Business
Top 10 Profitable Businesses to Start in Kenya
Kenya’s supportive environment for entrepreneurs, youthful market, and technology adoption make it ripe for innovative business models in 2023 and beyond.
Here are 10 profitable businesses to consider starting in Kenya:
- Food Processing
Value-added food processing of agricultural produce presents huge opportunities as demand grows locally and abroad.
- Renewable Energy
Green energy solutions like solar, biogas, and wind are hugely relevant for Kenyan homes and businesses looking for affordable power.
- eCommerce
Online retail tapping into Kenya’s expanding consumer market, increased internet access, and mobile money adoption.
- Tech Services
Offering IT consulting, app development, data analytics, and other tech services for Kenya’s digitizing economy.
- Logistics and Delivery
Services like last-mile delivery and supply chain management to facilitate trade as infrastructure improves.
- Healthcare
Innovative startups addressing Kenya’s health needs via telemedicine, medical devices, health tech and clinic services.
- Financial Services
Digital lending, mobile banking, investments, and other fintech solutions for the large unbanked population.
- Education and Training
Skilling, ed-tech, e-learning platforms, and vocational training centers to develop talent.
- Automotive
Vehicle sales, maintenance, customization, and roadside assistance tapping into Kenya’s rapidly motorizing population.
- Hospitality
Budget hotels, restaurants, lounges, and recreation spaces to cater to Kenya’s tourism and travel growth.
Article By: Lesile Selelo