Investing in Africa (Best 4 Countries for Small Investors)

Investing in Africa is best for small investors who suffer from high costs or fierce competition with major companies or changing market conditions. In Africa, there are many investment opportunities that can be caught up with little costs. In contrast to the abundance of opportunities and low costs of establishing business, There are many advantages, such as soft investment laws, abundant natural resources, availability of cheap labor, free capital control and other benefits. Here we will highlight some important points such as the problems faced by African countries and ways to enter African markets and the most important markets, and we will talk about investment opportunities and the costs of establishing companies in four of the best investment countries in Africa. Follow us.

Investing in Africa: 

Many people think that Africa is the land of poverty, epidemics, civil wars, theft, ignorance and lack of services. Some people imagine that he went to Africa and will not be alive again. Most of these problems have become the past for the majority of African countries. If we talk about poverty, we will find that it is widespread in most countries, including African countries, but the situation of people has become better in recent years, and if we talk about epidemics, they are not spread as horrifying as some imagine , Your presence in capitals or cities away from the countryside and forests means you are in full safety, and if we talk about civil wars, it has ended in most African countries and it is the governments are in control of the situation, and certainly do not advise you to go to countries that are still suffering from that crisis , If they spoke It is enough to say that Africa has many schools. In fact, there are many schools in South Africa and Nigeria, but they are less prevalent in other countries. And American and British universities that provide quality education services at prices far below the prices of our Arab countries, and talk about the lack of services, this is not true. In recent years, most African countries, including the four countries that we will review during this post, Z infrastructure and services. You can confirm the validity of the offer of advantages or negation of problems by searching online or talking directly with people who have visited or investing in Africa recently.

Ways to enter African markets:

1. By establishing a company in an African country, it requires you to study the different African countries in terms of investment systems, opportunities, capital and other aspects, to choose the most appropriate country.
2. It is necessary to study the African markets in terms of the needs of these markets and the export opportunities available, To choose the countries that need the goods or goods you can provide to export them.

Major economic blocs in Africa: 

In Africa there are many economic blocs between countries that allow the facilitation of trade and movement and the movement of goods and others, but among these large blocs, there are four blocs are the months and the largest and most important, namely, 

COMESA (Common Market for Eastern and Southern Africa): A trade zone with 19 countries (Egypt, Libya, Sudan, Kenya, Rwanda). 

SADC (Southern African Development Community): The most powerful economic bloc in southern Africa, comprising 15 countries including South Africa, Tanzania and the Congo. 

ECOWAS (Economic Community of West African States): An international economic organization concerned with the development of the economy in the West African region. It consists of 15 countries, including Nigeria, Senegal, Ghana, Mali and Morocco. 

ECAS (Economic Community of Central African States): An international organization established for economic, social and cultural development in Central Africa to establish regional structures that could gradually lead to a common market, including 10 countries (Gabon, Cameroon, Congo). 

We chose Kenya, Ethiopia, Senegal and Nigeria to talk about investment opportunities, how to establish companies and costs in these countries, and of course they are all pivotal countries in the major economic blocs mentioned above. 

INVESTMENT COUNTRIES IN AFRICA: 

Below we will highlight each of the four countries selected to talk about investment opportunities and the costs of establishing companies and other details. 

A - Kenya: 

1. One of the countries of the East African member of the COMESA. 
2. The national product is 65 billion dollars and the population is about 49 million. 
3. Attention to the logistics and transport of the occupied countries through the port of Mombasa is one of the main reasons for economic growth. 
4. The cost of establishing a company in Kenya costs about $ 500, and the capital needed to establish a "zero". 
5. Steps to establish a company Vekinia consists of 11 steps and within 26 working days you can get licenses. 
6. In Kenya, the tax rate is 37%, which is considered a high percentage. 
7. If a warehouse is set up in Kenya and exported to your country, the container release takes 22 working days, and $ 900 is paid as non-tariff, ground-based and container insurance for 22 days. 
8. The cost of living in high-end neighborhoods costs from $ 750 to $ 1,800 a month. Renting an office in a high-tech neighborhood could cost $ 30,000 a year. 
9. Areas (manufacturing in general, real estate development, medicine, education, household appliances, communications, furniture) are the best investment in Kenya. 

B - Ethiopia: 

1. A South African country and a prominent member of the SADC bloc. 
2. The Ethiopian national product is about 70 billion, an annual increase of 8%. 
3. The population is 102 million. 
4. The cost of setting up a company in Ethiopia costs about $ 250, and the capital needed to set up $ 900. 
5. Steps to establish a company in Ethiopia consists of 11 steps and within 19 working days you can get licenses. 
6. Ethiopia's tax rate is 32%. 
7. If a warehouse is set up in Ethiopia and exported to you from your country, the container release takes 25 working days, and $ 668 is paid as non-tariff, ground-based and container insurance for 25 days. 
8. The cost of living costs from $ 250 to $ 600 per month, and the rent of an office and storehouse cost about $ 12,000 a year. 
9. Areas (manufacturing in general, real estate development, medicine, construction, building materials, energy and technology, plastic, furniture) are the best investment in Ethiopia. 

C - Nigeria: 

1. From the West African countries and a member of the ECOWAS and the Nigerian economy is the strongest African. 
2. The Nigerian national product is about 600 billion. 
3. Population of 180 million. 
4. Expenses to establish a company in Nigeria cost about 500 dollars, and the capital needed to establish a "zero". 
5. Steps to establish a company in Nigeria consists of 8 steps and within 28 working days you can get licenses. 
6. Nigeria's tax rate is 33%. 
7. If a warehouse is set up in Nigeria and exported to your country, the container release takes 37 working days, and $ 1100 is paid as a non-tariff, ground-based and container insurance. 
8. The cost of living in a furnished apartment in a sophisticated neighborhood costs about 1200 to 1500 dollars per month, and rent an office and store cost about 12 thousand dollars annually. 
9. The fields of (manufacturing in general, real estate development, medicine, contracting, energy and technology, services of oil companies, food industries) are the best investment in Nigeria. 

Note: - The robberies are more prevalent in Nigeria than the other countries mentioned above, so they must invest and live in the capital Lagos where they are safer and more opportunities. 

D - Senegal: 

1. from the West African States and a member of the ECOWAS. 
2. Senegal's national output is about 17 billion. 
3. The population is 15 million. 
4. The expenses of establishing a company in Senegal cost about 600 dollars, and the capital needed to establish a $ 100. 
5. Steps to establish a company in Senegal consists of 4 steps and within 6 working days you can get licenses. 
6. Senegal's tax rate is 47%, which is certainly high. 
7. If a warehouse is set up in Senegal and exported to you from your country, the container release will take 7 business days, and $ 885 will be paid as non-tariff, ground-based and container insurance. 
8. The cost of living in a furnished apartment ranging from 250 to 800 dollars per month, and the rent of an office and warehouse cost about $ 10,000 per year. 
9. Areas (manufacturing in general, real estate development, medicine, contracting, energy and technology, grain and grain, spare parts, household appliances, plastics) are the best investment in Senegal. 

Conclusion: 

From the above, we conclude that investment costs in Africa in general and in countries that have been highlighted are particularly close, as are taxes, cost of living, growth rates and even investment opportunities, so make your choice or preference for a particular country based on careful examination of your market and your personal satisfaction.