Innovation
African
Industries
Ripe for
Disruption
16
July 2018
|TD
First movers are not always at
an advantage. This could be for
many reasons including lack
of infrastructure and talent,
funding to keep the lights on for
long enough before attaining
break-even, and even the
market not just being ready
for such a product or services.
We’ve seen the first, second,
and even third coming for some
business models in Africa as
well as numerous attempts to
disrupt certain industries.
At long last, things are
beginning to line up for certain
industries that are now ripe
for technological disruption.
Why now? Credit goes to a
few things including a rise in
mobile and internet penetration
on the continent, an increasing
appetite by consumers, not to
mention the many lessons from
previous entrants that now help
entrepreneurs to fine tune their
business models and product
offerings.
These 5 African industries are
ready to be disrupted: