Made in Africa 🏭
Hello Venturer,
A 2020 survey in Nigeria found that consumers prefer foreign-made products over locally-made goods due to their standards, affordability, and perception. Is that you?
When was the last time you got a product that was made in Nigeria or Africa? Today? Last week? A while ago? Often people hear “made in Nigeria/Africa” and think inferior, save for my woke work family.✊🏾
This week we explore how Eygpt is leading Africa's industrial revolution having established 10,000 factories in the last seven years.
Orufa Suotunimi
Staff Writer, Ventures Africa.
What's new?
Can Egypt lead Africa into an industrial revolution?
Egypt’s economy is now Africa’s second-largest. As of 2020, it reached $363.1 billion in nominal GDP, closing in on Nigeria’s $432 billion despite having half the latter’s population. There’s no doubt that Egypt’s manufacturing sector is prospering. But can other African countries replicate its success? Read more.
Zipline is set to revolutionise the health supply chain in Nigeria
Zipline has become an integral part of the Nigerian medical supply chain and would operate three distribution centres across Kaduna state delivering supplies to approximately 500 health facilities and serving millions of people. The autonomous drones will carry medicine, blood, and vaccines from a warehouse stocked by the Kaduna health ministry to local doctors and hospitals in remote regions. Read more.
My pivot journal: How Joyce daramola went from practising law to building vehicle tracking apps
When Joyce Temilolu Daramola started as a product manager, she barely had time for anything. She had six years to study law and only six months to learn product management. Two years, several courses and calendar plans later, she has finally got the hang of it. Read more.
Africa’s technology ecosystem is poised for exponential growth
Africa’s digital economy is large and growing, with an estimated market size of $115 billion – expected to reach $712 billion by 2050. By 2050, Africa will be home to a third of the world’s young people and the continent is urbanizing faster than other regions. Additionally, 1 in 6 of the world’s internet users will be in Africa in 2025. Read more.
How African countries celebrated World Environment Day
The warmer the earth becomes, the higher the threat to the existence of life in it. If warming reaches about two degrees Celsius, the ecosystem will collapse, and a third of all life on earth will face extinction. Earth is close to surpassing the 1.5 degrees Celsius threshold, and it may likely be sooner than expected. All hands must be on deck to save the earth. Read more.
Our weekly collectibles
60-year-old Joy Milne discovers she has a biological gift that allows her to see parts of the future that no one else can see. Discover the important ways our thoughts about the future shapes the present in Invisibilia- An unlikely superpower.
A successful drug dealer is one with a lot of skills and wit. But what happens when a drug dealer goes legitimate? Are those skills transferable? Find out how Coss Marte built a successful business empire in lessons from a former drug dealer.
An immigrant doctor in the midlands who earns €83k finds out he spends €1,847.27 weekly. Find out how financially vulnerable this doctor is in the Money Diaries, a series where people in Ireland document how they handle their finances.
For years music has helped us cope with life's highs and lows. But does music have any health benefits? Find out how music benefits the body, mind and relationships.
#VANUGGET
Remember to stay safe!
