Business Ideas In Ethuopia

50 Best Small Business ideas in
Ethiopia for 2018
1. Agriculture and Food Processing
This is an important industry in
Ethiopia. Accounting for over 85% of
employment for the people of Ethiopia,
agriculture is vital. There are different
types of crops that can be grown in the
country ranging from cereals to fibre
crops and flowers, to teas and coffee
plantations, etc. Forestry is also an
important resource in the country
along with fisheries. Also, commercial
processing of produce and raw
materials gotten from agriculture
provides an opportunity for business in
Ethiopia.
2. Manufacturing Industry
The Ethiopian economy today provides
excellent opportunities in the
manufacturing industry, especially in
the clothing and textile sector. Other
top rising manufacturing sectors to
invest in include food and beverages,
leather, metallurgy, electronics and so
on.
Although, you may require
a considerable amount of capital to
start a manufacturing firm, it is one of
the most lucrative businesses to
venture into. Most of the top
entrepreneurs out there are owners of
successful manufacturing companies
and plants.
3. Real Estate
This industry is growing at an alarming
rate in Ethiopia. The construction and
real estate industry is increasing in
demand in all parts of the country. A
simple drive around the country’s
capital city Addis Ababa will show you
a large number of luxurious apartments
and villas occupying previously empty
landscapes. This industry is growing
every day, providing opportunities for
new business aspirants.
4. Vending machines
Most people in Ethiopia are always on
the move and would not like to waste
precious time in the process of buying
things. This has led to an increase in
the demand for vendors and their
machines. A vending machine for the
sale of small items like drinks, snacks,
water, milk, juice, newspapers,
cigarettes, etc. can be installed in
different strategic places to meet the
immediate needs of people on the go.
This is a splendid business idea for busy
places like a bus terminus, schools or
colleges or even a busy residential area
in Ethiopia.
5. Milling Plants (Wheat and Maize)
There is a rise in the demand for wheat
and maize flour in the country. This is
due to the increase in population in
Ethiopia. This has led to an opening for
local business opportunities for
Ethiopian people. Whether the grains
are brought for milling by the
customer, or the mills produce flour in
large amounts and it is packaged and
sold to wholesalers and retailers, this
business is quite viable.
6. Event management and Party
planning
There is never a dearth of parties in
Ethiopia. Several events ranging from
company events, religious and
entertainment events to weddings,
birthdays, etc. take place all the time
all around the country. But planning
for these events are usually stressful
and time consuming. The organizers of
these events may not have the chance
to do the planning and would need
other people to do it for them. Event
planners are usually well paid
depending on the size of the event or
party. Planning these events can give
you an impressive income yearly.
1.
2.
3.
4.
5.
Most Profitable Small
Businesses
Start Up Business Plans
Best Business to Start
Start a Business from Home
Low Cost Start Up Business
7. Consultancy
If problem solving comes easy to you or
friends and colleagues often come to
you for assistance or help on certain
areas, then you could have a business
opportunity in your hands. You can
offer your services to people at a
stipulated rate. Companies and business
organizations need persons known as
consultants, to help them achieve their
visions and missions. Even average
individuals need help too. All these
people and bodies will be willing to pay
a fee to somebody that can help them
realize their organizational or personal
goals.
8. Schools and Colleges
In Ethiopia, the demand for schools and
colleges outweighs the supply. There
are thousands of school students that
take national exams in the country
yearly but only a small amount of these
students get the admissions they seek.
Establishing a school with quality
equipment, facilities and seasoned and
experienced teachers is sure to meet
the demands of these eager students.
9. Coaching
You can make good money in Ethiopia
by coaching students. If you are
excellent in a certain subject area, then
you can coach students or people
needing help on that subject area for a
fee. You can do this online by creating
an online website for yourself, or face
to face by meeting your students at
their homes or a designated venue.
10. Garbage Collection
Garbage collection services in Ethiopia
are not very efficient. This service can
now be provided by private individuals
and nongovernmental bodies. You can
collect and dispose garbage for
residential homes. This can be done for
them at a particular rate per month.
There are thousands of homes in Addis
Ababa and other cities in Ethiopia
where you can collect refuse from and
help them properly dispose it. The
problem of proper waste disposal is a
serious one in the country; you can
turn that into an income spinner for
you.
11. Janitorial Services
Cleaning is something that should be
done regularly. Commercial buildings
and residential homes should be
regularly maintained. In Ethiopia, a lot
of companies and government bodies
now contract their cleaning needs to
cleaning firms. These buildings can be
cleaned for a monthly fee by you. You
can charge higher fees with bigger
buildings and vice versa!
12. Government Contractors
All you have to do is register a
company and be on the lookout for
tenders in daily newspapers and print
bulletins. A lot of people have won
government contracts worth millions to
supply various government needs and
supplies. This is an excellent business
idea for good income in Ethiopia.
13. Solar panel sales and Repair
Ethiopia gets a high amount of
sunshine. You can explore this to your
benefit by learning how to make, install
and repair solar panels. Although this is
a technical sector that needs a lot of
hardwork, skills and patience, it is also
a viable sector. However, If you have
no interest or love for technology, then
this business idea is not for you. It
requires the investment of
technologically inclined persons and it
is a lucrative business.
14. Repair of Mobile devices -: Another
technical business sector is in mobile
phones. You can also learn and acquire
excellent phone repair skills. These
skills can in turn be used to generate
income for you by providing phone
repair services for your clients.
15. Agric Value Addition
As stated earlier, the Ethiopian
economy is growing very fast and
this fast growth is also in the
agricultural sector. There is always a
demand for food and it has made
the agribusiness an extremely viable
idea. You can make money for yourself
by value addition to agricultural
products for example; you can turn
milk into yoghurt, cheese, etc. and
many other value-added products.
16. Bakery and Fast foods
Everyone loves baked goods. From corn
flour to wheat flour and other forms of
flour, Ethiopians love them all. This
alone is enough to make you consider
dabbling into the baking industry. It is
essential however that you get all the
information needed before going into
the business. This sector is lucrative
and open for all types of people
regardless of gender.
17. Poultry
This might sound easy and simple but it
really isn’t. It involves the full use of
farming and entrepreneurial skills to
make it possible. Before starting, you
have to determine your proposed
market and the type of poultry you
want to go into. Poultry business has
two main parts; firstly, Broilers, where
the chickens are grown mainly for
meat, and secondly, Layers, where the
chickens are grown for egg production.
18. Private lesson teachers
You can teach children after school.
Several parents out there are busy and
cannot afford the fees of home
teachers. You can seize this opportunity
to organize after school lessons and
charge at rates lower than the normal
home teacher rates. This can serve as a
way for you to make cool money. Also,
you can choose any particular expertise
area of yours to teach on.
19. Gardening and Landscaping
You can convert your client’s plain
backyard into a spectacular view.
Though it requires a lot of creativity
and training but it also gives good pay.
To do this business, you will have to
learn a lot and research well to
produce the best results for your clients
every time. It is a very lucrative
business once you have understood
the basics and gained expert knowledge
of it.
20. Advertising campaign developer
Creating and building contents for your
clients is a good way to make money.
You can plan and execute beautiful
media campaigns, create online
content, apps, email distribution,
mobile contests, videos and other
interesting things for your clients and
customers and in turn be paid
generously for these services.
21. Freelance Writing
You can decide to become a full time
freelance writer to earn income or a
part time freelance writer to support a
regular income. Also, you can do it for
fun or to build your portfolio/skill list.
You can get clients to give you jobs and
write properly for them to get money
for your needs. Writing can be a great
business option.
22. Creating Music Videos
Good music sells. This is the reason
why the music industry is always
booming. If you are a creative person,
you can go into music related business
by creating music videos for artiste
promotion or brand building. This is an
industry that is always sure to give high
returns as long as you do good work.
23. Child care centers
Child care centers are a viable business
opportunity in Ethiopia. Due to the
increasing rate of insecurity as a result
of abusive house helps or baby
peddlers, more parents are deciding to
go with taking their children to child
care centers. Also, the busy and hectic
daily schedules of many parents have
made this business even more
profitable.
24. Selling snacks and Drinks
Snacks are convenient in-between
meals. They can be consumed anywhere
whether at the office, in school, at
special events, even during meetings,
seminars, conferences, etc. The demand
for snacks is never low. Also, snacks
are usually served with soft drinks to
accompany them. You can sell these
soft drinks too. You can go into this
business as a source of income
generation for you.
25. Start a driving school
Yearly, there are more and more people
who desire to know how to drive.
Eager teenagers, young adults and even
matured men and women who do not
know how to drive look for ways to
learn. You can establish a place for
people to learn how to drive for a
token or a fee, hereby providing for
yourself a stable source of income. You
have to be registered though to issue
valid certificates.
26. Private security firm
Setup your own security firm. You can
do this by hiring and training able
bodied men and women, then deploying
them to companies that need them for
protection of important infrastructure.
Although this business has to be
licensed by the stipulated authority, it is
a great way to make cool cash.
27. Mobile Store/Office supply
For office workers, it is difficult to go
out and get certain things like shirts,
wristwatches, perfumes, ties, etc. You
can use this as a business opportunity
by helping them do their shopping. You
can also buy goods and take it to these
people in their offices for them to buy
from you at a rate set by you. So you
can decide what your own service
charge will be. This will ensure that
you make good profit.
28. Computer sales and repairs -: Due to
the increase in sales of computers and
laptops, there is also an increase in the
need for computer repair technicians.
This sector is a great business to go into
in Ethiopia. You can also offer
computer cleaning services too.
29. Appliance repairing-: This industry
is also lucrative. You can learn how to
fix electronics and appliances, get
certified and start fixing for people to
get paid. It is a great business idea for
idle youths in the country.
30. Laundry service
We have already established the fact
that a lot of people in Ethiopia are very
busy and do not have the time for some
basic things. This includes time for
laundry too. This business will do well
whether the economy is bad or not. It
is quite easy to start up but yet
extremely profitable. You only need a
washing machine, dryer, pressing irons
and some other little items.
31. Brick Moulding business
As stated earlier, the real estate
industry is growing very fast. The
demand for homes is on the increase in
Ethiopia and homes are made with
brick. This therefore leads to an
increase in demand for bricks. One can
go into this to generate steady and good
income regularly. Getting trained in
brick making will however make things
easier for you if you are considering
this option.
32. E-Book writing
For people that enjoy writing and know
the process of making e-books, then E-
book writing is an excellent business
idea for you. You can write different e-
books and then sell them online from
your website or on sites like Amazon,
Blogger, etc.
33. Employee training and Professional
Certification
There is high demand for specialized
employee training in the country. A lot
of employees require training on
various aspects like money handling,
customer service, stress management,
etc. You can get trained in these
aspects and in turn train employees for
a fee set by you. This is a great way to
make money.
34. Internet Cafe Business
In Ethiopia, people always want to
browse the net. You can start an
internet cafe business with other added
services like online research, printing,
photocopy and another computer
services. You can even do better by
positioning your cafe in a busy area to
get more customers.
35. Disc Jockey
Popularly called DJ, this is one
profitable business opportunity. Your
diverse music compilation can serve as
a source of income for you. This job is
especially for music lovers and
energetic personalities. You can make
yourself more valuable by being a DJ
and also a wedding planner.
36. Pest Control Business
If you need a steady flow of income,
then you should think of starting a pest
control business. This business involves
the removal or eradication of
potentially harmful insects, reptile and
rodents from farms, residential and
commercial properties. All over the
world, and especially in this part of the
world, people are becoming more and
more aware of removing things that
may be injurious to the health. This
makes the pest control business very
viable.
37. Vehicle Towing
Before going into this business, you
have to first of all get a license to
operate a mobile towing business. From
then on it is game on for you. Although
this license is not easy to get, it can
help you get the chance to work well
with car dealers and property managers
to move their business cars, buses or
trucks.
38. Cooling Van Business
Ethiopia is a hot country. This makes
warm or hot drinks not really in
demand, but there is a high want for
cold drinks all around the country. You
can tap into this to create a business
opportunity for yourself. Start a cooling
van business. With a cooling van, you
can supply cold or even ice drinks to
events and parties. This can fetch you
good money every week and even every
day.
39. Tricycle Transportation
There is a great opportunity for tricycle
operators in the country. This is as a
result of the special features of
tricycles; features like its portability,
convenience for hire service, flexibility,
efficiency of maintenance, life span and
durability, etc. This business
opportunity has been widely accepted
in the country and it is actually quite
viable.
40. Car Hiring
This sector is a very lucrative business
opportunity. It is even more profitable
when it is situated in a strategic
location where there is high population
of people with numerous commercial
and entertainment centers. This
business however is quite capital
intensive and requires close
management. Your vehicles must be up
to the required safety standards for you
to get good customers and clients.
41. Car washing
It is a normal thing for cars to get dirty
but most people do not have the spare
time to wash their cars. Providing a
professional car cleaning and washing
service is a sure way to get steady and
regular income in the country. This
business requires an open space and
the right equipment for a successful
startup. You can also hire boys to help
you with the washing if you want to
start on a large scale. It is not very
expensive to set up.
42. Auto Mechanic
This is an important business all over
the world. This is due to the fact that
cars that break down must get fixed or
repaired. But before you can go into
this business, you should know all that
pertains to auto repair and its
applications. You can do this by getting
trained in auto repair or hiring trained
hands to work in your auto repair shop
or garage. This business is even more
lucrative in Ethiopia due to the state of
imported cars in the country.
43. Travel agency
Travelling and tourism is a big deal
for a lot of people. The industry is a
major industry in the country. The
main stakeholders in this industry are
the transport companies including
airline, shipping and cruise companies,
and also a particular group of people
that work in the background to make
sure that the travels are comfortable
and hitch free. With the current
economic boom, it would be a wise
move to start a travel and tourism
agency.
44. New and second hand cloth
business
The clothing business is an industry
that is open for exploration. It is made
up of small retail stores that sell a wide
variety of clothing items. You can go
into this industry to make money for
yourself. By buying new or second
hand clothes from wholesalers and
selling in the retail market, you can
make profit for yourself and by doing
this also give yourself a brand name.
45. Cement Manufacturing
This is another viable business idea that
should be looked into in Ethiopia.
Although it may be quite expensive to
start up, but there is no shortage of
demand for your product as it is needed
everywhere, especially if you put the
price of your product at a reasonable
rate. If you have an abundant source of
capital, then do not hesitate to go into
this business and open your very own
cement manufacturing plant.
46. Soap Making
There is without doubt a very large and
expanding market for soaps. Soaps are
products manufactured from chemicals
and are used for either bathing or
washing of clothes, plates, cars and
even glass windows. This industry is
still expanding and there is more than
enough room for new soap makers to
come in and market their stuff. So if
what you see is a simple business in the
chemical industry that can fetch you
steady income, then you should think
of going into the business of soap
making.
47. Chemical Merchant
The demand for some chemical
products has not been met by the
supply rate in the Ethiopian local
market. This can become a profitable
business for you. All you need to do is
to find out about the product that is
needed, link up with foreign
manufacturers to supply you, seal the
deal and sell locally. You can also
produce and export chemical products
to other countries with great demand
for these products.
48. Selling Insurance policies-: This
isn’t a new idea but it is most certainly
a profitable one. You can get
information from insurance agents and
sell policies to clients thereby attracting
a commission fee for yourself.
49. Sell recharge vouchers
This business idea is almost costless to
start up, yet it is profitable. You can
sell the recharge cards to the public,
friends, family members and even
colleagues. You can get the vouchers at
a cheaper rate from the service
providers and sell them to people at the
standard rate, thereby making profit for
yourself.
50. Start an Entertainment Lounge
There is a high number of foreigners
and foreign workers in Ethiopia,
especially in Addis Ababa. Most of these
people and even locals would need
places to relax and unwind after a hard
day’s work and on weekends. You can
meet the needs of these fun lovers by
starting up an entertainment lounge
such as a bar, hotel, casino, restaurant,
cinema, night club and so on. There is
an infinite number of possibilities here
so pick one and set up the business.https://www.profitableventure.com/business-ideas-in-ethiopia/