Africa 5.0.
"Africa 5.0" is the human-centred society balancing economic progress with solving social problems by integrating cyberspace with life.
Vision.
Our vision is to facilitate the realisation of Africa 5.0 by creating opportunities for collaboration between entrepreneurs and investors that would not otherwise exist.
Mission.
Our mission is to connect the key players, who will contribute most to the realisation of Africa 5.0, to each other, at the right time, through entrepreneurship storytelling on our platform. We act as facilitators for global capital to find and connect with the continent’s entrepreneurs of the future.
Context.
African economies are booming and ready to go further. Together with them, 375 million young Africans will enter the job market by 2030. Through trade and investment, we are looking to fill the gaps that currently stop Africa from reaching its full potential – focussing in particular on the three major sectors of education, healthcare and agriculture.
“96% of African CEOs say the availability of key skills is the biggest threat to their organisation’s growth”
— PwC
Africa needs broader access to investment and capital to fund and develop entrepreneurship.
Africa needs broader access to investment and capital to fund and develop entrepreneurship.
Growth In VC Funding Of African Companies
Small businesses play an important role in African economies but due to a funding gap, many of these businesses struggle to access adequate growth capital. Venture capital (VC) can fill this funding gap and has emerged as an important global source of growth capital.
VC funds invested $560 million in African start-ups in 2017, which is 0.025% of GDP compared to 0.325% in the USA. The VC funding raised by African tech start-ups in 2019 came to US$ 2.02 Billion, compared to US$ 1.163 Billion in 2018, representing +74% growth year on year. Growth in start-up funding remains among the most robust in the world.
Increase in value of global EdTech Investments
A Multi-Billion Dollar Sector: Venture Capital funds are increasingly interested in finding the sector’s most promising start-ups. 2019 saw new records in terms of funding round sizes in African VC and in the EdTech sector, with overall EdTech investments worldwide surpassing $18 billion in 2019, up from $16.34 billion in 2018. However, because of the Coronavirus pandemic, funding is down 24% in the first half of 2020 compared with the first half of 2019, according to Mastercard.
Investor Magnet is the one-stop shop for entrepreneurs and investors to take full advantage of the current growth.
Investor Magnet is the one-stop shop for entrepreneurs and investors to take full advantage of the current growth.
Africa Grows
Seven of the top 10 fastest growing economies of the world in 2018 were in Africa – all with GDP growth rates above 7% annually.
Africa Has Potential
Enrolment in tertiary education in Africa stands at less than 10%, compared to over 80% in North America and over 60% in Europe.
Africa Wants Education
The market for private education is experience sustained and continues with double-digit growth rates.
Africa Is Young
About 70% of Africa’s population is aged 25 or younger. By 2035, Africa’s workforce will be larger than any other country in the world.
“Africa is lagging the rest of the world in poverty reduction because it has not invested sufficiently in its people“
— Hafez Ghanem, World Bank Vice President for Africa
How Does It Work?
Qualified entrepreneurs and financial and strategic investors register on Billionaire Tomorrow and gain access to a wide variety of contents. We automatically capture the user’s interests based on their use of the platform and bring intelligent trade and investment recommendations based on specific interests. Recommendations will, amongst other aspects, be based on the kinds of articles that the user has been reading on Billionaire Tomorrow, what they comment on, or what they say they want to achieve.
Registered users will then be able to log in to the platform and view profiles of other entrepreneurs and investors which the platform will automatically recommend to the user.
“Money won't create success, the freedom to make it will.”
- Nelson Mandela