Small business can of course, but the big business certainly can not do, after all, Africa is not as poor as we think, at least at present the whole of Africa there are ten or so countries per capita GDP than our per capita GDP is still high, and the world's highest cost of living in the city of Luanda, Angola in Africa. As to Africa to do business with considerable profits? This kind of completely depends on the individual operation. For starting a business in Africa, I think you can refer to the following points of opinion.
Choose a country
Africa is not a country but consists of dozens of countries, each country's level of economic development, business environment, security environment, etc. are not the same, and even there are countries that have not established diplomatic relations with our country, so to think of doing business in Africa, first of all, you have to go to the country you want to go to understand the country, familiarize yourself with the country's human environment, so you can be able to choose the right medicine to the appropriate The first thing you need to do is to understand the country you want to go to and familiarize yourself with the human environment of the country.
As for how to understand a country, the most official and comprehensive is of course the Ministry of Commerce website, in the Ministry of Commerce's official website you can see the African region of the various countries, want to understand which country can click on the name of the country, connected to the Chinese Economic and Commercial Office in the country website. Now the website of each country's Economic and Commercial Office is perfect, updated in real time, comprehensive, and can help you quickly understand the economic situation of the country. In addition, you can also log on to the Ministry of Foreign Affairs to learn some other information and search the Internet for information on the experiences of some folk who have gone to Africa to start their own business, and so on.
Understanding the country you want to go to is the first step in doing business. Then in the industry you want to choose, do a good market research in advance, understand the industry you want to do in the local development situation, the risks and challenges, otherwise more money is a waste of money.
Security
The opportunity to make money must also have the life to spend, so I think to start a business in Africa security must not be ignored, not only is the country's security (many countries in Africa, the situation is volatile, all kinds of chaos), there is physical security, Africa is in the tropics, all kinds of mosquitoes, parasites are numerous, so you must ensure your own personal safety, check the body before you go abroad! If you find yourself in a physical problem, treat it before you go abroad, and at the same time take all kinds of vaccines before you go abroad.
What kind of business is common in other countries?
Currently, there are many Chinese people in Africa, and their businesses are diverse, ranging from building bridges and paving roads, to building houses, to barber stores and restaurants. The specific main: life (farms, barber stores, clothing stores, supermarkets, restaurants, hotels, health care); equipment (automobiles, motorcycles, lighting, hardware, building materials, electromechanical equipment); the rest of the bridge repair, network power and so on basically in the name of the country or large enterprises engaged in, individuals can not participate in the. 10 tens of thousands of the capital, you can consider is generally the above small class.
Summary
Entrepreneurship is not to say play, especially this transnational entrepreneurship is the existence of a multitude of unknowns, so if you intend to go to Africa to find gold, be sure to do your homework in the departure, after all, a trip to Africa round-trip air tickets and visas, etc., at least tens of thousands of dollars, do not prepare ahead of time, a trip, a waste of money can only be their own money.