African Business ideas for 2016

#1. Farming
You can produce Carrots, Onions, Leeks, Tomatoes, Spinach, cucumbers,
Cabbages, Garlic, Pumpkins, Capsicums, Lettuce, potatoes, sweet potatoes, etc
and sell to the local marketplace. Mushrooms Production, rice cultivation,
cassava cultivation, goat Farming, pig farming, dairy cattle, etc

#2. Real Estate
Real Estate market is on the rise in Africa. Africa has a huge housing problem in
all its urban areas. Other than normal housing business activity ideas like
cement blocks making, stabilized earth bricks making unit are some of the
business ventures you can explore in Africa.

#3. Home Food Processing
Fruit Juice Making, Sausage Making, Meat Grinding, Soymilk Making are some
of the small business projects you can explore in Africa.

#4. Intellectual Property Services
As African economy grows more Multinational organization will start investing in
Africa. Small companies are bound to grow to support these large corporates.
There would be a requirement of IP providing companies to structure and
protect intellectual properties.

#5. E-commerce
E-commerce activities are in the growing phase in Africa. The biggest problem
in E-commerce transactions is online fraud. Any company successful in bringing
trust in an online transaction will surely reap huge benefits as the market is
very large.

#6. Energy
Africa desperately needs a huge supply of power for development. The main
source for power generation in Africa is hydro-based. If you have the capital
investing in the energy sector is a potentially profitable option.

#7. ICT Services
There is tremendous scope in building a business in the field of information and
communication support. Companies in Africa are desperately looking for
investors in this field.

#8. Logistics
Lack of large-scale dependable logistic provider is a big problem in most
countries in Africa. This creates a huge business opportunity for investors in
investing in the logistic sector.

#9. Data Collection Services
Every big organization depends on authentic data before deciding for any
activity. Unfortunately, there is few valuable and structured data sources
available in Africa. International community hires overseas consulting firm for
data collection and spends a huge sum of money. This creates a huge business
potential for African entrepreneurs having some expertise in data collection
services.

#10. ManPower Recruitment
Finding suitable manpower is a big
problem for companies working in Africa. At
present, there are few qualified recruitment
companies in Africa. Starting a
recruitment firm and providing manpower
is a very big business opportunity in Africa
right now.

culled from 99businessideas.com