Our country Ghana, is blessed with many things but we are still poor. This is because, we have failed to take advantage of the good things nature has blessed this country with. We choose instead to pray to God for money instead of working for it. There are many businesses that can bring revenue to you and at the same time change the life of the ordinary Ghanaian. Nigerians, Lebanese, Chinese and Indians have seen the opportunities in this country and they are using it to their advantage whiles we Ghanaians are sitting watching and complaining about the government. Below are some businesses that well-to-do Ghanaians can start to make income and help the Ghanaian economy. Lets not sit and watch whiles foreigners take over our land. Lets go !!
1. Computer Services
Africa is catching on with the rest of the world with respect to internet technology. If you are technologically inclined, you can setup shop in Ghana and start offering e-services to clients. Example of such e-services include Web designing and development, App development, Digital marketing services, Bulk SMS services, Online registration of exams such as WAEC, SAT, TOEFL, etc.
2. Livestock Farming
Livestock farming is a booming business in Ghana and the trend is not dying anytime soon. With 25+ million mouths to feed daily, there will always be demand for livestock products. However, lack of technical know-how and the use of old fashioned equipment are the major factors hampering the growth of this industry. If you can come in with adequate knowledge and the patience to nurture this business, you will reap immensely. Now you can choose to either venture into livestock breeding of animals or better still, you can stick to livestock feed production or equipment retailing.
◦Poultry farming – Egg production, meat production, hatchery or day-old-chicks production, etc.
◦Cattle Farming – Diary (milk) production, beef, etc.
◦Piggery (note, I don’t take pork though, haha)
3. Agro-products exportation
Ghana is blessed with a lot of food and natural resources; and most of these natural resources are raw materials needed for the production of some finished products. Every day, tons of raw materials and food products leave the shores of Ghana to countries such as India, Vietnam, China, USA, UK, Brazil, etc; yet, the demand is never met. You can become an exporter by simply registering with the Ghana Import and Export Promotion Council and decide on the specific product you wish to export. Examples of products highly in demand are Chili pepper, Kola nuts, Bitter Kola, Gari(we not the only ones eating Gob3, haha), Cocoa, Groundnut, Yam, Cashew nuts, Tomatoes etc.
Ghana is blessed with a lot of mineral resources like Gold, Diamond, Iron ore, Bauxite, etc. Aside this, the mining industry in Ghana is set to take off because the government in 2013 implemented the Local Content Policy to favor Ghanaians in the mining and oil sector. This act I believe, will spur the growth in the mining sector. If you have the financial capacity and a team, you can position yourself in this sector. Don’t let foreigners take us over.
5. Setting up Small Private refinery
There are lots of business opportunities in the oil and gas sector. Building a private refinery and refining crude oil is another business you should look into because there is a lot of potential in it. It is a known fact that most of petroleum products consumed in Ghana are imported. Since there is no more petrol subsidy in Ghana, this business will be a very profitable one.Just make little research about it if you have ample capital.
6. Establish a Television and Radio Broadcast Station
I see an opportunity for entrepreneurs and investors with interest and competence in broadcasting or mass media. You can either choose to setup a radio station or TV Station. But not in the main cities such as Accra, Kumasi and Takoradi. Those cities are already saturated (not the chemical saturation) with TV and Radio stations.Instead, you can establish some at the Eastern, Northern and Volta parts of the country since they don’t have may private TV stations of their own. You can become rich with this.
To read more about the 18 Business to Make Money in Ghana, click here 18 Excellent Businesses to Make Money in Ghana