Our country Ghana is blessed with many things but we are still poor and looking up to the government to perform some magic.
Ghana has got Gold, Diamond, Bauxite, Fertile lands and many others but we fail to take advantage of the good things nature has blessed this country with.
There are many businesses that can bring revenue to you and at the same time change the life of the ordinary Ghanaian.
Ghana is the leading producer of cocoa and also the largest exporter of cocoa to the outside world. Why not invest your money into cocoa farming, contact cocoa extension officers for advice and wait patiently for harvesting time.
The ordinary Ghanaian man will not venture into business opportunities like this, but will rather choose instead to pray to God for money instead of working for it.
The outside countries like China, America, Brazil, and others have seen the opportunities in Ghana and they are using it to their advantage whiles we Ghanaians are sitting watching and complaining about the government.
Below are some businesses that Ghanaians can start to make income and help the Ghanaian economy. Let’s not sit and watch whiles foreigners take over our land. Let’s go !!
Ghana is the largest cocoa exporter in the world. Invest your money into cocoa farming, coffee, shea butter, coconut and you will be become a millionaire after few harvests.
Livestock farming is also 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.. There are always festive occasions where friends and family meet, chill, and make memories over foods and drinks.
- Computer Services
Ghana 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.
- 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.
- Food processing
Another profitable industry to consider is the food processing industry. The concept of this industry is simply to take raw food materials and turn them into finished products. In fact, there are a lot of businesses you can do in this niche and examples of such businesses include Tomato puree production, Gari Processing, oil palm processing, groundnut processing, Fruit juice production, Rice milling, Beverage production. I intend to go into this business myself.
- Real Estate development
I have met a lot of individuals with money piling up in the bank, but they don’t seem to know what to do with that money. Yet I hear stories of people facing accommodation problems; not because they can’t afford it but because there is none within their choice of location. Also, I hear woeful stories from students in various universities and other high institutions who live under harsh conditions; not because they want to or can’t afford a comfortable place to live; but because there is no conducive apartment in close proximity to the institutions.
Real estate is one of the safest investments in the world. It is in constant demand, people are always moving from one location to the other due proximity to work, increase in family size, comfortability, work transfer or hostel accommodation to complete.
You can also venture into small scale manufacturing of products that are in daily need. You don’t need to build a factory or industrial plant; you can start on a small scale from your room or a rented store or apartment. Products you can start manufacturing include Toothpick, Tissue paper, Serviette, chalk production, candle, Match sticks, nylons and polythene bags, cartons, paper bags, etc.
- Importation of wears
Clothing is another basic need of man. Regardless of the economy, people must wear clothes and this includes shoes, bags, underwear, perfumes, etc. Now there is a fast growing trend now and that is “Used clothes” or “Recycled clothes” also known locally as “Fos” Since the economy is getting tougher and there’s need to be clothed, the masses have resolved to buying used clothes rather than new ones. Still yet, there is a market for new clothes; for men, women, and kids. You can source your materials from China, Hong Kong, Italy, France, Dubai, India, etc.If you want to know how to do this, contact me.
- Social media management
Build a reputable brand on social media as an influencer by creating content, scheduling shares, engaging with followers, repurposing content, sharing others’ content, community management… This list could go on forever.
Companies will contact you to market their products on your page for a reasonable amount. You can also manage social media pages for brands by increasing engagements and gaining them followers.
The only way to effectively manage social media at scale is with the use of social media management tools that can improve your efficiency.
A treasury bill is a short-term debt issued and backed by the full faith and credit of the Ghana government. Treasury bills are low risk in nature, as they are a creditworthy institution by the government.
Shares of stocks are investments made in a company in return for dividends. In Ghana, the Ghana Stock Exchange regulates this transaction. Stocks are volatile, as such, they assume the greatest investment risk.
Investing in stocks need the guidance of an expert called a stockbroker, who will guide you into making the right decisions.
- Become a designer (Web, graphics, and Animator)
We’re living in the gig economy. With every day that passes, more and more of us come to the realization that we don’t need the traditional nine-to-five office job to fulfill our needs.
Whether you are a web, graphics or animator, your portfolio will give you a lifetime clientele.
While there is a strong demand for website design, it’s also possible to earn a tidy income by designing eBook covers, t-shirts, business cards, wall art, personalized gifts, and product packaging.