7 Great Ways To Start A Business In Africa

Posted: September 17, 2015 | Author: | Filed under: Business Education In Nigeria, Business in Africa | Tags: , | Leave a comment
Business In Africa

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Thinking about starting a business in Africa? Then it is undeniably a great idea as Africa provides excellent opportunities in the long run, especially in terms of population. According to UNICEF, it has been estimated that in the coming 35 years, population in the continent will rise by 1.8 billion. The prospects and opportunities for business expansion will keep increasing as several of the fastest growing economies in the world are in the continent.

Here we are listing 7 lucrative business opportunities that you can explore if you are planning to move to Africa and start a business. Take a look…

Trade: Import

Import-export in Africa

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It is a great way to retain business links at your home country while you are managing your new business in Africa. The  key here is to choose the right product that has high demand in your host country, get a worldwide supplier and start your business.

Trade: Export

Exporting goods is another part of the trade if you plan to move to the Africa. It will be ideal for you set the right location in the continent and export locally available resources to your business networks at home. This is a great option as various products like honey, coffee and others cost very cheap in Africa.

Start A School 

Starting A School in Africa

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Today education has become a thriving business across the continent as more than one third of the population is under 18 years of age. As the public education system is highly flawed, many parents prefer private schools for their kids. With the knowledge of your own educational system, you can introduce international standards and practices to a community.

Information Technology

According to the U.S. Department of Commerce, the IT sector in Africa has been identified among the most rapidly growing and potentially most lucrative sectors. The industry offers an excellent opportunity for new businesses at different levels of economy.

Construction Business in Africa

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 Real Estate & Construction

Sub-Sahara Africa is the ideal destination for aspiring entrepreneurs looking for business opportunities in the field of construction. The World Bank estimates that the urbanisation rate in Sub-Sahara Africa is set to rise to 50 per cent from 36 per cent by the year 2030.

International Law Firm

With constantly growing numbers of multinational companies across the continent, especially in East Africa, organisations are bound to face conflicts, disagreements & disputes. Staring a law firm can help you create a strong foothold in the continent.

Financial Services

businessmen in Africa

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Lack of capital is one of the basic reasons why most businesses across Africa fail. Experts claim that even though the economy is growing with billion dollar investments for multinational firms, there is a strong need for micro-investments for small & medium businesses. Hence, this is another area you can consider. It is not necessary for you to provide the funding yourself; instead you can offer legitimate access to genuine investors & capital by setting up a financial services firm.

Do You Have What It Takes?

Apart from the ones mentioned above, there are many other areas where you start your business in Africa and experience growth. However, if you wish to succeed in your endeavour then it is imperative that you possess the right business and management skills. This is especially important if you are an aspiring entrepreneur. One of the most effective ways to gain the necessary skills is to pursue an online business diploma . Why?

Firstly, online business programmes are very flexible and convenient. Thus, you an choose to study at any time you want and focus on your new business at the same time. You can smartly balance your education work and family commitments as there are no fixed classes. Secondly, online business diploma programmes are highly affordable and does not require you to take out a heavy student loan. You can acquire crucial management skills that will empower you to lead your business forward and accomplish your goals successfully.

So if you are thinking about going to Africa and starting a new business, then this is the best time for you to get started, provided you have acquired the require skills, abilities and knowledge.

What do you think? Leave your thoughts and views below in the comments section.

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Online Business Education – The Best Solution For Aspiring Entrepreneurs In Nigeria

Posted: March 9, 2015 | Author: | Filed under: Business Education In Nigeria, Education In Nigeria | Tags: , , , , | Leave a comment

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One of the best ways for Nigerian youths to achieve success and financial independence is to pursue realistic and effective business study. Your business education will enable you to build your career in the global corporate world and earn high salaries for a better life. How? Let’s find out….

Facing A Flawed System

At present the education system in Nigeria is unable to provide world-class education to the students as the system flawed and corrupted. Hence there is no scope for you to acquire the necessary knowledge which will empower you to develop management skills and start your own business. The present education system aims to motivate you to pursue theoretical studies and accomplish excellent grades, boost your employability and secure a high-paying job when you become a graduate.

Although this form of learning might have proved effective earlier, but now it simply does not work as there is a lack of adequate job opportunities globally. In fact many businesses are downsizing as they are still recovering from the last financial crisis. Hence, now there is no point in becoming a college graduate without any business or management knowledge.

So What Is The Solution?

First you need to start by accepting responsibility of the situation and take the right steps to make it better for yourself. If you ask me, the right solution for students like you is to acquire business and management knowledge that enables you to develop entrepreneurial skills and become self employed.

You can find numerous people across Nigeria who have successfully started their own small business and have made it bigger through their business knowledge, skills and determination. In fact now they are hiring fresh graduates and creating new employment opportunities.

As business education is highly inaccessible in Nigeria, most individuals think that a heavy capital investment us necessary to start a business. Hence they have second thoughts about becoming an entrepreneur. But you need to understand the business scenario has changed drastically. Now, having an excellent business idea is more important than having money to establish a small company.

Mrs. Kehinde Kamson started a small confectionary business at the backyard of her home almost 8 years ago. Now she has become the Chief Executive Officer of the well-known Sweet Sensation franchise. Her business has now developed into many outlets across Nigeria. Kamson is a clear example that having business knowledge is more important to become an entrepreneur.

But the question here is: how can you pursue business education without spending excessively, especially when there are limited learning opportunities in Nigeria? Well here is my answer- online business education. Online business diploma programmes are adequately flexible, affordable and effective to empower you to study what you want, how you want and when you want.

Learning The Smart Way 

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You can find several recognised online business diploma courses offered by numerous B-schools and universities worldwide that offer quality business education to aspiring entrepreneurs. The affordability, flexibility, convenience and exceptional job opportunities provided by these programme are unmatched as it allows you to study and work on your business at the same time.

There is no doubt in my mind that online business and management programmes are a more efficient and economic to build your career. Due the several benefits offered by online learning, many students from across the globe, including Nigeria, are opting to earn business degrees online. It time for you to join the group and give your career the boost it deserves so that you can help your community and substantially add to the Nigerian economy.

What do you think about online business education? Let us know by sharing your opinions below.

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