Some of these ideas for business may make you shake your head in disbelief while others may make you mutter, “Aah! Why didn’t I think of that?” And you won’t even be the only one with that reaction.
These business ideas are thriving on the African continent, and all have one thing in common; they are all real businesses that make money.
Maggot breeding is a very veritable avenue for money making because the larvae comes handy in the production of animal feeds. Many people have become millionaires by culturing maggots for fish farmers as well as other farmers.
AgriProtein, a maggot breeding company founded by South African Jason Drew is a young business that is doing something very remarkable that could totally change the animal feed industry. The company is breeding billions of flies on a farm to lay eggs and produce maggots.
There you go. Try it!
It is the time for everything Eco-friendly, and shoes are not exempted. Eco-friendly footwear are done with a blend of creativity and the use of an amazing array of materials from inner tubes to hemp.
Bethlehem Tilahun Alemu from Ethiopia through her company, SoleRebels, makes beautiful Eco-friendly footwear. Her footwear sells in more than 50 countries including the USA, Canada, Japan and Switzerland.
This is one awesome business idea to try.
Conversion of cow dung to fuel
Traditionally, cow dung has been used as a fertilizer, but today, it is being collected and used to produce biogas. This gas is rich in methane and is used in rural areas of India/Pakistan and elsewhere to provide a renewable and stable source of electricity.
Takomoto Biogas, founded by a team of Americans and Kenyans has created a system that allows rural dairy farmers to convert cow dung (animal waste) into a clean and cheap fuel (biogas) that is used for cooking, lighting and heating.
This sure one good business idea to explore.
Low-cost private schools
The number of low-cost private schools in low- and middle-income countries has steadily increased. This is a profitable business enhanced by revenue- generating strategies and access to affordable capital.
Omega Schools (Ghana) and Bridge International Schools (Kenya) are two schools changing the face of education in Africa through an innovative and highly effective low-cost primary education model.
Apparently, it is possible to provide education to the poor and still make money.
Electric aerial vehicle
Moving across distances in Nigeria is critical (especially for farmers and manufacturers) because of the bad roads. But even well-paved roads may not be the ultimate answer to Nigeria’s transportation and logistics problems because tarred roads are actually expensive to build and maintain.
Andreas Raptopoulos , founder of Matternet, is tackling the bad roads problem. Matternet is an electric, autonomous, aerial vehicle that can transfer up to 2 kilograms of payload across a distance of 10 kilometers in about 15 minutes.
Innovations like this make life easy. Let’s think!