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I SEE MONEY IN AFRICA
      I SEE MONEY IN AFRICA                                                                                                                   I SEE MONEY IN AFRICA

                 occasionally, which is why people prefer not to waste                           consumed  daily,  and  you  can’t  run  at  a  loss  if  you
                 money buying party  equipment;  they prefer to  rent                            venture into this business and do it well. You can create

                 them. Event rental businesses help people add spice to                          numerous job opportunities for many people and also
                 their  events  and  retain  beautiful,  long-lasting                            contribute  to  their  economic  growth.  The  poultry
                 memories.  You  can  purchase  and  rent  out  this                             business also has the potential to create food security
                 equipment to make events look more glamorous.                                   and  industrialisation.  For  example,  in  Namibia,  the
                                                                                                 broiler industry contributed 0.71% to its overall gross
           6.    NURSING  HOME  BUSINESS:  Compared  to  Europe,                                 domestic profit in 2017.
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                 the notion of setting up an institution that caters to the
                 elderly is quite foreign to most African countries due to                 8.    COSMETICS  BUSINESS:

                 their cultural beliefs. However, with the fast-growing                          The cosmetics industry is
                 population  of  Africa,  it  has  become  expedient  for                        a billion-dollar one, as it
                 nursing  homes  to  be  established  regardless  of                             thrives on people’s desire
                 conservatism  or  cultural  beliefs.  It  is  generally                         to look and feel good with
                 believed that young people are expected to take care of                         soaps,  lotions,  make  up,

                 their elderly parents, but the pressure for work and                            etc. You can decide on the
                 labour seems to stand against such belief. It appears                           manufacture and sales of
                 the only viable solution is the nursing home. You can                           cosmetic  products.  An
                 tap into this gold mine by establishing a nursing home                          example  of  a  successful
                 and hiring well-trained nurses.                                                 entrepreneur  in  the
                                                                                                 c o s m e t i c   b u s i n e s s
           7.    POULTRY  FARM  BUSINESS:  Poultry  farming  is  a                               industry  is  Renchia  Droganis—a  South  African  who
                 profitable  business  which                                                      started  from  her  kitchen  and  sold  around  her

                 involves  the  rearing  of                                                      neighbourhood.  She  went  from  making  $400  to
                 domestic  birds  commercially                                                   making  $1  billion  monthly  from  the  sales  of  her
                 for  mass  production  of  meat                                                 products to other countries.
                 and eggs. Meat and eggs are
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                                                                                                Retrieved from https://economist.com.na/39524/agriculture/broiler-industry-contributes-0-71-to-gdp-in-2017/


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