An insight into the Growing Industries in Africa for 2018!

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An insight into the Growing Industries in Africa for 2018!

The face of Africa is changing and these growing industries in the continent prove it all. Thanks to structural changes in many African countries, productivity revolution is helping many companies to achieve greater economies of scale.

The World Bank forecasts growth of 3.2 % for the year 2018, compared to forecasts of 2.4 % made in 2017. A growth of 0.8 % is a huge representation, which has only boosted the morale of many who want to expand their businesses in Africa. Changing rigid policies in Africa and the fall of hostile regimes has led to a more energized market. Fueling the African economy, the oil and gas industry has boomed owing it to rising commodity prices. An accelerated expansion should be seen as oil prices continue to recover this year. Forecasts growth for 2018 comprises of six African countries of the world’s ten fastest-growing economies. Following all these good happenings, industries in Africa are definitely growing.

Which are the growing industries in Africa?

1.Digital Healthcare

Entrepreneurs across Africa are taking up challenges by creating innovative healthcare solutions. This field has become a lot more promising over recent years. While only some countries in Africa can afford basic healthcare to their citizens, expanding this business seems like a good way towards progress in providing this service to more people.

Digital healthcare mostly involves telemedicine, e-prescriptions, m-health applications, which will help to free up congested health facilities. A lot of pharma firms are looking to partner with digital healthcare firms.

2.Renewable Energy

Did you know that Africa has become an international test base for innovative renewable energy solutions?

For example, the solar energy revolution is in full swing and many businesses have chosen to be associated with climate-friendly energy solutions. As such, many other businesses are turning towards this lucrative market.


Uber is, without doubt, the best example of innovation pertaining to transportation around many countries in the world, including the African territory.

Entrepreneurs are earning considerably by putting cars on the Uber network and growing their businesses. The new form of transportation businesses is also taking shape which invites entrepreneurs to consider growth in this line of business.

4.Technology & Telecommunications

A technology-driven Africa is no surprise to anyone. Sectors like the finance and mobile telecommunications have witnessed revolution over the years. Many people now have access to mobile phones even in remote areas of Africa.

This is being seen as a never-ending process, as technology will keep on evolving and might even change the actual face of Africa. Growth in this sector is inevitable.

5. Food and Beverages, FMCG

Food production remains a big challenge in Africa, the reason being that food produced sometimes to do not reach the targeted consumers. More focus is being laid on the food processing and its marketing, which is going to enable the proper food supply chain.

The food supply chain is being given a lot of importance in current time as improvement in this sector is vital. Agribusiness opportunities are being pursued by more and more entrepreneurs and investors.

6. Manufacturing

Believe or not, Africa is currently caught in a heat of fashion revolution. Creative geniuses in fashion, combined with entrepreneurial factors are paving way for a successful manufacturing industry.

The African Development Bank estimates have it that Africa’s fashion industry could be worth $15.5 billion over the coming five years. Celebrities like Beyonce and Michelle Obama have already worn creations by young African designers. This is an industry to keep an eye on.

Starting a business in Africa without having a registered company!

Taking your entrepreneurial desires into consideration, Africa HR Solutions assists you in doing business in Africa without the need of having a physical company. Through employing your workers legally and doing their payroll, we ensure compliance for you and take away the risk.  With all these growing industries on the territory, there is scope to expand your business by trusting us with your Payroll and Employment outsourcing in which we truly are the experts. We have helped many businesses expand throughout the continent and list keeps on growing. Our presence in more than 50 African countries makes us specialists across the continent. We allow you to focus on your business while we focus on your HR needs.

What Can We Help You With?




Grant Geraghty is the longest-serving member of the Africa HR team. This resident subject matter expert and client champion is responsible for gaining a deep understanding of our clients’ unique HR needs in Africa and providing tailored solutions that align with their business objectives. Grant collaborates closely with our clients to ensure that their requirements are properly implemented, providing ongoing support and guidance throughout the process.

Grant brings a wealth of experience to his role, having served as Africa HR’s longest-serving employee. He holds a Bachelor of Commerce degree, with a major in Economics and Business Finance, from the University of Natal in South Africa. Additionally, he has completed a certification program in Payroll and Tax Administration from the University of Cape Town, further enhancing his expertise in HR operations and compliance.

His commitment to delivering exceptional service and his extensive knowledge of HR in Africa make him an invaluable member of the Africa HR team.




Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.

Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.

Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.



Head of Finance & Business Support

Viloshna is an experienced finance professional with 18 years of expertise in strategic financial planning, financial analysis, cash flow management, systems and controls implementation, financial reporting, and continuous process improvements. She currently serves as Head of Finance & Business Support, where she has successfully automated and leveraged the financial reporting system capabilities to ensure efficient company operations.

Viloshna’s background includes senior roles in a multinational pharmaceutical company and a large listed Mauritian conglomerate. Her meticulous attention to detail and strategic thinking have streamlined financial processes, making her a valuable addition to any finance team. Viloshna is a qualified finance professional with an FCCA qualification and an MBA, bringing valuable expertise to any organization.

In her current role, Viloshna leads the company’s Treasury and Payments function, including the fulfillment of the company’s cross-border payments into Africa. With her strong educational background and extensive experience, Viloshna consistently demonstrates her ability to optimize financial operations, minimize risks, and improve profitability. Her expertise in financial reporting and process improvements make her a valuable asset to any organization.



Head of Legal & Compliance

A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.

Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.

He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.

Alex Daruty - Africa HR Team


Head of Commercial

Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.

With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.

His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.

He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.

Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.