We wish you every success in your endeavours and we look forward to supporting, and working with you in kenya. Kenya isopening up for belgian investors and business community to venture into its market and enjoy excellent investment facilities that the country has to offer. Start a grocery store grocery stores are the most profitable small businesses in kenya. Profitable businesses to start in kenya to make kes. Here are some of the untapped business ideas in kenya youth can venture into. Some require trade school training, a university degree, or an apprenticeship, while others need only. As of 20, the sector contributes 25% to gdp directly, forms 65% of kenyas. By 2050, seniors will make up a quarter of the entire u. Africa is becoming an increasingly attractive hub for investors in light of various economic, political and social reforms that are sweeping through the continent, resulting in a muchimproved business environment conducive to foreign direct investment. Manufacturing is key sector in kenyas economic development, in both its contribution to national output and exports, and for job creation. The rate of unemployment is very high as more and more graduates enter the job market with little opportunities available. The stereotypical image of african hopelessness is now changing among. Outcome 0 as piecemeal sale and 1 as going concern.
The government frequently conducts regular policy dialogue with private sector players through various forums. Though the boda boda motorcycle business is still a good moneymaking opportunity in kenya, the car rental business is growing fast. Business opportunity, work from home, online opportunities. The waste water recycling technology makes it possible for used or impure water to be filtered and made clean. Emma odaba challenges of doing business in kenya from a.
The countrys position in the 2010 doing business report remains its best performance in the last fifteen years. How to start a profitable local bar business in kenya. Bonus list profitable business ideas in kenya 2019. The best business to start in mombasa definitely is hotel or restaurant. Jan 08, 2020 here are some of the untapped business ideas in kenya youth can venture into. Agriculture the agriculture sector is the mainstay of the economy. Search for a supplier who supplies hybrids of red worms. This is simply because this article presents you with the best business ideas for a successful entrepreneur.
Become an academic writer no capital needed to start. There are a number of opportunities available for investment in the different sectors of the. Subtract cost of water, sugar and coffee and you realize you can make a cool ksh1,500 per day. This is simply because this article presents you with the best business ideas for a successful entrepreneur there are very many business opportunities in kenya which one can put into action and begin benefiting from depending on the startup capital available these are what you will learn in this article. Introduction smallscale water treatment and vending businesses serve customers safe, treated drinking water that meets internationally accepted drinking water quality standards. The kenyas private sector is categorized into two parts. Ksh20,000 the number of working mothers has grown exponentially over the last few years creating an evergrowing need for quality childcare services. Kenya business opportunities and tenders by categoriessectors economy of kenya kenyas economy is marketbased with a few stateowned infrastructure enterprises and maintains a. Thus could be students, business people or employees. These businesses operate proitably and sustainably in many parts of the world, and.
As kenyas prime minister, with responsibility of coordinating policy implementation across government ministries, i wish to assure investors that kenya is now. In fact, kenya has gained 53 positions over the last three years. Opportunity to access multiple home care revenue streams. Being the capital city of kenya, nairobi is the commercial nerve center of the country that offers citizens with variety of business opportunities. A business is always the best alternative to the ever elusive jobs. Now, it is the right time for you to seize immense business opportunities your country, kenya, is offering to you. List of best business investment opportunities in kenya. The following is a list of business opportunities in kenya for youth in kenya. This is because of the vast human, natural and material resources that the country possesses. Promote your companys distribution, franchise and general business opportunities to how we made it in africas 100,000 monthly visitors. The first baby boomers hit age 65 in 2011, and the entire baby boomer generation will have reached age 65 by 2030. If you can make three trips per day once in the morning and twice in the evening then we can talk about ksh650x3 ksh1,950. Opportunities in agriculture and horticulture, tourism, mining, power. The youth have been advised not to seek jobs but to create jobs for others.
Jan 31, 2020 industry experts are beginning to view africa as the new asia in terms of economic growth and business opportunities. Making jewellery from bones ksh1,010 carving jewellery out of beef and camel bones. In large urban centers, towns and rural communities, there is an overwhelming interest in land and small plots. Business opportunities and ideas for kenyan youth home. Anyone looking to venture into business wants to make profit. Kenya has a substantial private sector, including a significant number of foreign investors. Partnering with local players appears to be a good strategy for multinationals to reinforce their global footprint in africa and maximise opportunities in the 54 countries of the continent. You stand a good chance of making money with this business idea in kenya. It started out as a port in 1901 when it became the main inland terminal for the kenyauganda. Most small and upcoming towns in kenya do not have decent and affordable entertainment places. More business ideas how to start a bottled water business in kenya.
If youre looking for proven business ideas and interesting investment opportunities you can exploit anywhere in africa in 2016, then you should read this book. Original home care franchise, offering medical, nonmedical and staffing franchises. However, the success of the business depends on very many factors and most businesses have already failed even before day one. Africa is becoming an increasingly attractive hub for investors in light of various economic, political and social reforms that are sweeping through the continent, resulting in a muchimproved business environment conducive. You will need right breed of rabbits, pellets, wellconstructed rabbit hutches and labor to start this business. Rabbit farming is a good small business idea which you can start in kenya with small money.
Best business in kenya, invest in kenya, start a business. Overview of best prospect sectors, major infrastructure projects, significant government procurement and business opportunities. Browse our business opportunities listings to find exciting business and investment opportunities in africa. Kenya has been experiencing steady growth for quite some time now. In almost every community in kenya, owning a piece of land has been a coveted investment and with increasing population, this has become even more urgent. The ultimate guide to starting a successful agrovet business in kenya. List of business opportunities in african countries. To make it as an entrepreneur, you should have extensive knowledge of new untapped business id eas in kenya 2020. Diversified and established economy with strong business sector.
Waste water recycling is a growing technology in the world and it is especially beneficial for african countries with water scarcity problems. Last year kenya delivered the highest number of businessrelated reforms on the african continent, said adnan mohammed, secretary of the industrialization cabinet. Kenya business opportunities and tenders by categoriessectors economy of kenya kenya s economy is marketbased with a few stateowned infrastructure enterprises and maintains a liberalised external trade system. Kenya economy kenyan economy, business opportunities in kenya. Figure starting a business in kenya and comparator economies ranking and score. Business in nairobi comprises trade in agricultural products, real estate industries, tourism sector and export and import of economic goods.
We promote and facilitate investors by advocating for a conducive investment climate, providing. List of best business investment opportunities in kenya, 2020. If you have money to invest in buying or leasing a car, this business is going to be profitable here in kenya. From this unlimited space, the kenyan youth are raking in millions every month, yet it still is one of the hottest businesses in kenya. Kenya economy kenyan economy, business opportunities in. Kenyas economy is strong and gets stronger and is expending.
If you are good at a particular subject or area, you can also teach others at a fee. You can create a job for yourself out of this small business idea with potentially huge returns in revenue. Fish processing opportunities include marine and fresh water fish processing. Mar 20, 2016 how to start a business in kenya with only kes 200,000 usd 2000 published on march 20, 2016 march 20, 2016 349 likes 172 comments.
When it comes to investing, we all look for business opportunities with the most profitable returns or at best with high demand. Jun 12, 2017 if you can make three trips per day once in the morning and twice in the evening then we can talk about ksh650x3 ksh1,950. Investment opportunities available in kenya kenya high. Business opportunities in kenya for youth 2020 urban kenyans. With a starting capital of as low as kshs 20,000 or even lower, the following business ideas are profitable and worth considering. How to start a business in kenya with only kes 200,000 usd 2000 published on march 20, 2016 march 20, 2016 349 likes 172 comments. Doing business in kenya a handbook for local investors ministry. Best business to start in mombasa breaking news kenya. Kisumu derives its name from the term sumo which means a place of barter trade. Jan 02, 2020 among the most popular of the internet, opportunities are freelancing in such work as transcribing, blogging, content writing, and data entry. This is also another one of the most untapped business ideas in kenya. This is the perfect homebased, business opportunity for women, men, families, parttimers, retirees or current route server operators from any country. Comment with a profitable business which you feel i should include in the list and i will update it asap.
Doing business in kenya procedures and regulations, opportunities, sources of finance and incentives a handbook for local investors booklet prepared by mary mbithi and jamuhuri mainga for united nations development programme undp january 2006. It is a port town situated along the shores of lake victoria in the western region of kenya. Click here for more information about listing an opportunity. You will have to choose which is the business that suits you, small, medium or big capital business idea. There are very many business opportunities in kenya which one can put into action and begin benefiting from depending on the startup capital available.
Identifying a lucrative business opportunity is a sensitive process that leaves most kenyan youth locked out of entrepreneurship. Best businesses in nairobi, start a business and make. Market for worms is yet to peak, especially in kenya, you might need to do a bit of marketing and research before investing in this business. If you are looking for the best business ideas in kenya, then look no further. Kenya is open for business to wellpositioned companies with strategic objectives of tapping into the growing potential of emerging markets in east and central africa.
Kenya has a wide range of sectors with ready to be accessed investment opportunities. News analysis and comment from the business daily, africas leading business publication. Top 20 business ideas in kenya for a successful entrepreneur. Kenya s economy is strong and gets stronger and is expending. There are loads of facts and figures that make the kenya attractive as a business destination. Sep 09, 2015 the best business to start in mombasa definitely is hotel or restaurant. There are a wide range of direct and jointinvestment opportunities in this sector, including agroprocessing, garments, the assembly of automotive components and electronics, plastics, paper. Bankable investment opportunities under kenya vision 2030.
Welcome to our list of the best small business opportunities for 2020, chosen from across a variety of industries. Furthermore, the study sheds more light on prospective and potential successful business alliances and partnerships in the agricultural input sector in order to tap the underexploited market opportunities in africa. Both big and small business ideas in kenya tend to fail, if poorly implemented. Franchises and business opportunities entrepreneur. Among the most popular of the internet, opportunities are freelancing in such work as transcribing, blogging, content writing, and data entry. Senior care services continue to rank as one of the best business opportunities.
If the kenyan economic forecast for the year 2020 is anything to go by, 2020 will be a year of prosperity in terms of investment. Mombasa is one of the few towns in kenya where starting any kind of business is not hard, the county government has made it easier for anyone to start and operate a business in the town. To make it as an entrepreneur, you should have extensive knowledge of new untapped business ideas in kenya 2020. I present to you my small compilation of small business ideas which are partly home business opportunities one can start with little money or no money here in kenya.