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I SEE MONEY IN AFRICA
I SEE MONEY IN AFRICA I SEE MONEY IN AFRICA
9. MICROFINANCE BUSINESS: Africa is considered the
poorest continent in the world. Most people in Africa
live way below the poverty line; these people also lack
access to banking services in their locality. The
microfinance industry targets low-income individuals
and small businesses that require access to standard
banking services.
tomatoes due to lack of proper processing and poor
10. FASHION DESIGN: African fashion is slowly gaining storage options. This is an opportunity you can tap
prominence in Europe today, where there is growing into. You can establish processing and storage
interest in African fabrics. This is a business companies for tomatoes when they are harvested,
opportunity that you can go into. You can get involved then, proceed to sell them.
in the design and sales of clothing and accessories, and
13. WOODWORK BUSINESS: Africans are known for the
cater to Europeans who are keen on enhancing their
wardrobe. use of wooden tables, chairs, and shelves in their
schools, offices, hospitals and even for domestic
11. INSURANCE AGENCY BUSINESS: As a result of purposes. As a business investor, you can establish
inconsistent economic growth in Africa, many furniture making companies and hire people to
companies run at a loss, and others end up liquidated. produce furniture for commercial purposes.
However, by establishing an insurance agency, you can
14. AGRICULTURAL BUSINESS: An image of an
help people reduce the risk and cost of running a
overworked, poor farmer comes to mind when
business in Africa. You can also connect businesses
agriculture is mentioned in Africa. Many people
with investors.
associate agriculture with only rural areas. However,
12. TOMATO FARMING BUSINESS: Tomato is the most continents like Asia and Europe are investing billions
consumed fruit in the world. It is also grown in Africa, in buying hectares of land for agricultural purposes.
but the continent still spends a lot of money importing Even Dangote recently invested $1 billion into rice
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