It’s true there are lots of amazing business opportunities in Africa. However, it can get very confusing if you don’t know where to look. I'll be sending out a couple of posts over the next few days that will show you ten of the hottest business opportunities in Africa that will create more successful entrepreneurs and millionaires in 2015.

‘The best place to find gold is to look where it has been found before.’

The opportunities in the following posts have created some of the biggest successes Africa has ever seen. If you want to increase your chances of building a successful business in 2015, these opportunities could make your dream come true.

Watch this space!

have u become the millionaire...??

#1 - The Green Revolution



Around the world, the appetite for green and eco-friendly products and services is growing quite rapidly. Due to the threats of climate change, any solution that preserves the natural environment, reduces waste and pollution, and promotes reuse and recycling have become huge business opportunities.

Several African entrepreneurs and startups are already riding the wave of this opportunity and are becoming hugely successful.

In Ethiopia, Bethlehem Alemu’s Solerebels has become the world’s first truly eco-friendly footwear brand. This hugely successful business makes footwear from recycled waste material and sells its footwear products to customers in North America, Europe and as far as Japan.

There’s also South Africa's Thato Kgatlhanye (pictured above), the young founder of Repurpose Schoolbags which makes eco-friendly and solar-enabled bags from up-cycled plastic shopping bags. And there’s also Patrick Ngowi, the Tanzanian entrepreneur who has built a multi-million dollar business from solar power. Biogas production from organic waste is also another growing opportunity that is really taking off in East Africa.

The Green Revolution will definitely be an interesting space to watch in 2015!

#2 - Fashion



Africa’s fashion and beauty market is developing at an impressive rate. The continent’s overwhelmingly young population provides a ready market for trendy fashion. All kinds of apparel, including locally-made fabrics and imported designer labels have become hot-selling products across Africa’s rapidly expanding urban areas.

Africa has hundreds of rising stars who are building successful businesses in the fashion and beauty industry. I’ll share a few interesting examples with you.

Suzie Wokabi is one of Africa’s leading entrepreneurs breaking into the beauty and personal care market, a sector that is dominated by international giants like Unilever, Procter & Gamble, L’Oréal and Mary Kay. Suzie Beauty, the cosmetic business she started about 7 years ago in Kenya, has become hugely successful.

Kunmi Otitoju is another inspiring entrepreneur who has built a successful business with her luxury label, Minku. Her young business makes high-quality leather bags designed with Aso-oke fabric, a hand-loomed cloth woven by Nigeria’s Yoruba people. Her unique designs have become a major hit in high end stores in Nigeria.

The list of promising African entrepreneurs who are building successful businesses in the fashion industry is quite impressive. This would be an interesting industry to watch in 2015.

More power to ur elbow OP,am interested in your post; kindly let them roll in.

Continr

Pls Continue

#3 - Real Estate



The demand for both residential and commercial real estate continues to grow across Africa. However, there is still a huge accommodation shortage in most cities on the continent.

In Nigeria, for example, over 16 million new residential houses need to be built to solve Nigeria’s serious housing problem. The estimated cost of providing these homes stands at a whopping $350 billion!

The opportunities in Africa’s real estate market include investing in land and real estate (properties) to take advantage of fast rising property prices. There is also lucrative potential in developing middle and low-income housing, office and shop space for sale, lease or rent.

The real estate business never goes out of fashion because house and property prices will always rise. Almost every millionaire in the world invests in real estate because its returns, unlike other types of investment, is almost always sure.

In Nigeria, 2015 will be another year for people who invested in real estate to cash out. Many of them will become millionaires because of an important decision they made some years ago.

Squeeze yourself. Whatever you can do, commit to buying a piece of property this year. Africa's real estate market is just getting started and will create hundreds of millionaires over the next two decades.

If you’d like to take a closer look at the opportunities in the African real estate market, you should check out this article: The Hottest Property Market in the World - How to Invest and Make Money in Real Estate in Africa.

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#4 - Fruits & Fruit Juice Concentrates



The global market for fruit and vegetable juices is growing fast and is forecast to exceed 70 billion liters by the year 2017. This rapid growth is driven by a rising customer preference for healthy drinks (like fruit juices) over soft drinks (such as carbonated drinks – like Coke and Pepsi). There is also a rising demand for organic, super fruit and 100 percent natural fruit juices without any sweeteners and preservatives. This means that nowadays, producers require more raw fruits to make a glass of juice.

The amazing thing is, more than 70 percent of fruits consumed in the world are tropical fruits. Oranges, pineapples, mangoes, paw-paw etc. They all grow naturally and abundantly in many parts of Africa, which largely has a tropical climate.

The fast rising demand for tropical fruit juices is making fruit juice manufacturers around the world to look to Africa for reliable supplies of fruit juice concentrates for the growing fruit juice markets in North America and Europe.

Despite the huge advantage that Africa has in fruit production, millions of dollars worth of fruits waste and go rotten every year on the continent. In fact, despite being a major producer of oranges, fruit juice manufacturers in Nigeria still spend millions of dollars every year to import orange juice concentrates from abroad.


One company in Sierra Leone is already exploiting the lucrative potentials of fruits. Africa Felix Juice is a Sierra Leone-based company that produces fruit juice concentrates from mangoes and pineapples that are harvested across the country. The company buys mangoes from more than 4,000 small farmers in Sierra Leone. It collects the fruits and takes them to its processing facility where they are processed (sorted, washed and crushed) into juice concentrates, the main ingredient for making fruit juices.

By buying fruits from small farmers, the company is creating value from millions of mangoes that otherwise rot away and go to waste every year. The company’s mango and pineapple juice concentrates are mainly exported to Europe where they are used to make fruit juices and flavorings for the food industry. These concentrates were the first major export from Sierra Leone since it came out from a devastating civil war nearly ten years ago.

If you'd like to learn more about the amazing potentials of the fruits business, check out the following article:

Tropical fruits – Africa’s real diamonds are not hidden in the ground; they’re hanging in the trees!

How can you key into the multi-million dollar raw fruits and fruit juice concentrates market? That's a million dollar question for Nigerian entrepreneurs!

Thanks OP for this topic. its great.

What does one need to start an orange juice extraction and small scale business?

Hmmm

When I become rich I'll consider these