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Business ideas with strong profit potential in Africa

Posted By Stephen King     Sep 13    
I see a huge opportunity in electric motorbikes in urban centres across Africa,” says Mansoor Hamayun, CEO of pay-as-you-go solar power company BBOXX.

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Electric motorbikes for Africa’s urban centres

“I see a huge opportunity in electric motorbikes in urban centres across Africa,” says Mansoor Hamayun, CEO of pay-as-you-go solar power company BBOXX. “There is a strong market for motorbikes, and they are often the main mode of transport for many people.”
“The transition from traditional fuel to clean energy has huge potential and a number of positive implications for the environment and people’s health in Africa’s big urban centres. It is innovations like these that will enable us to move the dial on the Sustainable Development Goals as the driving force for wider economic development.” Read the full post.

Opportunity for more value retailers in Nigeria

Michael O’Malley, director of real estate development company RMB Westport, says there is an opportunity for value retailers to enter the Nigerian market, which will drive the development of shopping centres.

“The retailer base in Nigeria at the moment is not broad enough for even the smaller centres to gain a lot of traction. The types of retailers that are currently present in Nigeria are not offering a discount product to the public. We need value discount retailers to… look at the market opportunity in Nigeria.” Read the full post.

 

Garbage disposal: the next big thing?

Hasnain Noorani, the CEO of Pride Group, a Kenyan-company involved in the hospitality, transport, travel and energy industries, believes garbage disposal could be the next big thing in Africa.

“One of the biggest challenges that Africa is facing at the moment is hygiene and cleanliness, perhaps because of widespread poverty. Hygiene has become an issue that needs to be tackled. The amount of garbage that is collected on a day-to-day basis in Africa is huge.

“But disposal of all that waste is something that has been a problem in Africa, especially with the usage of plastics, which don’t decompose over time and create litter.

“One of the opportunities, which, I believe, is untapped and has huge potential, is coming up with a cheaper solution of trying to see how garbage can be disposed of not only on a small-business level but perhaps also at the city level. This may involve coming up with equipment that can take in all that garbage and using it to produce a renewable energy

source.howwemadeitinafrica

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