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Peter Bouchard http://www.peter bouchard.ne

Peter Bouchard - Rising Africa- 10 Business Start-Ups in Africa

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Peter Bouchard - Rising Africa: 10 Business Start-ups In Africa. http://www.peterbouchard.net

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Peter Bouchardhttp://www.peterbouchard.net

Peter Bouchardhttp://www.peterbouchard.net

Peter Bouchardhttp://www.peterbouchard.net

1. Building Material Supply Business The construction industry is expected to grow faster in thecoming years and a massive urbanisation is expected inAfrica This will lead to a boom in material supply Entrepreneurs will need to focus on marketing aggressivelyas 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 itpromises attractive returns.Peter Bouchardhttp://www.peterbouchard.net

2. Oil & Gas Business This business is considered risky but promises high returns For entrepreneurs interested in this field there are multiplebusiness opportunities like Oil Drilling & Exploration,Equipment leasing, Filling stations, Oil & Gas consulting,Contract basis Petroleum supply, Oil & Gas health safetyand environment, monitoring, installations etc. There is a huge potential due to the large oil reserves foundin many parts of Africa.Peter Bouchardhttp://www.peterbouchard.net

3. Hotel Business This industry is understood by analysts to be attractive andprofitable. Now with Africa witnessing economic growth, it is expectedto have a positive impact on tourism and travel. For entrepreneurs interested in this area of business, hotelscan be classified in terms of location, quality and size. Entrepreneurs have to decide on hotel type based on initialstartup capital and operational constraints they foresee.Peter Bouchardhttp://www.peterbouchard.net

4. Property Investment There seems to be an increasing demand for high-end officespace, retail space and affordable residential housing. The growing expatriate population and the emerging middleclass are also boosting property rate. As Africas economy grows, lucrative investmentopportunities for property investors are going to rise.Peter Bouchardhttp://www.peterbouchard.net

5. Project Monitoring & Data Collection Many international organisations in Africa depend onconsultancies from Europe for various field statistics and arealso spending huge amounts for the field data. A local company providing the data will be very cost effectiveand will also reduce the dependency on the internationalagencies This type of business can be initiated by the groupstatisticians and sociologists (or interdisciplinary groups).Peter Bouchardhttp://www.peterbouchard.net

6. Adventure Tourism Africa is a popular destination for Adventure tourism as ithas the potential to provide a huge variety of adventuresports. The investment in such business is comparatively less thanthe mainstream tourism. This is similar to the tourism with more emphasis onphysical activities, interaction and engagement with nature.Peter Bouchardhttp://www.peterbouchard.net

7. Investing in Real-estate Africa currently is in the phase of urbanization, where peopleare shifting from rural areas to cities. Therefore, opening ahuge scope in housing and real estate The African government is overburdened with housingprojects hence, increasing the opportunity for privateinvestorsPeter Bouchardhttp://www.peterbouchard.net

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 onimporting food items. This current situation opens the doorfor the investors to invest in production of food items locally.Peter Bouchardhttp://www.peterbouchard.net

9. Logistics and Transportation The scope of logistics and transportation is wide in itself, itincludes the trucks to transport goods, the fleet of transportbus services, taxis and commuter buses. Investment in Logistics and Transportation seems to be agood opportunity in Africa.Peter Bouchardhttp://www.peterbouchard.net

10. Manufacturing Industry South Africa and other parts of Africa have a developedmanufacturing industry and has potential to compete inglobal market Manufacturing business has a wide scope, it can be done fortextiles, clothing, footwear, chemicals, automotive, ICT,electronics, metals etc.Peter Bouchardhttp://www.peterbouchard.net

Peter Bouchardhttp://www.peterbouchard.net

Mara Foundations AmbitionWe 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 becomeentrepreneurs.Teach entrepreneurs new skills.Enable entrepreneurs to turn business ideas into areality.Guide business owners to grow businesses and hire(more) employees.Empower entrepreneurs by providing a platform toshowcase their business and build their network.Peter Bouchardhttp://www.peterbouchard.net