Business

Top 5 Highest-Paying Jobs in Africa in 2024: Lucrative Careers to Pursue

Published

Saturday, 15 March 2025, 4:53 pm

Top 5 Highest-Paying Jobs in Africa in 2024: Lucrative Careers to Pursue 1

Contents

1. Software Developers 2. Data analysts 3. Full stack developers 4. IT professionals 5. Management consultants Conclusion

Top 5 Highest-Paying Jobs in Africa in 2024: Lucrative Careers to Pursue, Using the latest data from our research, Business Insider Africa has identified 8 detailed occupations with some of the highest mean annual salaries as of 2023, the most recent period for which data is available.

1. Software Developers

According to Glassdoor, software development is a lucrative and high-paying job on the African continent. With the high demand for software development jobs in Africa, African developers are getting full-time jobs that pay as high as $107,731 per year.

The job involves developing, designing, supporting, and deploying software to customers. Furthermore, these developers design application systems and ensure smooth operations. In addition, they create, analyse and test computer programs and software that solves a specific problem.

2. Data analysts

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Data analysts are professionals who collect, process and analyse data to help organisations make informed decisions. They use statistical methods and software tools to extract insights from large datasets and communicate their findings to stakeholders through reports and visualisations.

According to data from Glassdoor, the median salary for data analysts in the United States is around $65,000 per year. The median salary for data analysts in the United Kingdom is around £30,000 per year, while in Canada, the median salary is around C$50,000 per year.

In Africa, the average salary for data analysts is around $40,000-$50,000 per year. However, some data analysts may earn significantly more, particularly if they work for large multinational companies.

3. Full stack developers

Full stack developers are professionals skilled in developing both the front-end and back-end of web applications. They have a broad range of skills, including knowledge of languages such as HTML, CSS, and JavaScript for the front-end and languages such as Python, Java, and PHP for the back-end. Full-stack developers are in high demand in many industries, as they can work on all layers of a web application and can contribute to the development process from start to finish.

Salaries for full stack developers in Africa can be around $113,600 – $250,000 per year

4. IT professionals

Information technology (IT) professionals are in high demand in many African countries, as organisations increasingly rely on technology to improve their operations and communicate with customers. IT professionals design, build and maintain computer systems and networks and can work in various industries, including finance, healthcare, and government.

According to a report by the African Development Bank, the average salary for IT professionals in Africa is around $40,000-$50,000 per year. However, some IT professionals may earn significantly more, particularly if they work for large multinational companies or hold leadership positions.

5. Management consultants

Management consultants advise organisations on how to improve their operations and achieve their goals. They can work in a variety of industries, including finance, healthcare, and manufacturing. Many management roles in Africa can offer high salaries for individuals with the right skills and experience. Some potential options to consider include:

Chief executive officer (CEO) $100,000-$200,000 per year.
Chief financial officer (CFO) – $80,000-$150,000 per year.
Chief marketing officer (CMO) – $60,000-$100,000 per year.
Chief technology officer (CTO) – $80,000-$150,000 per year.

Conclusion

It’s important to note that these salary ranges are estimates and may vary depending on a variety of factors, such as the individual’s level of education, experience, and location. This is why we advise our readers to always research salary data for specific positions and industries before making career decisions.

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Business

Acquisition of Shell Petroleum Development Company of Nigeria (SPDC) Completed

Published

2 hours ago

March 15, 2025

John

Contents

1. Software Developers 2. Data analysts 3. Full stack developers 4. IT professionals 5. Management consultants Conclusion

Aradel Holdings Plc (’’Aradel’’), listed on the Nigerian Exchange Limited, is pleased to announce that the landmark acquisition of the entire (100%) equity holding in the Shell Petroleum Development Company of Nigeria (SPDC) by Renaissance Africa Energy Holdings (Renaissance) has been completed following the signing of a sale and purchase agreement with Shell in January 2024, and the subsequent receipt of all regulatory approvals required for the transaction.

Renaissance is a consortium consisting of Aradel Holdings PLC and three (3) other Nigerian independent oil and gas companies: ND Western Limited, FIRST Exploration and Petroleum Development Company Limited and the Waltersmith Group, each with considerable operations experience in the Niger Delta, and Petrolin, an international energy company with global trading experience and a pan African outlook.

We are proud of Renaissance’s completion of this strategic acquisition and extremely grateful to the Federal Government for entrusting us with the opportunities and responsibilities that this historic acquisition presents.

Aradel’s equity investment in Renaissance marks a significant step in the ongoing transformation journey of the company and demonstrates its commitment to asset diversification, and the creation of long-term value for its shareholders and stakeholders.

Adegbite Falade, MD/CEO of Aradel Holdings, commented on the completion of the acquisition, saying,

This is a landmark moment for Nigeria’s energy sector and heralds a new era for local participation. It highlights the vital role that indigenous energy companies play in Nigeria’s industrialisation and development. As the leading integrated indigenous energy company in Nigeria with a proven track record of twenty (20) years, we remain dedicated to upholding global standards and maintaining operational excellence.

We extend our appreciation to the Honourable Minister of Petroleum Resources, the CEO of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the GCEO of the Nigerian National Petroleum Company Limited (NNPCL) for their foresight and belief in paving the way for the completion of this transaction. This will surely facilitate the rapid development of Nigeria’s vast oil and gas resources, further paving the way for the Country to achieve energy security and industrial development.

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Business

Vieri rates Lautaro, Thuram over Ademola Lookman

Published

5 hours ago

March 15, 2025

John

Former Italian striker Christian Vieri has ranked Inter Milan’s Lautaro Martinez and Marcus Thuram ahead of Atalanta’s Ademola Lookman and

Contents

1. Software Developers 2. Data analysts 3. Full stack developers 4. IT professionals 5. Management consultants Conclusion

read more Vieri rates Lautaro, Thuram over Ademola Lookman

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Business

How poorly measured, optimised outdoor campaigns cost advertisers billions of naira annually

Published

8 hours ago

March 15, 2025

John

Contents

1. Software Developers 2. Data analysts 3. Full stack developers 4. IT professionals 5. Management consultants Conclusion

Outdoor advertising in Nigeria is a multi-billion Naira industry, with brands spending heavily on billboards, transit ads, and digital out-of-home (DOOH) displays to gain visibility.

Despite this massive investment, a significant challenge persists — many advertisers and agencies lack real-time actionable data needed to measure and optimise their OOH campaigns effectively.

The Reality of OOH Advertising in Nigeria

Nigeria’s OOH market is growing, with over 5,000 billboards spread across key cities like Lagos, Abuja, and Port Harcourt.
Brands in FMCG, Banking, Insurance, and Telecoms invest hundreds of millions annually in outdoor advertising.
However, most OOH campaigns are not properly tracked, leading to wasted budgets and missed opportunities for growth.

The Key Problems with OOH Campaign Measurement

No Clear Performance Data: Many brands rely on estimates rather than precise audience insights, making it difficult to gauge effectiveness.
Limited Visibility and Compliance Tracking: Without real-time monitoring, advertisers don’t know if their ads are displayed correctly.
Poor Budget Optimisation: Advertisers continue spending on underperforming locations due to a lack of accurate tracking.

The Solution: AI-Powered OOH Monitoring and Analytics

By integrating Retinaad’s AI-powered tracking solution, RetiTrak, you will improve your campaign and optimise your budget with the following:

Real-time Media Monitoring – Know exactly when and where your ads appear.

AI-driven Audience Measurement – Get real, actionable data on impressions and engagement.

Automated Campaign Reports – No more guesswork—make data-backed marketing decisions.

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Take Control of Your OOH Advertising Now

Marketing Managers, Brand Managers, and agency leaders stop wasting budgets on unverified outdoor media placements. Book a free demo with Retinaad Limited today and start tracking your DOO/OOH campaigns with precision. Click here to schedule your free demo now!

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