Africa has become home to new Business Ideas

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Africa has become home to new business ideas, innovations and profitable investments. There is a huge demand for many services and products and individual investors, entrepreneurs are benefiting from franchise business especially due to the ability of franchising model that demonstrates stability in economic uncertainties.

Transcript of Africa has become home to new Business Ideas

Page 1: Africa has become home to new Business Ideas
Page 2: Africa has become home to new Business Ideas

Franchises have recorded a

high rate of resilience against

wilting during economic

downturns in the past years.

Franchise sector has been on

upbeat and demonstrated ability

to survive harsh economic

slowdowns.

Page 3: Africa has become home to new Business Ideas

In Africa, many small

businesses, franchises in

particular have sustained and

demonstrated unhindered

performances during economic

lows. They have also acted as

effective employment

generators across Africa.

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South Africa, especially, has

shown a tremendous increase in

the number of new franchise

businesses and is expected to

grow substantially during 2013-

14. In South Africa alone,

Franchise sector has contributed

11.8% towards economy over

two years during 2008-10.

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“THE LOCAL FRANCHISE INDUSTRY IS GROWING AT A PROGRESSIVE RATE AND, ACCORDING TO

FRANCHISE SOUTH AFRICA; THE COUNTRY HAS MORE THAN 400 FRANCHISE SYSTEMS AND

ABOUT 23,000 FRANCHISE OUTLETS.”

- SAID JEREMY LANG, REGIONAL GM AT BUSINESS PARTNERS.

Undoubtedly Franchising is gaining popularity but of course not

just in the developed nations. Big brands have seeped into

markets of most of the Sub Saharan Africa as well, creating

new generation of entrepreneurs. Brands such as Mc Donald’s,

IIHT Technologies, Fish and Chip Co and House of Paint are

but a few of the examples of many franchising businesses that

have entered markets across economies on Africa.

Page 6: Africa has become home to new Business Ideas

“THE LOCAL FRANCHISE INDUSTRY IS GROWING AT A PROGRESSIVE RATE AND, ACCORDING TO

FRANCHISE SOUTH AFRICA; THE COUNTRY HAS MORE THAN 400 FRANCHISE SYSTEMS AND

ABOUT 23,000 FRANCHISE OUTLETS.”

- SAID JEREMY LANG, REGIONAL GM AT BUSINESS PARTNERS.

There are many franchise expos across Africa capturing

global attention. The plethora of franchise interest by

investors is no new news for the common man of Africa.

There are regulating bodies in many nations including

South Africa, Egypt and Kenya that are ensuring effective

Franchising eliminating the possibilities of fraudsters

taking advantage of their respective countrymen.

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The franchise opportunities in Africa are overwhelming

and are growing by the day. Many Small and Medium

Entrepreneurs (SMEs) are setting examples with their

successfully run franchises. IIHT Technologies entered

Africa 6 years ago and set its first franchise in Nigeria.

It is now successfully operating franchises in Angola,

Benin, Cameroon, D R Congo, Ghana, Ivory Coast,

Liberia, Mozambique, Nigeria, Togo and Zimbabwe.

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It caters to the IT education need of the Students and IT

professionals by offering skill based education and

training in latest technologies. Its state of the art

infrastructure has enabled effective learning and

internalization process. Education and training has high

demand all over Africa as individual nations are investing

highly on ICT development and improving technologies.

Companies such as Google, Microsoft, IBM, Sony and

many fortune 500s entering the market, need for

individuals with IT training is projected to be very high.

Page 9: Africa has become home to new Business Ideas

Africa has become home to new

business ideas, innovations and

profitable investments. There is a

huge demand for many services and

products and individual investors,

entrepreneurs are benefiting from

franchise business especially due to

the ability of franchising model that

demonstrates stability in economic

uncertainties.

Page 10: Africa has become home to new Business Ideas

IIHT Technologies has many

successful business partners not

only due to its proficiency in

operations but also because there is

huge need for bridging the skill gaps

in all nations alike. IIHT

Technologies seek for business

partners from across African

continent.Email us at [email protected]

with queries or visit http://www.iihttechnologies.com/

Page 11: Africa has become home to new Business Ideas

Corporate Headquarters#15,Sri Lakshmi Complex, 4th Floor, St. Marks Road, Bangalore - 560 001. India

Tel: 91 80 6160 4545e-mail: [email protected] web: www.iihttechnologies.com/