Volume 1

Agro Processing

146 business ideas ranging from Activated Charcoal to Yoghurt Powder

Business Ideas

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Preface

The coming decades are key for young Africans to position themselves well to take advantage of the opportunities around us in order to create a livelihood, do business and grow. The alternative is a bleak future.

Grant and support is currently restricted and would probably run out soon. It is already increasingly challenging to get a job, as offers are limited and job seekers are abundant. The way forward is to create jobs for yourselves and for others. It is incredibly rewarding to take the difficult steps now, building an idea from the ground and seeing it flourish.

This book is therefore to inform young entrepreneurs on existing business opportunities in West Africa, provoke imagination, and stimulate even better business ideas. It is intended to encourage you to choose a livelihood. It has a degree of knowhow, a brief description of a project idea, raw material and machinery/equipment/ tool requirements, cost of implementing the project, and a clear indication of the potential returns that could be derived from a project.

It is imperative to point out that the estimated required capital for the projects are computed under given conditions, so the stated initial investment does not necessarily have to be exactly the capital needed to establish the chosen business venture.

Any of the projects can be scaled up to medium, large and strategic levels or down to micro level depending mainly on the dictates of the market and the startup funds available.

To simplify the use of the cost data given in this book, all cost figures are presented in United States of America Dollars, and because exact prices of machinery and equipment can be obtained only by direct quotations from manufacturers or dealers, caution should be exercised in the use of the cost data for other than approximate cost-estimation purposes.

The list of business opportunities has been chosen from a variety of industries. It has been arranged in alphabetical order and divided into volumes depending on the type of industry. The ideas or projects have been star-rated according to their level of innovativeness. The highest level of innovativeness of a project would be 5-star rating and lowest level is a 1-star rating.

There are so many opportunities that a single book cannot encompass them all, thus series of volumes
have been prepared and a website, www.michaelampehboateng.com, has been developed to present other ideas and updates to you. Each reader gets a code, after buying this book, to register at the website to access a larger group of ideas and continuous updates.

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