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I SEE MONEY IN AFRICA
I SEE MONEY IN AFRICA
is a profitable venture as the fashion industry will
always remain economically viable due to a steady
demand for clothing. Also, fashion evolves daily due to
diverse needs and trends, so if you can stay up to date
with the trends, you can venture into the sales of
elegant fashion wear.
35. RAW FOODSTUFF SALES AND MARKETING: Africa
is home to more than 1 billion people, all of whom must
eat because food is an essential commodity. This
presents you with a business opportunity in the sales
and marketing of raw foodstuff. You can choose to
package and brand these food items and export them,
or you can sell them locally for immediate
consumption.
36. RECHARGE CARD SALES AND MARKETING:
According to a report in the GSMA Mobile Economy
series, at least 1 billion people in Africa (84% of the
population) will have access to a SIM connection by
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I SEE MONEY IN AFRICA
2025. This growth is also expected to increase the sub-
Saharan economy by $150 billion as well as the demand
for telecoms materials, e.g. recharge cards. As a smart
African who’s looking to take advantage of
opportunities on the continent, you can start a
business in the sales of recharge cards and other
telecoms accessories.
37. DAY-CARE BUSINESS: With over 40% of Africans
living in urban areas, families are turning to day-care
centres for their kids to improve their cognitive and
learning skills, among other benefits. This is to the
benefit of anyone with a degree and interest in
child/adolescent development.
38. DRY CLEANING BUSINESS: Part of the long-term
impact of urbanisation is the reduction of income
inequality and improvement of economic growth.
Subsequently, a growing number of the populace
record an increase in their disposable income; as such,
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