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Profit-making idea: Capitalise on Africa’s consumer internet potential

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Click to share on Twitter (Opens in new window) Click to share on Facebook (Opens in new window) Click to share on LinkedIn (Opens in new window) Click to share on WhatsApp (Opens in new window) Click to print (Opens in new window) P rofit-making idea  is a series of short posts, each with a piece of information that we think you might find useful: for investment, for growing your company or to start a new business. In a recent interview, we asked Jason Njoku, CEO and founder of iROKO – a multimedia company that provides paid-for, on-demand Nollywood content to audiences worldwide – to name a business opportunity he would still like to pursue. Here is his response: “Anything to do with consumer internet in Africa fascinates me. Few people are ‘winning’ at it yet – mostly because of the issues around scaling a product or platform across the continent. “But the challenge is what makes it so tantalising. This is one of the reasons I’ve continued to work w

Ethiopia is now Africa's fastest growing economy

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Photos:   Africa's fastest growing economies Tanzania  –  The East African nation is predicted to grow by 6.4% this year. The country has sustained strong economic growth in the last decade, averaging between 6 to 7% according to the  World Bank . Hide Caption 5 of 8 Photos:   Africa's fastest growing economies Ghana  –  Ghana was previously the fastest growing economy in Sub-Saharan Africa, but has slowed. Although, a sharp increase in oil production has helped support economic growth in the country. Hide Caption 6 of 8 Photos:   Africa's fastest growing economies Benin  –  The West African country, Benin, is expected to have economic growth of around 6%. Hide Caption 7 of 8 Photos:   Africa's fastest growing economies Burkina Faso  –  The landlocked West African country is also expected to experience economic growth of 6% this year. Hide Caption 8 of 8