There are so many business ideas that you can start and run successfully in Africa. Whatever the business, no matter what capital you use on it, has the potential of growing into something big. Below are some of the businesses that you can start in Africa whether you have the capital or are just trying to make ends meets.
Selling Second Hand Clothes
This is one of the many business ideas that most Africans fear venturing into. However, if you can have the courage to start it, it is a booming business to start. The good thing about this business is that you don’t require a lot of money to start it. With only $10 you can start selling second-hand
Barber Shop or Salon:
While most people underestimate this particular business and associated it with the less educated in the society, it is one of the most lucrative business that has the potential of making a great You can start by paying a visit to your clients whether in their homes or offices before you make enough money to pay rent for premises. A standard barbershop or salon shop rent can cost between $60 and $150. After that, you can strategy in ensuring that, you get money to buy modern equipment which will cost around $1000.
Motorcycle Transport Business
There are several youths who have really ventured into this business and it seems to be paying off for them. So if you are in Africa and you want to invest in this particular business, you can buy several motorcycles and rent them out to the youth so that, they bring you daily payments from what they make. In a good day, each motorcycle will be able to bring you around $5 profit. You can as well sell the motorcycles to those who have ready cash to purchase or loan them out. Motorcycles in Africa cost between $600 and $1200.
Mobile Money Transfer Business
Mobile money has really grown and it is competing well with banks. Even though it seems to be overcrowded, no matter the location you are operating from, the fact remains that, at the end of the day, and you will make some profit. You will require having at least $1000 to start the business.
This is another business that you can start with a low capital. You can start this particular business with just $200. As the amount of chicken increase, you will be able to see the growth in your business.
Photocopying And Printing
This is one of the best businesses to start near a school, a university or college. To start it, you will need a capital of at least $70.
Sausages and Boiled Eggs
If you are in Africa and you have a little capital and you want to venture into a business, selling boiled eggs and sausages which you need a capital of $10.
So next time you think of starting a business in Africa, get started on one of the above.