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Posted by
Felix Okoli on Wednesday January 25, 2012 at 10:54:14:
The internet is a relatively new thing to Africa and although the market is already booming in nations like Nigeria, Egypt, South Africa, Morocco and Kenya, there is still a lot of room left for new entries. Business opportunities abound for people who want to make money from the internet and if you've not yet started, it's not really too late. Now is when internet entrepreneurs can create and dominate their niche.
There is a lot of talk about land grabbing in Africa by super nations like China, USA and so on, something a bit like colonialism but the reason why this seems so is because Africans are still sleeping while outsiders who come from an already saturated world are seeing newer oportunities in Africa while we do not. It's the same with the internet and online business opportunities in Africa. Tech and internet giants are already taking over while we still sleep and they are already making millions by digging up our internet gold while we sleep. Companies involved in internet publishing, online advertising, payment processors, online directories, freelance communities and so on are taking the most stake in Africa while Africans do little or nothin about it. By the time there are a lot of internet users in Africa, we may find out that the best opportunities have alreayd being taken by global giants who came in early.
How can people in Africa make money from the internet
It's simple, you just need to:
- Think of a good business idea that can serve people
- Dominate your market
- Find out how to make money with it and be able ot receive payments online
Examples of internet opportunities with which Africans can make money:
- Web content publishing e.g Blogs, forums, classified, directories and so on
- Article writing
- Selling digital downloads
- Offering online payment services
- Online currency(FX) trading
- Freelancing
- Offering online advertising services
- Selling bulk sms services
- Online dating
- Online language translation website
There are a growing number of ways you can make money from the internet in Africa and with the wide expanse of land across the length and breadth of the world's second largest continent, you can live a pretty good life travelling, since you will be able to still make money from wherever you travel to in Africa.
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