What are the top profitable businesses to start in africa in 2020.
Well, there are many businesses in which can give much African financial freedom and really good life,
unfortunately, Africans do not see that and they prefer to risk their life by crossing the Mediterranean Sea to go to Europe thinking to get life.
In this article we will show you the top profitable businesses to start in Africa in 2020 even if you are not able or do not want to start in Africa,
you can help share this article to those who only dream Europe and think that Europe is heaven on earth, wrong concept.
God created you and put some resources where you are to use and have a good life.
Among the top riches in the world you will realize that the first blacks riches are not black American but black Africans who live in Africa for example
aliko Dangote (Nigeria),
Jason Njoku (Nigeria),
Adaora Mbelu-Dania (Nigeria),
Richard Maponya (South Africa),
Patrice Motsepe (South Africa),
Nthato Motlana (South Africa),
Gina Din-Kariuki (Kenya),
Jean Bosco Nzeyimana (Rwanda), etc.
Here are a list of top profitable businesses to start in Africa 2020
- Digital marketing agency (internet marketing):
Budget to start this business is from 0$ (zero dollars),
Why this business is very profitable because first,
it does not require a big capital of money to start and
secondly there is always a high demand in marketing most of the companies have already a budget for their marketing
so in Africa, they still use traditional or expensive way to do market like TV,
to show ad spot on TV.
Now there are many platforms for marketing as a result of internet marketing (Youtube, Facebook, Instagram, Twitter, etc.).
These platforms are very fast to spread the message, videos viral
but not many companies are using them in full advantage probably because they do not have time or lack of professionals.
So doing a digital marketing agency in Africa is very profitable only skills needed.
To learn about these platforms there are many free training courses on youtube you can look for them.
- Clothes pressing services:
The budget to start this business is estimated at 3500$.
I hope you have observed that many people in Africa stay in town or their activities are in town so they need the clothes pressing services.
You need to choose a good place to have a pressing where many people walk much time.
To start this business two machines one to clean and the other to dry with the budget of 3500$ you will be able to start a medium pressing in Africa in countries.
- Aquaculture (fish farming):
The budget to start this business is estimated at 2500$.
Fish is one of the base food in Africa and is not subject to taboo for any culture or religion.
Fish is very recommended to eat as it is very healthier.
Many countries in Africa import fish while they have the main resource for aquaculture water (rivers everywhere).
Aquaculture is a very profitable business in which you can make a lot of many in Africa by providing basic food.
- Poultry Business:
The budget to start this business is estimated from 700$ and up depending on the quantity you want to start with.
The poultry business is very profitable the same as aquaculture fish farming the food wanted in Africa.
The business cycle takes 45 days to start getting the money so if you have enough money you can sell every week because you made the groups have 45 days every week.
The budget to start this business is estimated from 2500$ and up depending on the quantity you want to start with.
Agriculture is one of the safest businesses were in the majority of people who invest do not loose.
There are many options with agriculture and later invest in the transformation of those products.
Agriculture is one of the best businesses you can start in Africa based on facilities that the continent itself offers like fertile land, good weather, rivers, and so on.
You are able to do any kind of agriculture in Africa.
- Tourism agency and rental affiliation:
Africa have a lot of good places to visit and big historical places which attract many tourists.
The tourism agency is one of the top profitable businesses to start in Africa in 2020.
The rental affiliation is a profitable added service to tourism agency as we know the tourists will need accommodations, car rental so by adding these services,
you will earn commission by collaborating with hotels or other accommodation owners,
when you bring tourists to them they can pay you up to 10% even for the cars rental.
- Second-hand Tires and motor spares:
The budget to start this business is estimated from 28000$.
This is a very profitable business in Africa there are many cars but the industry to manufacture tires therefore high demand for replacement when tires are damaged.
The same for motor spares many cars high demand for motor spares and more profitable,
the estimated budget is for a full container of tires but you start small by sharing with other entrepreneurs to by the full container. You may start as you can.
Selling second-hand tires is very profitable in africa.
There are a lot of businesses to start in Africa,
the ones mentioned above are accessible to almost everyone and what few people are doing so if you know or you think of some other businesses accessible to everyone please contact us to share of experience in the business.
Africa is a good place to live and do business, the market still empty for big competition but high demand from clients.