Author name: wealthideas

Feeding animals is big business. Produce, formulate or sell animal feed. So we‘ve heard that Africans love their meat and fish, and you need to feed these animals to meet the demand. With the rising growth in the production of animal proteins (meats, chicken and fish) to support Africa‘s increasing appetite and fast-growing population, animal […]

Agricultural inputs – You can make money by meeting the needs of farmers. So we have heard that the agricultural sector will be among the two fastest growing sectors on the continent. But that outlook needs to be maintained! Agricultural inputs include everything such as fertilizers and crop chemicals (pesticides, fungicides and herbicides) that are

Coffee – A product with a market too huge to ignore. The coffee production industry in Africa is one of the fastest-growing industries on the continent. Africa is home to some of the world’s most renowned coffee producers, and the region has become increasingly attractive to international companies looking to expand their operations. With the

Latex and Gum Rubber – The world still needs more of it! Starting a latex and gum rubber production business in Africa can be a great way to make money and make a positive impact in the world. Africa has an abundance of natural resources, which makes it an ideal place to produce latex and

Cocoa – The backbone of the global multi-billion dollar chocolate market. Cocoa production is a lucrative business in Africa. Cocoa is the major source of income for many African countries, and it is a major contributor to the African economy. Cocoa production is also one of the largest employers in Africa. If you are interested

Leather – The most traded commodity you didn’t know about. Did you know that the total value of the annual trade in leather is estimated at 1.5 times the value of the meat trade; more than five times that of coffee and more than eight times that of rice? Yes, it is amazing, because most

Soaps and detergents are two of the fastest selling products in the Fast Moving Consumer Goods (FMCG) category. Just take a moment to imagine a day in your life without soap. It‘s simply unimaginable. The size, fragrance, color and cost may be different, but everybody (rich and poor) uses some kind of soap every single

Toilet or tissue‘ paper deserves a special mention because it‘s one of fastest growing products in the personal hygiene category. In many rural areas of Africa, water is commonly used to clean up after using the toilet. Other common materials are leaves, waste paper and earth. These materials are preferred because they cost nothing. But

Is there anyone on this globe that spends more money on hair products than African women? It‘s a serious question and the answer looks like: clearly no. According to Euromonitor International, people in South Africa, Nigeria, and Cameroon alone spend about $1.1 billion on hair care products every year! We mean to say: wow! That

Technically speaking, any substance used to beautify and promote the attractiveness of the human body is a cosmetic product. This makes cosmetics a very large product category that includes makeup (also known as color cosmetics), fragrance, facial skin care and hair care. The market for cosmetics and beauty in Africa is huge and still growing.