One of the most common questions I’m asked as a business consultant is, ‘what low capital business can I start in Africa?’ There are lots of them and for the sake of this article; I’m going to disclose at least the top 15 Businesses you can start with Low Capital Kenya, Egypt, Morocco, Nigeria and any other African Countries and still make a huge chunk of money doing it.
This day, everyone is singing the song of survival and the only way to that end seems to be entrepreneurship.
Kenya is a land filled with numerous business opportunities. But like Jack Ma said, people will always go for a job when presented with a job and a business. It’s saddening. And our dear precious education system isn’t helping.
Before writing this article, I snooped around the web and I found a lot of pages, claiming to have a list of low capital businesses. In the end, these are businesses that are not low capital after all. So, I Have decided to fill the gap and please, your only limitation will be your inaction. This article is born out of research and personal experience in the world of business.
10 LOW CAPITAL BUSINESSES YOU CAN DO IN KENYA
- NOODLES STAND FOR BUSINESS
- SHAWARMA BUSINESS
- PALM OIL BUSINESS
- RECHARGE CARD PRINTING BUSINESS
- BEAD MAKING BUSINESS
- EVENT PLANNING BUSINESS
- T-SHIRT CUSTOMIZATION
- WATERMELON FARMING
- CUCUMBER BUSINESS
- AMAZON Kindle Publishing
- Affiliate Marketing
- Selling Digital Info-Products
- Drop-servicing (Middle-man’s business)
- Tech sales
- NOODLES STAND FOR BUSINESS
A lot of people will overlook this business because it looks demeaning. But it’s not, especially to the ladies who have no business at the moment. This business entails having a shop at the toad side and selling cooked noodles to customers. It’s one of these low capital businesses you can do.
2. SHAWARMA BUSINESS
This is a Levantine meat preparation, where lamb, chicken, turkey, beef, veal or mixed meats are placed on a spit and may be grilled for as long as a day. It’s one of the lowest capital businesses you can start and make money for yourself. Not only it is a low capital business, but it’s also one of the most lucrative businesses anyone can do in Kenya.
3. PALM OIL BUSINESS
This business is very lucrative and at the same time, not capital intensive. You heard me. It’s a low capital business. You can start this business with as low capital and still make tons of profit. The only downside is that it’s a seasonal business.
4. RECHARGE CARD PRINTING BUSINESS
Just recently, I got a call and the voice from the other end asked, ‘sir, is recharge card business one of these low capital businesses that anyone can start?’ my response was affirmative. Not only is it a low intensive capital business, but it’s also a profitable venture that anyone can start.
5. BEAD MAKING BUSINESS
Here’s another business you should consider delving into. It’s a skilled business that requires creativity and a good location to be profitable. In this business, you also have to be fast when creating your products. The faster you are, the more you sell and make money in return.
6. EVENT PLANNING BUSINESS
All you need to start this business is just an attractive portfolio and an amazing team. You don’t need an office until you have enough finance. It’s as simple as meeting with people about to host an event like a birthday party, wedding, anniversary etc. and helping them make a proposal with an attractive portfolio to help them trust you.
7. T-SHIRT CUSTOMIZATION
This business is also among the low capital business you can start in Kenya. It entails acting as a middle man between a T-shirt printing company and the customer. For example, you advertise yourself as a printing company, capable of customizing to any design or pattern. When you get the job, you visit a printing company to help make the product a reality. At the end of the day, the customer pays you, you pay the company and pocket your gain.
8. WATERMELON FARMING
This is also one of the low capital businesses to start, especially if you have land already. Agriculture is a goldmine when done well. In fact, it’s among the untapped business opportunities anyone can do in Kenya and make money.
You might be surprised to see this here. Well, it’s an online business that can make you a fortune if the ball is well played. It requires low capital, but a return depends largely on so many factors. This business requires knowing a lot before success can be assured. Blogging is among the low capital businesses, but you need knowledge, experience, patience and consistency to make it to the end.
10. CUCUMBER BUSINESS
Last but not the least is cucumber business. I know of a young boy, an orphan in the university here in Kenya who feeds himself, pays his school fees and lives comfortably just by being into cucumber farming. What he does is buy the cucumber seed and plant it. He harvests in bags and sell-off. Imagine what a bag full of cucumber goes for. The business requires low capital. Just make sure you have land and you’ll be just fine.
11. AMAZON Kindle Publishing
I don’t know if you’re hearing about this for the first time, but a lot of people have been milking money from this for a long time now.
How does AMAZON KDP Works?
KDP allows you to self-publish eBooks, paperbacks, and hardcover books for free. We give you direct access to your book on Amazon, and allow you to create a product detail page for your book. It also gives you the option to expand your book’s availability on a global scale, making it more accessible for readers around the world. Publishing with KDP gives you full rights to your book, which is not something a traditional publishing house typically allows.
If you’ll like to start your Amazon KDP journey, it’s advisable to learn the basic secrets from professionals. You can contact us for this but it’s not free.
12. Affiliate Marketing
Affiliate marketing is one business model you can start with little or no capital.
How does Affiliate marketing work?
Affiliate marketing is an advertising model in which a company pays others (e.g., bloggers) to advertise their products and services and generate sales. Affiliates place ads or market the products or services on their website, app, or blog. Commissions are paid on leads that convert to sales.
But that doesn’t mean that you can’t start an affiliate marketing business if you don’t have a blog. You only need to register with a reputable affiliate marketing company like Wikeria.org, Expertnaire, JVZOO, WaariorPLus etc. Get your affiliate link, promote it to people and you’ll be paid a commission of up to 50% per verified sales.
13. Selling Digital Info-Products
Do you have a skill, a business secret or expertise you’re good at? you can put it in an ebook and sell it as a digital info product and make residual passive income for yourself. You can sell your ebook on Amazon KDP or Platforms like Selar and Wikeria.org
14. Drop-servicing (Middle-man’s business)
Drop-servicing is a business model that requires no capital at all to start. All you need is to know someone that has a service and learn the basic terms in that field so you can speak professionally with someone that needs the service.
Let’s say, for instance, you’re not a web designer but you know a bad-ass web designer, all you have to do is to learn the basic web design terms, especially how to give a good price.
Know how much the service provider will charge, so you’ll know how to bargain with the customer that needs the service. This way you can make money without breaking a sweat.
15. Tech sales
Tech sales is a generic term. Essentially, it refers to the process of selling technology. This can be Hardware – For example laptops, mobile devices or wearable technology such as Macbooks or iPhones. Software – For example consumer apps like Spotify or Netflix or enterprise software such as Salesforce or Slack.
In a tech sales position, you’ll be responsible for connecting consumers (which could be individuals or other businesses) with technology that can help them solve a specific problem.
You can check out this article to learn more about tech sales and how you can start a career in tech sales.
That is it for the top 15 Businesses you can start with Low Capital Kenya, Egypt, Morocco, Nigeria and any other African Country. All you need to make your dream business happen is to undergo research. Conduct a feasibility study and a market survey. Have as much knowledge as possible because that’s all you need if you must be a successful entrepreneur and in the end, you’ll be glad you walked this path. Let go of fear and make this happen.
And also remain committed and consistent.