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Home News

How African Consumers are Shaping the Future

by Joan Aimuengheuwa
December 29, 2022
in News
1
How African Consumers are Shaping the Future
African lady shopping online

African lady shopping online

UBA
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The future is here, and it’s African. The continent has been a developmental mess for decades, but the tide is turning and consumers are ready to embrace new technology in order to realise their aspirations. 

With broadband access becoming more affordable across Africa every day, this means that there’s never been a better time to be an entrepreneur who wants to sell products or services online.

The Internet is the Number 1 thing African consumers have on their minds

It’s a key tool for them to learn about new products and services, share experiences, and share opinions.

We are all familiar with Google searches that lead us to websites where we can buy things like clothing or food from around the world. But have you ever thought about how much time you spend on your phone searching for information? 

This could be something as simple as looking up directions or finding out which restaurants have gluten-free options close by your destination before driving there (or even just deciding what restaurant would make an excellent date night). In addition, many people use social media platforms such as Facebook and Twitter when planning trips abroad—and these platforms allow users to share their photos while they are traveling through interesting places along their itinerary!

New technology is a priority for African consumers

African consumers are tech savvy and want to be ahead of the curve. They are always looking for the next great thing, so they’re interested in new trends and products. They want to be able to buy products online, or through their mobile phones.

In addition, African consumers are also interested in luxury items like watches or handbags because these are status symbols that can show off their wealth and success as well as their personality traits like generosity or sophistication (i.e., “I have enough money so I don’t need anything else”).

But what do they really want?

African consumers are becoming more aware of the importance of their purchasing power and are looking for products that reflect this. They want to be able to choose the products they buy, not just what is available in the market or on sale at retail outlets. For example, if you have a favorite brand that sells shoes, it would be nice if your kids could also find them and buy them too. This idea is gaining traction as many companies are now offering loyalty programs which allow customers to earn points when buying certain items from their favorite brands.

African consumers also want access to information about products before making a purchase decision; so much so that many prefer shopping online instead of visiting physical stores or malls where there is less choice available compared with online shops where users can search through thousands of items before making a decision!

Health, personal care and home care

African consumers are shaping the future of health, personal care and home care. The top three areas of interest for African consumers in 2022 were:

  1. Health/wellness
  2. Personal care and beauty products (including skin care)
  3. Homecare

Consumers across Africa are motivated by the same key factors

African consumers want to be healthy, safe, happy and successful. They also want to be connected and entertained.

African consumers are motivated by the same key factors as other consumers around the world: they want to feel good about themselves, their family and friends. They also want to avoid feeling isolated from other people or feeling like an outsider in society at large.

The Internet and social media are powerful tools for African consumers

The Internet and social media are powerful tools for African consumers. In fact, according to a 2015 study by Pew Research Center, the internet is their number one thing on their minds—ahead of everything else including politics, religion and even health care.

The Internet has become an important platform for communication with consumers in Africa because it allows companies to reach out directly to them. Social media is another great way of engaging with them so they can share information about products or services being offered by your business online. It also gives you access into what people are talking about in real time when they’re searching through search engines like Google or Bing (two popular options).

Broadband access is crucial if African consumers are to realise their aspirations

Africa is a continent of 1.2 billion people, with growth rates that are among the highest in the world. The region’s economies have been growing at an average annual rate of 3% over the past decade and it has become one of the fastest-growing regions in terms of market size and population growth. However, these high levels of development have not always been accompanied by improved access to digital technologies such as broadband internet connections (which make up 90% or more of households in only seven African countries). There are several reasons why this situation exists:

Many African governments do not prioritize investment in infrastructure compared with other areas such as health care or education; they also tend not to provide subsidies for mobile devices such as smartphones or tablets which would help lower prices while encouraging users towards adoption rates where they could reach higher levels than those seen elsewhere on earth today!

Conclusion

In conclusion, it is clear that African consumers are at the forefront of innovation and technology, looking for new ways to improve their lives. This demand for more personalised services has led to the development of new technologies that can cater specifically for this market segment. 

But with these developments come challenges as well: How do we make sure that our customers have access to what they need when they need it? How will broadband access enable the kind of connectivity needed by Africans – especially those living in rural areas? These questions will surely be answered in the coming years as we continue our investment into Africa’s digital infrastructure.

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Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

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Tags: African ConsumersBroadbandFutureinnovationtech trends
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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