10 business ideas to start in Africa with less than 100,000 CFA francs
Investing in Africa with a low budget is quite possible, especially profitable; you just need to be a little imaginative without necessarily having a taste for business. Anyone can do it, especially with simple, effective and revolutionary tools. We will reveal to you in this article 10 business ideas that you can easily start with less than 100,000 CFA francs in French-speaking sub-Saharan Africa.
1. Dry cleaning or laundry services
With a small investment, you can buy a second-hand washing machine that still works well; a good quality iron, even the one you use for your personal or family use; a few new sheets to cover the table; and voila. Offer your services at home without having to rent premises, to maximize your profits at first, make yourself known by the quality of your services, and you will be pleasantly surprised by the profitability of this business.
2. Aesthetics and hairdressing services for men
If you do not know how to go about using a trimmer, only a few days are enough to get started, which is quite easy, where you can get trained in a local hairdressing salon. Just a trimmer, ethyl alcohol, sterilant, towels, a water heater, a few accessories, and that’s it. You can also offer your services at home.
3. E-commerce
E-commerce or online commerce is becoming easier and very inexpensive as an investment. You can easily create a website or blog if you want to sell compulsive buying products or even ‘passion products’, or even a sales funnel with a monthly subscription if you decide to sell products a little more expensive. , or what are called ‘products-solutions’. Just try it and you’ll be amazed at the true potential of the internet.
4. Home catering services
Ideal if you have a knack for a good cordon bleu. These are services increasingly demanded and appreciated by individuals, and which do not really require a large investment capital; eat good meals (lunch, afternoon tea, dinner, etc.) and deliver them to offices and homes at great prices. Very good profitability!
5. Get into net freelancing
Simply sell your knowledge online! you definitely have skills that you can monetize no matter what field you are good at. If you use the power of the internet for this, and do it the right way, even in Africa it works!
6. Beekeeping
Honey is one of the most consumed foods in the world, but especially in Africa. With a budget of less than 100,000 F CFA, all you have to do is build one or a few beehives yourself, find the places to put them to attract bees, and know when and how to collect honey. It’s very inexpensive!
7. Purchase-sale of market gardens
With your capital of less than 100,000 F CFA, you can easily buy fresh food as it is often called at a lower cost at wholesale price and resell it on the retail market and make a profit. You can also opt to sell the fruits, only that they are easily and quickly perishable. It is a profitable market in Africa.
8. Snail farming
Snail meat and slime is in high demand right now not just in Africa. You can learn inexpensively and start snail farming on a low budget. This sector is currently booming!
9. Cultivation of edible mushrooms
Edible mushrooms are increasingly in demand in the market, and supply still falls short of demand. The kilogram of dried or fresh mushroom is more and more expensive in retail spaces. Training is very inexpensive, and often free in structures approved by training organizations. Get started now!
10. The sale of trainings
With a low budget in Africa, less than 100,000 F CFA, you can train people very well to do what you do best yourself, and earn money.
And the list is not exhaustive ! with a low investment in Africa, it is quite possible to secure a business, it depends on your motivation and your ability to manage your resources.
