Page 81 - ebook.html

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

43. FILM PRODUCTION BUSINESS: Africa houses the 46. GYM BUSINESS: Globally, there is a rise in health
world’s second-largest movie industry, Nigeria’s consciousness that has positively impacted the
Nollywood, which generates up to $590 million demand for organic food options and gyms. More
annually. As an investor or aspiring business owner, Africans are investing in physical fitness, and a part

this speaks of the film industry’s growth and gives an of that is tied to the availability of gyms which then
assurance of reasonable return on investment. presents a profitable business opportunity.
47. WINE BAR BUSINESS: According to a 2019 report
44. GRAPHICS DESIGN BUSINESS: As an aspiring by IMARC, a leading market research company, the
entrepreneur in Africa, you can utilise your skills in West African alcoholic beverage market was valued
graphics design to manage design projects for at $10.8 billion in 2019. This number is expected to
publications, user interfaces, marketing and increase as urbanisation and disposable incomes

advertisement projects, motion graphics, and many increases, presenting a befitting opportunity for
more. people who want to start a wine bar business.
48. WASTE MANAGEMENT: Compared to European
45. PHONE REPAIR BUSINESS: The increasing use of countries, Africa underutilises its waste and
mobile phones on the continent presents an avenue presently recycles very little of it. This poses a
for new jobs to be created in the telecoms industry, challenge for the continent if swift action is not
like phone repairs. This skill can be maximised to taken. In the same vein, it presents a wide range of
build a thriving business. business opportunities.

49. DIGITAL MARKETING: As an aspiring entrepreneur
who is conscious of the role of technology in 21st

68 69