There is no doubt that the world is now a global village. What was thousands of miles away a few decades ago now seems to be just within our neighbourhoods, thanks to the advances in technology. Many formerly remote areas have now been opened up and are easily accessible. The African continent, for example, has asserted its place as a leading business partner. It is now a major importer and exporter of goods and services. The East Africa region is transforming rapidly. As an inspiring investor, there are many East African business opportunities that may interest you.
A major area that you may want to consider for investment is the exploration of natural resources. There are numerous deposits of precious metals in the region most of which are economically viable. Entering this sector does require that you secure a sizeable amount of capital because of the huge expenses involved but what is certain is that you will earn yourself tremendous returns. The discovery of oil reserves in some areas has already attracted a lot of attention.
The agricultural industry is one of the biggest sectors of the region. Huge earnings are realised from the sale of cash crops and animal products. There are many areas in these sector in which a potential investor can do business. The sale of farm inputs and agricultural equipment is one of them. The produce is often used as the collateral. Alternatively, loans can be obtained from a number of financial institutions.
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.
Globalisation has resulted in extensive exchange of cultures among different people. Africans have adopted some foreign cultures and have in turn exported their own. One way in which this has been achieved is in the sale and purchase of clothing. As a business person you can sale clothes and shoes between Africa and the rest of the world.
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.
A major area that you may want to consider for investment is the exploration of natural resources. There are numerous deposits of precious metals in the region most of which are economically viable. Entering this sector does require that you secure a sizeable amount of capital because of the huge expenses involved but what is certain is that you will earn yourself tremendous returns. The discovery of oil reserves in some areas has already attracted a lot of attention.
The agricultural industry is one of the biggest sectors of the region. Huge earnings are realised from the sale of cash crops and animal products. There are many areas in these sector in which a potential investor can do business. The sale of farm inputs and agricultural equipment is one of them. The produce is often used as the collateral. Alternatively, loans can be obtained from a number of financial institutions.
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.
Globalisation has resulted in extensive exchange of cultures among different people. Africans have adopted some foreign cultures and have in turn exported their own. One way in which this has been achieved is in the sale and purchase of clothing. As a business person you can sale clothes and shoes between Africa and the rest of the world.
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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