Wednesday
December 6
2023

How Companies in Africa Are Transforming Cost Centers into Cash

By Emeka Ajene 

One way to think of a business is as an interconnected system that turns investments — labor, time, money, raw materials, equipment, etc. — into profit.

So if you were to open a lemonade stand, you’d invest in the stand, invest in the lemons, invest in the sugar, and turn that into profit by selling cups of lemonade at a high enough margin.

But what if instead of just selling lemonade, you could also sell lemonade-making-as-a-service?

Photo courtesy of geralt.

Source: Afridigest (link opens in a new window)

Categories
Technology
Tags
business development, digital payments