30 Lucrative & Profitable Business Ideas in Ghana (Africa) 2022-2023. In this article, you will be exploring a list of new and old profitable and lucrative both large and small business ideas in Ghana (Africa). For people living in African countries like Ghana, Nigeria, South Africa, Kenya, Tanzania etc.
We found it reasonable to make some research, edify these pieces of information and then bring them all together in one article for our readers and blog visitors.
1. START E-COMMERCE (INTERNET MARKETING):
E-commerce is one of the profitable businesses in the world now. People are changing their life stories through the online opportunities they got. You can try internet marketing too, you need not have your own products to offer clients or customers. You can promote other businesses and individuals products and goods.
2. WEB DEVELOPMENT OR DESIGNING COMPANY:
This is for those who have some ideas or are good at designing and developing websites. There are lots here in Africa that would love to create websites or even design their websites for their personal businesses or even for companies. You can start an agency and start doing these jobs for them and get paid.
3. CREATE ONLINE COURSES :
Here creating courses does not mean writing a whole pamphlet like what we learn in our schools here. But come out with some vital information that people in some areas will need to succeed or understand something.
With this, it can be a recipe to teach foreigners how to cook local food and some foreign foods, Courses for internet marketers or affiliate marketing, courses forex traders etc. You just have to produce it in a digital form so it can be transferred to every part of the world easily.
4. CRYPTOCURRENCIES AND DIGITAL CURRENCIES:
Crypto trading and investment is also one of the profitable businesses in the world now. You see ads from forex traders, cryptocurrency agencies, investors and traders online in almost all the popular social media platforms and other platforms.
An example is YouTube ads and Facebook Ads. You can start investing and trading bitcoin and other digital currencies on Paxful. A safe platform that is used worldwide by traders investors to trade their bitcoins and other digital currencies.
Visit Paxful Official Website: PAXFUL
5. START MEDIA COMPANY :
You can also start a media company. You can start this dream by creating a blog and then grow it as time goes on. This is because to start a media company here in Africa you have to have lots of money.
6. START ONLINE E-COMMERCE PLATFORM (AMAZON, JUMIA JIJI etc):
Just like Jeff Bezos is the richest man in the world now. You can also start an online platform for e-commerce activities here in Africa. But the con about this is, you have to be a pro in coding and other stuff.
Someone like me who studies political science can not let this dream happen unless a computer science student.
You always have to start a business you have passion for or have basic knowledge about. Once you have some basic knowledge of what you are doing, with hard work and consistency you will reach the top as time goes on.
7. START E-LEARNING PLATFORM (EDUREKA, JOHN ACADEMY, FUTURE LEARN):
This is like the previous point. You can start a platform here that people can learn and acquire skills from and certify them easily. There are lots of companies in Europe, Asia and America doing the same. And they are making millions of dollars yearly.
You can start in Africa and then invent payment methods that will favour your fellow African in other to help them access your platform with ease like what the others in other parts of the continent do. But to do this you have to have a computer science or I.T background
These some of the online E-learning platforms;
ii. Future Learn US
iii. John Academy
8. ONLINE PAYMENT PLATFORM (CASH APP, PAYONEER, PAYPAL):
Just like other popular online payment platforms here in Africa Chipper Cash, Wave, Express pay, World remittance you can also come out with an app or software just like this that is going to help make money sending here in Africa simple and easy.
Check Out Payoneer: Payoneer
9. START APP DEVELOPMENT:
You can start an agency with your friends or by yourself online and start creating apps for companies and individuals and get paid. You can also create for yourself and make money from it.
You can check this course if you love to study App development
10. START TUTORING ONLINE:
Once you can skill in some area or field, you can register or sign up to E-learning platforms as a tutor. With this, you will be teaching other people on these platforms and get paid.
You can do this as a freelancer or establish your own agency online. But the best idea is to sign up to already known and popular E-learning platforms and start tutoring there.
Examples of these websites are;
ii. Future Learn US
v. John Academy
11. CAR BUSINESS:
You can start a car dealership if you have a relative or friend outside the country. You can start with second-hand cars and then move to brand new cars.
12. BEAUTICIAN SHOP:
This is one of the profitable businesses in Ghana now. You can hire individuals that are beauticians to work for you in your shop. Either Makeup artiste, Hairdresser etc.
13. SPARE PARTS SHOP:
Just like the car dealership business you can start spare parts business too. Most big men in Accra are into this business. Once you have relatives in countries like Japan, Korea, China and other foreign countries.
You can start this business with them. Either hire a shop and start selling these car spare parts for retailers and even single stuff buyers.
14. CYBER-SECURITY COMPANY:
Cybersecurity is one of the most studied certification courses in the world now. This is because of their salary and job opportunities. You can establish your own cybersecurity company here in Africa or you can decide to work for a reputable business or company.
Visit BronzeIntellectuals to read a read and watch a video about the cybersecurity certification courses
15. START A BOUTIQUE:
Talking about business ideas here in Africa we can not do away with fashion. In countries like Ghana, Nigeria, South Africa, Tanzania etc. starting a fashion shop or boutiques is not a bad idea. You can sell both online and offline. Boutique owners in Africa are making decent profits from their stores.
16. BABYSITTING SERVICES:
One of the great business ideas here in Africa. Babysitting is one of the services that are not all that popular here in Africa. But will be profitable when established properly.
For businesses like this, personal hygiene has to be your first priority. That’s what going to encourage others to bring their babies when they have to go to work or perform their business activities.
17. LIFE COACHING :
You can also start a life coaching job once you have a special skill. In life coaching, you will be teaching, shaping and helping people solve their personal problems both business, emotional and others. Life coaching is also one of the perfect business ideas you can try here in Africa.
18. START TRANSCRIBING:
Start transcribing on freelancing websites for businesses and individuals. With transcribing you will be writing audio files in letters and articles. Transcribing is also one of the profitable businesses in the world now. Freelancers into transcribing are making lots of descent money yearly.
19. START TRANSLATING:
Once you know how to speak and write some official languages like German, English, Italian, French, Spanish etc. You can start working as a freelancer and then do lots of translation for businesses and individuals.
20. START WRITING:
You start writing for blog/website owners. All you need to do is to sign up on freelancing websites create a gig and start rendering your services to individuals and companies interested.
You can also establish your own writing agency online and help write content for individuals and businesses. You will be earning decent money from this.
21. START PHOTOGRAPHY (SELL PHOTOS):
This is photography lovers. You can start taking professional pictures of attractive places here in Africa and then sell them to companies, individuals and magazine designers.
The interesting about this is you can sell the same photo several times. Check Kelly photos if you love to study photography and get certified and then start taking professional photos for businesses and individuals.
22. START A POULTRY FARM BUSINESS:
23. BOTTLED AND SACHET WATER PRODUCTION:
24. AFFILIATE MARKETING:
25. START A BARBERING SHOP:
26. START A WINE OR SOFT DRINKS RETAIL SHOP:
27. WORK AS A FREELANCER:
Once you have any special skills like designing logos, videos, photos and others you can sign up as a freelancer create a gig and start rendering your services to individuals who are in need of people like you to work with.
Examples of websites for freelancers are;
28. START HOME CLEANING BUSINESS:
29. START CATEREY SERVICES
30. BUY AND SELL GIFT CARDS
To conclude, the above are some of the most profitable business ideas here in Africa. For people in countries like Nigeria, Ghana, South Africa, Tanzania, Kenya etc.
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DISCLAIMER: We are not giving 100% assurance that these procedures or ideas are going to work for everybody. We won’t be responsible in case of any financial loss. Also, the above info is not from a certified financial backer