MARKET OUTLOOK
There is a huge market for solar enabled electronics and mobile accessories solutions. African economies face poor electricity supply, with only 58% of the population having access due to low production and infrastructure. Solar energy is becoming a more affordable and reliable alternative, as many Africans are turning to photovoltaic solar panels and solar enabled products for electricity generation and daily smart electronic usage.
Solar energy is a popular renewable energy source due to its lower setup costs, low maintenance requirements, and ability to be installed on various surfaces and terrains. Some of its potential benefits include reducing waste, pollution, and resource depletion for smart tech enthusiasts and budget-conscious consumers. Also enabling farmers to continue planting during drought and irregular rainfall, supporting their families and improving their livelihoods. However, solar energy adoption in Africa is still early due to significant upfront costs. Currently, solar energy generates about 9,604 MW of electricity in Africa.
Electronics is transforming modern civilization, with green energy-enabled smart home technologies and AI integration gaining momentum. Emerging trends in 2025 include IoT, 5G, AR, and VR, with top-notch smart light bulbs, advanced computing devices, and home appliances defining innovation.
Mobile Phone Accessories Market size was valued at USD 89.1 Billion in 2023 and is poised to grow from USD 95.16 billion in this year to USD 161.05 billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032). Africa mobile phone accessories market is estimated to be valued at US$ 4.6 Billion by 2030 according to Coherent Market Insight reports.
Smartphones are gaining popularity worldwide due to low prices, innovative features, and high-speed internet access. The mobile phone accessories market, particularly in Africa, is growing due to a large mobile user base and high smartphone usage. The decline in smartphone prices has also increased demand for these accessories, highlighting the growing importance of smartphones in the region.
AFRICA MOBILE PHONE ACCESSORIES MARKET - OPPORTUNITIES
Expanding E-commerce Industry.
Growing trend of online shopping in Africa is offering lucrative growth opportunities for the market players. Shopping through e-commerce platforms is increasing, thus posing excelling opportunities for mobile phone accessories manufacturers to target a specific customer base.
Furthermore, a majority of the population in Africa is inclined toward adopting low-cost products owing to poor economic conditions in the region. This, in turn, is expected to pose significant growth opportunities for manufacturers to target the consumer audience by introducing low-price products.
Technological Advancements and Simplifications.
Solar power bank and charging pads that adhere to the Qi compatibility standard are designed to enhance charging efficiency, ensuring compatibility with various devices. These Qi charging pads are capable of delivering effective charging over distances of up to 4 cm (1.6 in).
Both single-branded and multi-brand stores provide a wide array of wireless accessories, including chargers. As consumers are exposed to advanced accessories, their demand for such options is growing.
Detailed Segmentation:
Africa Mobile Phone & Solar Accessories Market, By Type
- Battery
- Charger
- Headphone & Earphone
- Memory Card
- Protective Case
- Portable Speaker
- Power Bank
- Solar Lamp
- Motion Sensor Bulb / Lamp
- Solar Printer
- Solar Fan
- Other Accessories
Traditional methods of using energy must be challenged by new technologies and solutions. As an illustration, consider our motion sensor lights, this last 7 – 10 days after a single charge in contrast to the standard LED bulbs which are outlined below:
Save Electricity.
Our motion sensor lights can reduce electricity consumption by up to 40% compared to manual switching. They save money by preventing lights from turning on in unused areas or when there is enough natural light.
Our motion sensor lights can reduce electricity consumption by up to 40% compared to manual switching. They save money by preventing lights from turning on in unused areas or when there is enough natural light.
Reduce Carbon Footprint.
Our Motion sensor lights help reduce your carbon footprint by preventing lights from being left on unnecessarily.
Our Motion sensor lights help reduce your carbon footprint by preventing lights from being left on unnecessarily.
Reduce Maintenance Costs.
Our motion sensor lights indirectly reduce maintenance costs by reducing electrical consumption.
Our motion sensor lights indirectly reduce maintenance costs by reducing electrical consumption.
Provide Enhanced Security.
Our motion sensor lights provide enhanced security for your home or office.
Our motion sensor lights provide enhanced security for your home or office.
FINANCIAL TARGETS
Our team has adopted the following financial targets:
Topline Growth:
Psychoteq Innovations expects to reach net sales of $40,000 by 2025 in its existing business through organic growth only. Expansion into adjacent categories and new markets will be on top.
Psychoteq Innovations expects to reach net sales of $40,000 by 2025 in its existing business through organic growth only. Expansion into adjacent categories and new markets will be on top.
Profitability:
Psychoteq Innovations will continue to prioritize topline growth, it expects to reach a high single digit adjusted EBIT margin in the current Core & Growth Markets business in 2025.
Psychoteq Innovations will continue to prioritize topline growth, it expects to reach a high single digit adjusted EBIT margin in the current Core & Growth Markets business in 2025.
Reinvestment:
In order to take advantage of its substantial revenue growth opportunities, and after its successful motion lights sale pilot in Ghana, Psychoteq plans to enter new markets in East and Southern parts of Africa such as: Kenya and Zambia in 2026.
In order to take advantage of its substantial revenue growth opportunities, and after its successful motion lights sale pilot in Ghana, Psychoteq plans to enter new markets in East and Southern parts of Africa such as: Kenya and Zambia in 2026.
Funding:
We aim to raise $20,000 by January 31 – 2025 with a maximum return of 25% to our investor in a period of 365 days, thus a total sum returns of $25,000 in 365 days to scale up our product production, digital and outdoor marketing.
We aim to raise $20,000 by January 31 – 2025 with a maximum return of 25% to our investor in a period of 365 days, thus a total sum returns of $25,000 in 365 days to scale up our product production, digital and outdoor marketing.
INVEST IN US
Psychoteq Innovations is selling eco-friendly product to the African market beginning with Ghana through e-commerce, collaboration agreements with agents, distributors and retailers. We are driven by new thinking. Our ambition is to become one of the top ten green energy enabled smart phone accessories companies in the world in terms of quality and technology. The business of the company is to develop, manufacture, import, export and trade in mobile phone accessories, solar powered accessories & lightening products.
OUR INVESTMENT OFFERS
Our investment offers are short term and run through a cycle from production to product sales only guaranteeing ease for financial backers and partners to recoup their capital with profits within a period of one (1) year. Interest with capital returns range between 5% to 30%, aligning with our 7 month and 12-month period flexible investor exit options.
