TOP 10 PROFITABLE INVESTMENTS SUITABLE FOR AFRICAN CONTINENT

African continent has enormous potential and exciting possibilities for profitable investments. With its vast natural resources and youthful population, it can offer businesses huge returns on investments, as well as being an opportunity to promote social development and sustainable development goals. 

In this article, we are taking a look at the top 10 most profitable investments that are particularly well-suited to the African continent. 

1. Technology and Innovation business - With over one billion people living on the African continent, there is a large potential for investing in the technology sector. Investment in areas such as infrastructure, education, research, and communication can all help to create an enabling environment for innovative solutions.

2. Agriculture and Forestry activities - Africa’s soil, climate and natural resources provide a great opportunity for agribusiness investments. These can be further developed to reduce food insecurity, while creating employment and diversifying income sources. 

3. Tourism and Hospitality business- Investing in the tourism and hospitality sectors offers investors great opportunities. These industries can generate substantial revenues and foreign exchange, while boosting infrastructure and economic activity.

4. Infrastructure - Infrastructure is key to Africa’s development and can be a very profitable investment. This can include investments in roads, railways, ports, power plants and water supply networks.

5. Mining and Extractives - The mining sector offers investors the potential to capitalize on Africa’s vast mineral wealth. With huge potential for gold, diamonds and other commodities, investments in the extractive industries can bring high returns.

6. Education sector - Investment in education and training offers African countries the potential to make sustainable development gains and can offer investors an excellent return on investment.

7. Financial Services provision - African countries are underserved in terms of access to formal banking services. Investment in the banking, micro-finance and insurance sectors could provide good returns and make access to capital more widespread.

8. Energy business - The energy sector offers a range of investment opportunities, including in renewable energy and energy efficiency. With high rates of population growth, investments in energy are likely to offer good returns. 

9. Retailing - Africa’s population is forecast to double in size by 2050, providing great potential for retail investments.

10. Manufacturing - With growing populations and demand, investing in the manufacturing sector can be highly profitable and create high quality employment opportunities.

In conclusion, these are the top 10 most profitable investments in Africa. However, it is important to do your research before investing and be mindful of potential risks associated with doing business in the African continent.