amazon will provide special links to those books that are unique to your website. Then, when someone uses one of those links to buy a book, you get a cut of the action.
  • Products and Services: You can also sell your own products and services through your website. Are you an interior design expert? Sell design consultations to your visitors. Are you a digital marketing expert? Sell a PDF guide on search engine optimization or getting more social media followers.
  • Sponosored Post: Once your blog traffic grows, you can reach out to companies in industries relevant to your audience for sponsored posts. Sponsored posts promote a company’s products, services or brand in a subtle way to a target audience.
The key to a successful blog is two-fold: 1) You need to get started, and 2) You need to write consistently. It can take months for your blogging efforts to pay off, but, when they do, you’ll be glad you invested that time and energy.

2. Start a Vlog

“Vlogging” is a term for video blogging. Rather than posting words to a website, you post videos to a platform like YouTube or Vimeo. When you have enough viewers, you can join those platform’s ad networks — which means brief ads will run before your viewers watch your videos. Creativity is key when you get into vlogging. You need to vlog on a specific topic, and you need to make sure your content is something that people interested in your topic would actually want to watch. In fact, you want your content to be so good that people consider it can’t-miss.

3. Go After Freelance Opportunities

What are you good at? Today, there are lots of freelancing marketplaces where you can sell your services to companies that need them. Are you a graphic designer? Can you write a compelling blog post? Do you know how to build a professional-looking website? Use platforms like 99designs, Guru and Upwork to find freelance job opportunities and to secure high-paying work.

4. Pick Up Micro Gigs

What is a “micro gig”? It’s a small service provided in exchange for a small fee. Websites like Fiverr serve as micro gig marketplaces, connecting buyers and sellers so that all parties can benefit. You can do all sorts of work on micro gig websites, including data entry, translations, legal advice and much more. Identify areas in which you have good experience and skills, and then offer your services in those areas on Fiverr or other micro gig sites.

5. Sell Your Products Online

Do you make something that others would want to buy? Or, do you have access to a product that’s only available in your local area? If so, consider selling on sites like Etsy, eBay or iwearafrican.com.You can even sell on social media through Facebook groups, Facebook marketplace, and other similar platforms. You can focus on a specific type of product (like handmade jewellery), or you can look for general deals that allow you to resell online at a profit. Think through what you can make or what’s available near you, and then explore taking those products to an online marketplace. You can also sell non-tangible goods. If you are a skilled graphics designer or website developer, you can open up a shop and list your products on sites like Creative Market and Envato.

6. Write an E-Book

Do you have something to say that needs more space than a simple blog post? It’s time to write an e-book that can be sold through Amazon’s Kindle Direct Publishing or other digital channels. People self-publish both fiction and non-fiction each and every day using online tools. If you have a story that demands to be told, spend time writing it out and then share it online to make some money.

7. Rent Out A Room Online

People visit your hometown all the time, and they need quality places to stay. If you have a room to rent, place a listing on home-share sites like Airbnb and HomeAway. Then, when someone is visiting your city, they can rent a quality room — and you can make some money off their stay.

8. Become An Instagram Influencer

Here’s an interesting way to make money: If you have (or can get enough) followers on Instagram, companies will pay you to promote their products and services. A good example is @tokemakinwa, who has more than 2 million followers — and who makes boatloads of money from promoting products and services on behalf of clients. 'You cannot score a goal when you are sitting on the bench. To do so, you have to dress up and enter the game' - Israelmore Ayivor Click To Tweet Yes, you can make a great living without even leaving your home. You just need to get started. Does one of the ideas listed above stand out to you? Start by taking a small first step, and then continue exploring how you can turn your interests, skills or experience into cash.

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Business and Development

Rwanda’s Rise 2.5 Decades After The Devastating Genocide

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Kigali, the capital of Rwanda

Kigali, Rwanda’s capital

Rwanda is emerging as an economic powerhouse in East Africa just 2.5 decades after a very dark and devastating genocide. So good is the economic progress that the country has reduced its reliance on foreign donations. Currently, Rwanda domestically funds 84 percent of its budget. Two decades ago, the country could afford to fund only 36 percent of its budget.

Indicators

In addition to the reduced reliance on foreign aid, several indicators demonstrate Rwanda’s rapid growth. Major indicators are the rate of growth, decline in inequality, diversification, and decline in rates of poverty.

Growth Rate

Between 2001 and 2014, the average economic growth was 8 percent. The IMF projected Rwanda’s economic growth at 7.2 percent in 2018. The projections were based on favorable rains and strong industrial activity. In the first quarter of 2018, Rwanda registered a 10.6 percent growth in economy.

Equality in Rwanda

The country’s growth is also characterized by a decline in rates of inequality. The decline is largely due to improved healthcare, school enrollment, literacy, and life expectancy.

Greater equality is exhibited in the country’s parliament, where women make up 68 percent of parliament. This is one of the highest rates globally, putting Rwanda up in the ranks of countries with highest female representation in parliament.

Diversification

Farming is an important sector in Rwanda’s economy. A majority of the population still live in rural areas and depend on subsistence farming. The government plans to shifts this focus to include more economic and investment opportunities. Specifically, the country is moving towards becoming more of a service-oriented and knowledge-based economy.

Decline in Poverty

The economic growth has translated into reducing poverty levels across the country. In 2005, 57 percent of Rwandese lived below the poverty line. By 2010, this number had reduced to 45 percent. In 2017, the poverty level was registered at 38.2 percent, according to the National Institute of Statistics of Rwanda.

Kagame’s Transformative Leadership

At the centre of the country’s rapid growth is President Paul Kagame. Kagame adopted and pursued policies that have transformed Rwanda to a prospective middle economy. The President continues to implement development plans for the country, as outlined in the country’s vision 2020. Also, under Kagame, Rwanda’s ease of doing business has significantly improved.

Vision 2020

Vision 2020 is Rwanda’s blueprint to continued economic progress. The vision is based on several pillars that include good governance, human resource development, infrastructure development, and private sector-led development. Other pillars are regional and international integration and market-oriented agriculture. With only one year left on the Plan, the government is still optimistic it will hit the targets.

Rwanda will be moving from Vision 2020 to Vision 2050, which heightens the growth prospects of the country by targeting a high income economy status by 2050. In order to reach this target, the country needs to achieve an average growth rate of 10 percent.

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Business and Development

This Pan African, Mentor-Driven And Corporate-Backed Accelerator Is Rewarding the 10 Most Promising Startups in Africa 2019

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The process of selecting 10 most promising startups in Africa 2019 is soon starting. A Pan African, mentor-driven and corporate-backed accelerator, aimed at empowering innovators is looking for the best startups in Africa to support so they can grow and realize their potential. Have you heard of Startupbootcamp Afritech 2019 Fasttrack Tour? This is a tour that will involve pitching events, mentoring and networking as well as hackathons in select cities in Africa.  These tour activities are lined up in order to ensure that the selected startups in Africa 2019 taste the goodies that the corporate giants can provide.

Startupbootcamp AfriTech Accelerator

Startupbootcamp AfriTech is the accelerator behind this exciting opportunity for startups. The team has assembled a powerful squad of sponsors in order to make sure that the selected startups reap maximum benefits. These sponsors include PWC, BNP, RCS, Nedbank, Paribas and Old Mutual. In this way, the accelerator empowers these innovative and promising startups in Africa in order to connect them with the best corporate players on the continent. Pan African, mentor-driven and corporate-backed accelerator, aimed at empowering innovators

Philip Kiracofe, Sebekedi Motlhabane Koloi and Zachariah George make the team behind this South African Startup accelerator. In order to make this opportunity best fitting to startups, the team will visit 15 countries in Africa. There will be 19 events in total so that each selected city gets the best attention. During these events, 10 most promising startups in Africa 2019 will be selected for rewards. In addition to startups, the accelerator is also inviting the corporate world, investors, mentors and other thought leaders to join in the events.

The program is already underway and will end on 22nd May. The 10 selected most promising startups in Africa will have various rewards lined up for grabs. Why should your startup apply and strive to be among the selected few? You should apply because the 10 selected most promising tech startups in Africa will get an opportunity to present their ideas to the accelerator team and fellow innovators. Additionally, you will also get an opportunity to get mentor feedback and network with the corporate world. You will also get to know more about this accelerator program.

What Awaits The 10 Most Promising Startups in Africa 2019?

The selected 10 most promising startups in Africa will receive the following:

  • Be invited to present their innovative ideas to the Startupbootcamp team and fellow entrepreneurs
  • Have the opportunity to receive mentor feedback, network with corporates and learn more about the Cape Town-based Startupbootcamp accelerator program
  • Get in the accelerator program watch list in order to get a better chance to get into the program or get opportunities to do pilots with corporate sponsors.
  • Get exposure to worldwide entrepreneurship and business opportunities in order to develop.
  • Meet with the industry best executives in order to learn even more.

Countries, Cities, and Dates for the Events

Select your nearest city and the best date for your startup in order to submit an application. Additionally, the earlier a startup applies,  the better the chances it will have to become one of the 10 most promising startups in Africa.

For a startup to be among the 10 most promising startups in Africa, it will need to be in at least one of the following sectors;

  • Water, sanitation, and hygiene
  • Transport and logistics
  • Retail and wholesale
  • Leisure and travel
  • Information Communication Technology
  • Healthcare
  • Financial services
  • Education
  • Creative, media and entertainment
  • Construction and manufacturing
  • Clean technology and energy
  • Business services
  • Agribusiness

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This Is The Most Attractive Country For Investment In Africa For The Second Time In A Row

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Are you looking for the best country for investment in Africa? Look no further because the Rand Merchant Bank (RMB) in South Africa has released a new study report.  It shows exactly where you should be thinking about for 2019. However, the study shows that the most attractive country for investment in Africa is not in the south of the continent.

According to this report by RMB, Where to Invest in Africa 2019, the business and investment environments in the continent has improved since 2017. However, the report singles out a few hurdles that continue to hinder more accelerated development in Africa. These issues include frail governance, reduced access to financing services, problems of infrastructure, rampant corruption in some countries as well as political unrests in some places. But generally, Africa, according to the report, has made important milestones that seek to attract and retain both local and foreign investments in the continent.

Investment Attractiveness Index for Most Attractive Investment Destination

The RMB uses an appropriate Investment Attractiveness index in order to make an assessment and rank the country. The index takes a look at the operating circumstances and economic environments of a country to gauge its potential to attract and retain local, international, and foreign investments. And Viola! Just like that and for the second year in a row, Egypt is the most attractive investment destination in Africa for 2019.

As expected, Egypt got a run for its money from the usual archrivals in the continent. Coming in second position from Cairo all the way down to Cape Town, was South Africa. But following closely in third position was Morocco, while Ethiopia and Kenya came in that order to complete the list of the top five most attractive investment destinations in Africa.

Why Is Egypt the Most Attractive Country of Investment in Africa?

The RMB report associates Egypt’s top rank in Africa with very important milestones. In order to have Egypt as the best, the report singles out the following reasons;

  • A diversified economic environment.
  • Escalating consumer market,
  • Growing availability of hard currency.
  • Stability in exchange rates.
  • Stable improvement in business and investment environments, predominantly in investment-related legal reforms.

Additionally, Egypt is the largest beneficiary of direct foreign investment in Africa. It also has the largest consumer market not only in North Africa, but also in the Middle East.

“Egypt’s economic gain keeps on dominating that of South Africa,” the report says “as South Africa’s growth projections and the size of its economy are lower than those of Egypt and this weighed down its investment ranking.”

Top Ten Countries for Investment in Africa

In addition to the top five most attractive investment destinations in the continent, other usual contenders in African development were named. In a consecutive order from fifth to ten position, the countries are as follows;

  1. Egypt
  2. South Africa
  3. Morocco
  4. Ethiopia
  5. Kenya
  6. Rwanda
  7. Tanzania
  8. Nigeria
  9. Ghana
  10. Ivory Coast

Countries with the Easiest Business and Investment Environments

Mauritius

The country that has the easiest business environment is Mauritius. This is followed by Rwanda while Botswana comes in third. In order to complete the best five countries where doing business is the easiest, the list includes South Africa and Seychelles in that order.

In conclusion, Egypt, Nigeria, and South Africa are the 2018’s three most dominant countries in Africa in terms of GDP. The combined market in these three countries makes up almost half of the approximated $7 trillion market in Africa. In order to maintain this investment attractiveness, Africa expects to improve individual business operating environments.

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