The world is transitioning to a digital sphere. Just like the physical world, the online world is not always what it seems like. While some may use the internet to find information or solve problems, others are taking the opportunity to make money online.
Namibia is no exception. With the country’s digital economy growing by 23% in 2018, and likely to continue growing, more and more people are taking the opportunity to make money online in Namibia.
If you’re considering making money online in Namibia or Africa in general, here’s what you need to know.
The Growth in Online Entrepreneurship In Africa
From a small base in 2011, the gig economy in Africa is predicted to grow to $22.9 billion by 2025.
In fact, across the continent, entrepreneurs are increasingly looking towards the internet to grow their businesses. According to the Global Entrepreneurship Monitor, only 24% of African businesses rely on large corporations for support, and 76% are supported by customers and dedicated employees.
The opportunity to make money online in Africa is therefore massive, and entrepreneurs are looking to take full advantage of it.
Namibia is a prime example of this trend. From a small base of just 400 online businesses in 2011, the number of online entrepreneurs in the country has grown to over 12,000. This represents an increase of 126% in a 5-year period. It’s estimated that there are over 24 million digital nomads living in Namibia, and the trend appears to be continuing. In fact, the number of digital nomads in the country has nearly doubled in the last year alone.
The Digital Nomad Niche
Namibia is well-positioned to take advantage of this trend. Not only does it boast one of the highest internet connections in Africa, boasting 5G and 4G coverage, but it also has a very high number of mobile users. This is largely thanks to cheap data plans and mobile phone coverage which is almost universal.
Namibia is also home to some of the world’s most spectacular game, including Tomb Raider, Monster Hunter, and more. If you’re looking to make money online, you can find highly profitable niches in this country.
Whether you’re looking to start a blog or want to explore the lucrative world of cryptocurrency, you can easily find the information and educational material you need in Namibia. It’s a destination for online entrepreneurs, and it’s easy to see why.
The Rising Crypto-Currency Market In Africa
Bitcoin and other similar cryptocurrencies have grown in popularity in Namibia. In fact, per the World Bank, the country now has one of the fastest-growing bitcoin economies in the world. The amount of businesses accepting cryptocurrency payments has more than doubled in the last year alone, with the most popular altcoin, Ethereum, now being used in almost all areas of the economy. It would seem that Africa is interested in cryptocurrencies, and entrepreneurs are jumping on the bandwagon to make some money.
If you’re looking to make money online in Africa or Namibia in particular, consider looking into the world of cryptocurrency. It’s an exciting time to be a part of this growing market, and it’s likely to grow even more in the next few years.
Become A Virtual Assistant
If you’re looking to make money online in Namibia or Africa in general, consider a career in virtual assistance. With more and more businesses moving to remote working, having a virtual assistant is a must for any business or organization.
Virtual assistants handle everything from handling email communications to editing documents and videos. They also connect customers to the company through customer support websites or social media accounts.
You don’t need to have experience to become a virtual assistant. All you need is an internet connection, a microphone, and a computer or mobile device. Once you’re up and running, you can start earning a commission from any company that wants to hire you. You can find work remotely and take advantage of the opportunity to work from anywhere in the world. You’ll be able to connect with customers, and grow your business, virtually.
E-Commerce And Online Shopping In General
If you’re looking to make money online in Namibia or Africa in general, consider e-commerce and online shopping. Not only does it provide an easy way to earn money, but it also provides a way for consumers to connect with businesses they might not have heard of before.
A huge percentage of the population in Namibia is still not connected to the internet. If you’re looking to grow your business and make money online, consider setting up an e-commerce store or ordering online.
e-Commerce and online shopping aren’t just limited to digital nomads in Namibia. With many people having limited access to financial services, online stores provide a convenient way for people to buy what they want, when they want it.
If you’re looking to make money online in Africa or Namibia in particular, consider taking advantage of this trend by setting up an e-commerce or online store.
Blogging And Content Creation
If you’re looking to make money online in Namibia or Africa in general, consider taking advantage of the trend by starting a blog. A blog can be anything from a personal journal to a site featuring news articles and tips on various topics. You can use a tool like WordPress to easily set up a blog in no time at all.
If you’re looking to make money online in Africa, you can choose from a wide range of profitable niches, including health, fitness, style, and lifestyle. When choosing topics for your blog, make sure that you cover at least a little bit of everything. As the saying goes, ‘If you can’t write, then you can’t blog’. Make sure that your posts are good, original content, and that you have enough data to back up your claims.
Analytics And Measurement
If you’re looking to make money online in Africa, consider starting a blog. A blog can be anything from a personal journal to a site featuring news articles and tips on various topics. You can use a tool like WordPress to easily set up a blog in no time at all.
Blogs can be very useful in terms of measuring the effectiveness of marketing campaigns and identifying areas for improvement. Online marketplaces like Hootsuite let you see all of your blog’s metrics in one place, providing you with a quick snapshot of how your blog is performing.
Make Money From Affiliate Marketing
If you’re looking to make money online in Africa, consider an alternate route that doesn’t involve starting your own business. Affiliate marketing is a form of marketing where you get paid a commission when someone clicks a monetized link or buys a product that’s promoted on your blog or social media accounts.
The person clicking on the link or making the purchase doesn’t know you, but you get paid whether they make the purchase or not. You simply need to have an audience, a way to monetize your content, and a track record of delivering high-quality content. If you can pull these three things together, you can make a lot of money from affiliate marketing.
Take Advantage Of The Rich Media Opportunities
While starting a blog is a great way to make money online in Africa or Namibia in particular, consider taking advantage of the country’s rich media opportunities. More and more people are turning to the internet to find news, views, and experiences, and many news organizations are delivering live video feeds 24/7. If you have a camera and an internet connection, you can start your own TV station.
Whether you’re looking to take advantage of the country’s vibrant media scene or want to follow the latest news stories, you can easily find the information and educational videos you need in Namibia.
The Growing E-Commerce And Online Shopping Industry In Africa
From a small base of just 400 online businesses in 2011, the e-commerce and online shopping industry in Africa is predicted to grow to $22.9 billion by 2025.
In fact, across the continent, entrepreneurs are increasingly looking towards the internet to grow their businesses. According to the Global Entrepreneurship Monitor, only 24% of African businesses rely on large corporations for support, and 76% are supported by customers and dedicated employees.
The opportunity to make money online in Africa is therefore massive, and entrepreneurs are looking to take full advantage of it.