Is it profitable to start a business in Kenya?
What are the best business ideas for Kenyans?
If you are looking for the best small and profitable business ideas in Kenya, then this article will help you.
The Kenyan economy is almost at its knees, especially after covid. As a result, many Kenyans have become more enterprising and have embraced entrepreneurship. This can be attributed to several reasons such as rising unemployment rates, high cost of living, etc.
Kenya is a leading country in terms of mobile money transfer systems and has the largest mobile banking network in Africa, with more than 17 million customers. This has led to an increase in the number of mobile banking users in Kenya. This makes Kenya one of the most technologically advanced countries in Africa and also one of the most lucrative markets for business opportunities.
Starting a business can be both rewarding and challenging at the same time, as there are many things to consider before starting a new venture. You need to find out what products or services people want or need and then you need to figure out how you will provide those products or services to them at an affordable price.
Here are Three examples of business ideas that will give you passive income as you look for your ideal job.
- In my case, what has worked for me is blogging about dynapharm supplements.
- Create websites about a niche you are well versed in: for example, you can create a website for a company and list the products that you sell at a profit. if you have traffic on your site, trust me it pays.
- Social media marketing: approach companies on Facebook that have inactive social media accounts and create content for them.
Kindly let us know what has worked for you in your business Idea that you stumbled upon.