Globalisation has been a driving force in reshaping the business landscape over the past few decades, with Asia emerging as a major hub for investment, manufacturing, and trade. However, as we move further into the 21st century, another continent is increasingly capturing the attention of global businesses: Africa.
With its vast resources, youthful population, and improving economic conditions, Africa is poised to become the next frontier for global business expansion. In this blog post, we will explore the potential of Africa and why it could be the next Asia in terms of economic growth and business opportunities.
Demographic Advantage: Africa is home to the world’s youngest population, with over 60% of its population under the age of 25. This demographic advantage presents a massive consumer market and a significant pool of potential workers. As this young population enters the workforce and gains purchasing power, it creates a tremendous opportunity…