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The Education Business in Africa: Profitable Opportunities in this Vast and Growing Market

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OCT 26, 2022 LISTEN
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A crisis in education

Government-sponsored schools and training facilities face common challenges. There isn’t enough funding, teachers are under-trained, and standards are falling. This means that parents prefer to enroll their children in private schools where they have to pay. Population growth in Africa is faster than in most other countries in the world. Over 60% of the population is under the age of 25. By 2050 the population is projected to more than double from the current one billion.

Higher education opportunities

The state of university education in Africa is chaotic. Many applicants who write university entrance exams do not get admitted. If they have the money, they will go to other continents for their higher education. Africans want to invest in higher education. This is because they realize it can get them higher-paying jobs. But the demand for higher education is greater than African universities can cope with. They are poorly funded and not well run.

Essay writing services: Essay writing is an integral part of university studies. It can be challenging to learn how to write them. African students in college make use of essay writing services. By hiring a plagiarism free essay writer from EduBirdie, they have more time to spend studying. Receiving a quality essay gives them a good example to learn from. It can also help them to improve their own essay writing skills.

Distance learning: Distance learning and online courses are immensely popular among African students.

Private universities: Setting up private universities is capital-intensive. There is such great demand that it could justify such an investment.

Primary and secondary education opportunities

In Sub-Saharan Africa, United Nations reports show that school fees may account for over a quarter of the income of a poor family. This includes tuition and indirect fees such as textbooks and uniforms.

Africans believe in the power of education to help lift them out of poverty. They are prepared to invest money in educating their children. Parents make great sacrifices to ensure their children receive a decent education.

Private schools: Private schools can provide solutions to the growing demand. Two private schools already operating in Africa educate many poor children at low fees. This is Bridge International Academies in Kenya and the Omega school chain in Ghana.

Private tutors: There is also a demand for private tutors to give children extra lessons after normal school hours. Children who receive extra lessons often perform better at school.

Vocational training opportunities

There’s a severe shortage of vocational training facilities in Africa. There are not enough skilled workers like plumbers or technicians. Without skilled workers, it’s impossible to provide the goods and services necessary for economic growth. The shortage of skilled African workers means skilled foreign workers get jobs. Unemployment is an issue in Africa. It’s no wonder the demand for vocational training is high.

Offer vocational training: Vocational training involves practical work. Entrepreneurs who want to offer vocational training need capital to invest. They need workshops, equipment, machines, tools, and materials.

Professional training and certification

Internationally accredited certification is required for certain jobs. Some of the professions where there’s a need for certification include:

  • Business and entrepreneurship
  • Information technology
  • Law and management training
  • Supply chain management

Government-backed organizations or private national or international organizations regulate these professions. Candidates need training according to a specific curriculum. Only then can they write exams and receive certification.

Private certification training: Private companies can train candidates. They can help those who want to get professional certifications. They can also run examination centers and test students for international bodies. They make sure there’s no cheating and get a percentage of the fee.

Personal development training

Personal development training to teach soft skills may include courses on:

  • Leadership
  • Communication
  • Team building
  • Entrepreneurship
  • Negotiation
  • Time management

Private training companies: Businesses or government departments may not have the time or ability to train employees in soft skills. This offers an opportunity for private training companies to train them.

Workshops, conferences and retreats: Entrepreneurs may organize courses for individuals. Public and private organizations may also want to send employees to workshops for training in soft skills.

Conclusion

Quality education is in demand in Africa due to governments that can’t cope with the demand and a growing population. This means there are many profitable business opportunities available. Entrepreneurs can make money and provide solutions to impact African lives at the same time.

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