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Benefits of Hiring African Talents

The global demand for skilled programmers is growing, the supply of qualified candidates is not keeping pace. According to a study by Korn Ferry, about 85 million people will be needed to fill new tech positions by the year 2030, if unchecked in the next decade the talent shortage could result in about $8.5 trillion in unrealized annual revenues. As a result of the tech shortage, companies are struggling to fill open positions in areas such as software development, cyber security, data analytics, and artificial intelligence. Consequently, the interest to hire remote programmers is increasing, as well as the interest to hire talents from other regions.

Hiring African talents can bring many benefits to businesses, such as untapped tech talent supply, diverse perspectives, cost-effectiveness, and access to the African market. By harnessing the potential of African talents, businesses can build more resilience and successful organizations that can thrive in today’s global economy.

In this blog post, we will explore the benefits of hiring African tech talents.

Untapped Tech Talent Supply

African countries are rapidly developing their technology and IT sectors, with the African professional pool of developers rising from 69,000 to 716,000 between 2020 and 2021. 

In fact, Africa has a vast pool of tech talent but it is still untapped and overlooked by the majority of the global tech giants.

Digital skilling organizations, programs, and accelerators like Andela, Decagon, Alt School, ALX, and others across the continent are training young African talents and building their technical and power skills to create new pathways in the tech career and to have access to fulfilling career opportunities, all this is aimed at building the tech workforce. 

By tapping into the vast tech talent pool in Africa, companies are not only solving challenges brought about by the global tech talent shortage but will also be benefiting from the skills of the talents. 

Diverse Perspective

One benefit of hiring African talents is the diverse perspectives they bring to the workplace. Africans come from a wide range of cultural, educational, and professional backgrounds, and their experiences and knowledge can enrich teams or organizations. According to Deloitte organizations with inclusive cultures are twice as likely to meet or exceed financial targets as those without.

Many businesses are now recognizing the importance of diversity, equity, and inclusion (DEI) and are taking steps to improve their DEI practices. In hiring African talents, businesses can demonstrate their commitment to DEI and contribute to building more inclusive workplaces. This can also have a positive impact on employee morale,  job satisfaction, and a higher rate of employee retention.

Cost-Effective

Hiring remote African talent can help businesses save on overhead costs such as office space, equipment, and utilities. With a growing remote culture, companies can hire the best talents remotely without geographic limitations.

Further, hiring remote African talent means that businesses do not have to provide work visas or relocation packages, which can also help save costs.

Several African countries have implemented policies and incentives to attract foreign investments, including tax breaks and subsidies for companies hiring local talent. For example, Morocco has implemented the “Moroccan Competence Development Fund” which provides subsidies to foreign companies that hire and train local talents, the program is aimed at promoting job creation and reducing unemployment.

Finally, the cost of living in many African countries is lower than in developed countries, which translates to lower labor costs. Hiring African tech talents can thus be cost-effective for companies looking to keep their labor costs low.

Access to the African market

Hiring African talents can also provide businesses with access to the African market. African economies are growing rapidly, and companies that are considering expanding into African markets benefit from hiring the local talents.

By hiring African talents who understand the local customs, practices, and languages, businesses can gain insight in how to better navigate the complex African business environment. This can help businesses to better serve their customers, build strong relationships with local partners, and identify new growth opportunities in the continent. For example, Google is one of the companies that has recognized the potential of tech talents in Africa. Google has established a presence in several African countries, including Kenya, Nigeria, and South Africa, and has invested in initiatives to promote tech education and entrepreneurship. The company has also launched several products and services tailored to the African market, such as Google Maps for Africa and Google Stations.

In summary, hiring African talents can bring numerous benefits to businesses. It is a solution to the global tech talent shortage, diverse perspectives and ideas, access to the cultural market, technical skills, and cost savings.  By leveraging the strengths of African tech talents, businesses can improve their competitiveness, build stronger customer relationships, and stay ahead of the evolving market. There are global tech companies that have hired African tech talents and are showing great success, some of which are AWS, Google, and Microsoft.

You can share with us some other benefits of hiring African talents. 

If you are looking to hire remote tech talents from Africa, visit our website here.

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