There are many business East African business opportunities that may interest you as a potential investor. The African continent is undergoing rapid growth and is opening up to the rest of the world for investment. The region has numerous natural resources and is already a big exporter of raw materials. At the same time, it imports quite heavily from the western world. Many countries in the region have young economies meaning that they have quite a lot in untapped opportunities.
One of the major investment opportunities in East Africa is exploration of natural resources. The region has a lot of deposits of precious minerals. Many of these deposits remain undiscovered and those that have been discovered have not been fully explored. Setting up a company to explore these minerals would surely earn huge returns. Recently oil reserves have been demonstrated in some areas and this is likely to attract of attention from the business community.
Agriculture is arguably the main agricultural activity in the region. The main cash crops grown include tea, coffee and horticultural products. These crops coupled with animal products bring in huge earnings. There are many areas where an investor can plug in. One of the areas is the supply of inputs and equipment. Many of the farmers get credit facilities from financial institutions therefore will manage to pay for the supplies most of the time.
Apart from the selling of inputs, the other area that may provide an opportunity of investment is the purchase of agricultural produce. You can act as a link between the farmers and their markets. Many of them want to cash in as soon as possible without going through the hustle of looking for markets. After buying the produce at an affordable price, you can look for the market and make a profit.
East Africa is known all over the world for its unique wild life varieties and beautiful scenery. The weather is also pleasant during the better part of the year. For decades, it has been a preferred destination for tourists from all over the world. The numbers sometimes run into hundreds of thousands per year. This sector provides a major investment opportunity in areas such as hotel and hospitality, travel agencies and tour guide companies.
There is a lot of enthusiasm for technology in Africa. Internet usage rates have soared over the last few years. Related to this increase is the increase in demand for computers, mobile phones and other electronics. If you put your money in technology, you most certainly will not be disappointed. All that you need to do is to research well to clearly identify your target clients.
Africans have traditional been known to jealously guard their culture. They like to transfer their cultural practices from one generation to another. This does not, however, mean that they are not willing to embrace other people with their cultures. Imported clothes and shoes are on high demand in the region as people begin to embrace western styles of fashion.
There are several sectors of East African business that may generate good returns for the investors. A proper understanding of markets is needed if you want to succeed. Consult with other investors in this region so as to make well-informed decisions.
One of the major investment opportunities in East Africa is exploration of natural resources. The region has a lot of deposits of precious minerals. Many of these deposits remain undiscovered and those that have been discovered have not been fully explored. Setting up a company to explore these minerals would surely earn huge returns. Recently oil reserves have been demonstrated in some areas and this is likely to attract of attention from the business community.
Agriculture is arguably the main agricultural activity in the region. The main cash crops grown include tea, coffee and horticultural products. These crops coupled with animal products bring in huge earnings. There are many areas where an investor can plug in. One of the areas is the supply of inputs and equipment. Many of the farmers get credit facilities from financial institutions therefore will manage to pay for the supplies most of the time.
Apart from the selling of inputs, the other area that may provide an opportunity of investment is the purchase of agricultural produce. You can act as a link between the farmers and their markets. Many of them want to cash in as soon as possible without going through the hustle of looking for markets. After buying the produce at an affordable price, you can look for the market and make a profit.
East Africa is known all over the world for its unique wild life varieties and beautiful scenery. The weather is also pleasant during the better part of the year. For decades, it has been a preferred destination for tourists from all over the world. The numbers sometimes run into hundreds of thousands per year. This sector provides a major investment opportunity in areas such as hotel and hospitality, travel agencies and tour guide companies.
There is a lot of enthusiasm for technology in Africa. Internet usage rates have soared over the last few years. Related to this increase is the increase in demand for computers, mobile phones and other electronics. If you put your money in technology, you most certainly will not be disappointed. All that you need to do is to research well to clearly identify your target clients.
Africans have traditional been known to jealously guard their culture. They like to transfer their cultural practices from one generation to another. This does not, however, mean that they are not willing to embrace other people with their cultures. Imported clothes and shoes are on high demand in the region as people begin to embrace western styles of fashion.
There are several sectors of East African business that may generate good returns for the investors. A proper understanding of markets is needed if you want to succeed. Consult with other investors in this region so as to make well-informed decisions.
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