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Rising Africa: 10 Business Start-Ups In Africa

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Africa has a lot of business opportunities for budding entrepreneurs. Here is a list of 10 businesses that one can invest in Africa.

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Page 1: Rising Africa: 10 Business Start-Ups In Africa
Page 2: Rising Africa: 10 Business Start-Ups In Africa
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1. Building Material Supply Business

• The construction industry is expected to grow faster in the

coming years and a massive urbanisation is expected in

Africa

• This will lead to a boom in material supply

• Entrepreneurs will need to focus on marketing aggressively

as it can be a highly competitive field

• Other focus areas would be to get quality building materials

• The initial investment will be high in this business, but it

promises attractive returns.

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2. Oil & Gas Business

• This business is considered risky but promises high returns

• For entrepreneurs interested in this field there are multiple

business opportunities like Oil Drilling & Exploration,

Equipment leasing, Filling stations, Oil & Gas consulting,

Contract basis Petroleum supply, Oil & Gas health safety

and environment, monitoring, installations etc.

• There is a huge potential due to the large oil reserves found

in many parts of Africa.

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3. Hotel Business

• This industry is understood by analysts to be attractive and

profitable.

• Now with Africa witnessing economic growth, it is expected

to have a positive impact on tourism and travel.

• For entrepreneurs interested in this area of business, hotels

can be classified in terms of location, quality and size.

• Entrepreneurs have to decide on hotel type based on initial

startup capital and operational constraints they foresee.

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4. Property Investment

• There seems to be an increasing demand for high-end office

space, retail space and affordable residential housing.

• The growing expatriate population and the emerging middle

class are also boosting property rate.

• As Africa’s economy grows, lucrative investment

opportunities for property investors are going to rise.

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5. Project Monitoring & Data Collection

• Many international organisations in Africa depend on

consultancies from Europe for various field statistics and are

also spending huge amounts for the field data.

• A local company providing the data will be very cost effective

and will also reduce the dependency on the international

agencies

• This type of business can be initiated by the group

statisticians and sociologists (or interdisciplinary groups).

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6. Adventure Tourism

• Africa is a popular destination for Adventure tourism as it

has the potential to provide a huge variety of adventure

sports.

• The investment in such business is comparatively less than

the mainstream tourism.

• This is similar to the tourism with more emphasis on

physical activities, interaction and engagement with nature.

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7. Investing in Real-estate

• Africa currently is in the phase of urbanization, where people

are shifting from rural areas to cities. Therefore, opening a

huge scope in housing and real estate

• The African government is overburdened with housing

projects hence, increasing the opportunity for private

investors

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8. Food Processing

• One can start a small scale industry for production of cereals,

pulses, fruits, vegetables, soya milk, tofu etc.

• At present African countries are spending money on

importing food items. This current situation opens the door

for the investors to invest in production of food items locally.

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9. Logistics and Transportation

• The scope of logistics and transportation is wide in itself, it

includes the trucks to transport goods, the fleet of transport

bus services, taxis and commuter buses.

• Investment in Logistics and Transportation seems to be a

good opportunity in Africa.

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10. Manufacturing Industry

• South Africa and other parts of Africa have a developed

manufacturing industry and has potential to compete in

global market

• Manufacturing business has a wide scope, it can be done for

textiles, clothing, footwear, chemicals, automotive, ICT,

electronics, metals etc.

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Mara Foundation’s Ambition

We enable, inspire and empower ambitious entrepreneurs in Africa. With the support of our Mara Mentors we will:

Inspire millions of young people in Africa to become entrepreneurs.

Teach entrepreneurs new skills.

Enable entrepreneurs to turn business ideas into a reality.

Guide business owners to grow businesses and hire (more) employees.

Empower entrepreneurs by providing a platform to showcase their business and build their network.