Peter Bouchard - Rising Africa: 10 Business Start-ups In Africa

Peter Bouchard
http://www.peterbouchard.net

1. Building Material Supply Business
• The construction industry is expected to grow faster in the
coming years and a massive urbanisation is expected in
Africa
• This will lead to a boom in material supply
• Entrepreneurs will need to focus on marketing aggressively
as it can be a highly competitive field
• Other focus areas would be to get quality building materials
• The initial investment will be high in this business, but it
promises attractive returns.
Peter Bouchard

2. Oil & Gas Business
• This business is considered risky but promises high returns
• For entrepreneurs interested in this field there are multiple
business opportunities like Oil Drilling & Exploration,
Equipment leasing, Filling stations, Oil & Gas consulting,
Contract basis Petroleum supply, Oil & Gas health safety
and environment, monitoring, installations etc.
• There is a huge potential due to the large oil reserves found
in many parts of Africa.
Peter Bouchard

3. Hotel Business
• This industry is understood by analysts to be attractive and
profitable.
• Now with Africa witnessing economic growth, it is expected
to have a positive impact on tourism and travel.
• For entrepreneurs interested in this area of business, hotels
can be classified in terms of location, quality and size.
• Entrepreneurs have to decide on hotel type based on initial
startup capital and operational constraints they foresee.
Peter Bouchard

4. Property Investment
• There seems to be an increasing demand for high-end office
space, retail space and affordable residential housing.
• The growing expatriate population and the emerging middle
class are also boosting property rate.
• As Africa’s economy grows, lucrative investment
opportunities for property investors are going to rise.
Peter Bouchard

5. Project Monitoring & Data Collection
• Many international organisations in Africa depend on
consultancies from Europe for various field statistics and are
also spending huge amounts for the field data.
• A local company providing the data will be very cost effective
and will also reduce the dependency on the international
agencies
• This type of business can be initiated by the group
statisticians and sociologists (or interdisciplinary groups).
Peter Bouchard

6. Adventure Tourism
• Africa is a popular destination for Adventure tourism as it
has the potential to provide a huge variety of adventure
sports.
• The investment in such business is comparatively less than
the mainstream tourism.
• This is similar to the tourism with more emphasis on
physical activities, interaction and engagement with nature.
Peter Bouchard

7. Investing in Real-estate
• Africa currently is in the phase of urbanization, where people
are shifting from rural areas to cities. Therefore, opening a
huge scope in housing and real estate
• The African government is overburdened with housing
projects hence, increasing the opportunity for private
investors
Peter Bouchard

8. Food Processing
• One can start a small scale industry for production of cereals,
pulses, fruits, vegetables, soya milk, tofu etc.
• At present African countries are spending money on
importing food items. This current situation opens the door
for the investors to invest in production of food items locally.
Peter Bouchard

9. Logistics and Transportation
• The scope of logistics and transportation is wide in itself, it
includes the trucks to transport goods, the fleet of transport
bus services, taxis and commuter buses.
• Investment in Logistics and Transportation seems to be a
good opportunity in Africa.
Peter Bouchard

10. Manufacturing Industry
• South Africa and other parts of Africa have a developed
manufacturing industry and has potential to compete in
global market
• Manufacturing business has a wide scope, it can be done for
textiles, clothing, footwear, chemicals, automotive, ICT,
electronics, metals etc.
Peter Bouchard

Mara Foundation’s Ambition
We enable, inspire and empower ambitious entrepreneurs in Africa. With the support of our Mara Mentors we will:
Inspire millions of young people in Africa to become
entrepreneurs.
Teach entrepreneurs new skills.
Enable entrepreneurs to turn business ideas into a
reality.
Guide business owners to grow businesses and hire
(more) employees.
Empower entrepreneurs by providing a platform to
showcase their business and build their network.
Peter Bouchard

Peter Bouchard - Rising Africa: 10 Business Start-ups In Africa

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Peter Bouchard - Rising Africa: 10 Business Start-ups In Africa