Many business analysts have written much about why exactly Africa is not a basket case anymore. The most prominent lead of their apologia is the Scramble for Africa, which could not have happened, by rational terms, (besides civilizing and spiritually enlightening) had it not been for the resources that abounded then. They still do, only that governments have not accorded them real prospecting. The finds of oil in the Gulf of Guinea, offshore Ghana, as well as, in Kenya and Uganda, in recent years, is just a pointer of the evolving discoveries. The case of Tanzania is not different, for it took each successive year, in the 1990s, to rebase the country’s total ounces of gold minerals. So, where does this lead? To existing or even quintessentially Western business concepts or practices that can now qualify as avante garde schemes.
Here is the list for possible tackling in this dispensation:
Cyber tech person
Forensic Auditing is one of the oldest bureaucratic ideas that have never taken root in mainstream business. What people usually hear about is auditing by an impartial agency of government accounts. But then, there is usually the deep-seated, analytical approach to the manager’s fishy accounts, and also the infiltration into the bursar’s receipt tally, to evaluate whether the one has embezzled corporate funds or the other has used a trick of the hat to defraud a school via false receipts. As a result of rampant corruption and impunity, perhaps a forensic auditor would become an anti-social animal to many, who would not have anything to do with them. However, like anything that has bittersweet appeal, the personnel with this credential would earn quite a confidential following by the boss who likes transparency. There is where the pay lies.
Eco-tourism advisory would be quite a catch for the smart person who knows how to separate a traditional tourism circuit and a sustainable one, at that. Borrowing a leaf from the multibillion-dollar East African industry, one learns that Kenya was the first nation to host an Eco-tourism summit, in the continent, in the early 2000s. The upshot of it all? The summit helps many entrepreneurs, including hoteliers and travel agencies, to emerge. Their destination? To makeshift bomas (tent houses) in the lush wildlife spots of the country and thus giving tourists an exotic side that they would not get to come across in the traditional lodge.
Cyber tech personnel are almost everywhere these days in any city in Africa. However, there is the crème de la crème that does anything from unlocking new brands of popular electronics, including data dongles, to enabling companies earn a living from its private cloud. Though, the word here is cyber, and as such, it is the most approachable term by anybody who has ever been to a cyber café in downtown Accra, Nairobi or Johannesburg. They all have one thing in common: at least a single all-knowing individual who sits tight behind a screen, waiting for that never-never call after the rest of the staff has failed to tame a hitch.
Plastics rehashing is already one of the best micro-income jobs in Africa, albeit it is popular with the scum of society. Unplanned urban centers proliferate with homeless little ones, ferrying sacks of empty water bottles and paper bags for the recycling factory, at a fee. One can change all this by creating a monopoly and then employing the youth of the area in the recycling plant itself.
Food making: another thriving sector is that of processing foodstuff and packaging it to the masses through just a little investment. A non-capital-intensive idea is one of establishing a soya bean milk plant, worth between $5000 and $10000 and reaping a tenth part of that investment, each month. Within a period of a year, the plan would be in its fruition stage, having recovered its entire capital base. The secret of a breakthrough is to go to the arid areas or even uptown places where the chic for alternative foodstuff rules.
The growing population of the continent, now nearing a billion will surely act as market place for all the above avante garde ideas.