Top 20 Best Investment Opportunities In Africa For Entrepreneurs

Investment Opportunities In Africa–The continent of Africa becomes a top destination for foreign investors. Whichever sector or business you want to invest your money, it is available in Africa, and most entrepreneurs are now venturing the opportunities. Entrepreneurs turn these opportunities to become means of making profit, empowerment and improve the standard of living in the continent. It is imperative that, as an entrepreneur that want to invest in Africa, regardless of the business you want to correct in access thoroughly the market and carry out survey most importantly on the problems facing the continent and how to provide a solution that will yield profitable returns. Thus, this article is centred on the Top 20 Investment Opportunities in Africa.

TOP 20 BEST INVESTMENT OPPORTUNITIES IN AFRICA FOR ENTREPRENEURS 2020- STEP BY STEP GUIDE.

Africa is currently attracting major investors from around the world. Below is the Top Best Investment in Africa for Entrepreneurs.

Energy Sector
Housing Investment
Housing Investment
Banking and Financial Services
Agriculture Business
Education Business (Private School)
Healthcare Facilities
Local Products Exportation
Film and Videos
Renewable Energy
Automobiles Business
Urban Transportation
Food Processing
Food Processing
Startup Funding
ICT infrastructure
Furniture Business
E-Commerce
Fin-Tech
E-Commerce

#1. Energy Sector
Startup capital: the most time it varies according to your location
Profit: you can make at least 35% profit of your capital in just a month

The energy sector in Africa is poor and under-explored. Poor electric supply is one of the major challenges in the continent, leaving the majority of the countries still living in the dark and the few places that enjoy electricity pay high electric bills. Providing an alternative solution such as solar power, inverters among others at an affordable price to the people will not only solve the electricity problem but fetch your income as well.

#2. Housing Investment
Startup capital:

The housing sector is another huge Investment Opportunity in Africa for entrepreneurs to invest in. The continent has a huge housing problem in all its urban settlement.

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#3. Housing Investment

The housing sector is another huge Investment Opportunity in Africa for entrepreneurs to invest in. The continent has a huge housing problem in all its urban settlement. Most people prefer to settle in urban areas which are the main factor behind rural to urban migration. When this migration occurs, people need homes to stay. Providing a solution to this problem as an entrepreneur is profitable.

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#4. Banking and Financial Services

The banking and financial sector is another Investment Opportunity in Africa an entrepreneur should be interested in. the financial sector of Africa is growing annually and attracting giant investors especially from China and major countries in Europe. An entrepreneur can offer services such as index tracker agency, market research agency, an investment boutique, package confidential investment newsletters among others which in return provides needed income.

#5. Agriculture Business

Agricultural business is one of the major Investment Opportunity in Africa. Agricultural business in Africa is very profitable and African countries practice agriculture, mostly, by peasant farmers who practice small scale farming rather than large scale basis. As an entrepreneur, you can start up a business in this field be it farming, animal rearing, sales and supply of farming tools/equipment, agricultural consultant, etc. Aside from earning money in this business, you will also provide job opportunities for locals and increase food production.

#6. Education Business (Private School)

Education is grossly underdeveloped in most African countries. The quality of education in most African public school is really poor. This can be attributed to poor education funding, inadequate school facilities to accommodate the increasing student population, corruption in the sector as well. As an entrepreneur, you can take advantage of this loophole and invest in the education sector by establishing a private school that provides quality education.

#7. Healthcare Facilities

Still, on Investment Opportunities in Africa, an entrepreneur can invest in, we move to Healthcare Facilities. It is no doubt that the continent is facing a grave challenge in the healthcare sector. Most of the public health facilities are poorly funded. Also, the movement of doctors to developed countries has reduced capable hands in African healthcare facilities. This is an opportunity for entrepreneurs interested in investing in Africa. Establishing a private health facility goes a long way to help improve health care service in Africa and then earn money in return.

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#8. Local Products Exportation

Africa is known to export a few local commodities aside from crude oil that is largely exported from the continent to others. This is a profitable Investment Opportunity in Africa that entrepreneurs can venture into. Though it is demanding and tasking the profit made is worth the service. You can export local produce to countries that demand and make use of them and be paid in return.

#9. Film and Videos

This is an aspect of the entertainment industry you can invest in. The continent of Africa is blessed with young, talented and creative minds that are good in acting. It is no news that there are great movies shot in Africa which have made big hit within and outside the shores of Africa.

#10. Renewable Energy

Not all African citizens enjoy electricity, and many depend on firewood and charcoal for domestic use. With the global clamour for climate friendly-energy solutions, most of the innovative renewable energies are brought to Africa in the bid to cut down the use of carbon-emitting materials for domestic usage. Several entrepreneurs have ventured into this business and are earning a substantial income.

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#11. Automobiles Business

Automobile transportation on the continent is a thriving business. The rate of purchasing automobiles in Africa is very high because many want to avoid using public transportation, some for show up/leisure and others for public transport business. The business is dicey, but you can venture into this by importing automobiles and selling them.

#12. Urban Transportation

Majority of African countries experience rural-urban movement because of the search for a better and standard living. This migration has increased the population rate in most urban settlement thereby rubbing off on the transportation system and infrastructure. The urban transport system is growing due to this factor and is a profitable Investment Opportunity in Africa for entrepreneurs to invest in.

#13. Food Processing

Post-harvest losses and waste is a big issue in countries across Africa despite not producing enough food to meet their own need. In the bid to curb post-harvest waste and losses, food processing of what’s left is the way forward. Entrepreneurs can invest in food processing and sell to the end users directly or in wholesale buyers.

#14. Food Processing

#15. Startup Funding

This is one of the newest businesses in Africa and has quickly risen to be a trending business on the continent. There hundreds of thousands of creative and talented young minds in Africa who lack funds to start up their business, you can take advantage by providing them with the funds needed.

#16. ICT infrastructure

Information communication technology is a growing field in countries across the continent. Not many countries have tapped into this infrastructure, and as such, it is a good Investment Opportunity in Africa where entrepreneurs can earn money.

#17. Furniture Business

The rise and increase in the real estate market in some African countries have increased the demand for furniture. Homeowners are attracted by beautiful designs and quality furniture that adds to the beauty of the house.

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#18. E-Commerce

E-commerce is fast becoming a large industry in Africa and as such leads to demand more data, real-time services, and a presence across various platforms.

#19. Fin-Tech

Most people in Africa still use cash for the transaction and have no access to financial services. Fin-tech involves the use of technology used to help people to access financial and banking services. The advent of fin-tech has made it easier to access financial services.

#20. E-Commerce

Last on the list is E-commerce, a fast becoming a large industry in Africa and as such leads to demand more data, real-time services, and a presence across various platforms.

How To Start Profitable Business In Africa

Another question that has been ringing in the mind of unemployed Youth In Africa is the problem of starting up a business in their environment; some are finically not capable of starting any business. Some do not have the skill and human resources to startup. Here are the things you can put up to start your own business running perfectly.

Step By Step Guide To Start Your Small Business In Africa 2020

Choose Your Desire Area in the above-Listed Opportunities
Learn the skills from the nearby work station
Secure a mild loan; there are different banks ready to give loans to enable ready hands if only you have the skill needed to operate such business and offer services to people
Finally, start a contribution from your derived profits and plan to grow beyond your startup.

Challenges Of Small Scale Business In Africa

Tax:

One of the difficulties most African Small Scale Business face is huge taxation from the government which always has a greater impact on the running capital of small scale business. Small business is taxed the same rate medium, and big businesses are taxed.

Solution:

The government should seek a way out to give a lesser rate to small business and business that is just starting for some time, then their capital must have grown and had the power to pay a better rate

Power supply:

Another issue being faced by most African Business is the fluctuating and unstable power supply, this always have a huge effect on businesses that make use of machines and other facilities that make use of electricity to run their daily business

Solution:

The government should localize an area for small business area and make power supply constant in that area; this will at least reduce the cost of production and other materials being used in the process of production.

Conclusion on Top 20 Best Investment Opportunities in Africa for Entrepreneurs 2020- Step by Step Guide.

Major investors especially from Europe, Asia, and America, are investing heavily in virtually every sector in Africa. The African market is open and welcome investors that will boost the continent’s economy. You can make your pick of any business on the list and invest as they are the Top investment in Africa for Entrepreneurs.

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