Indeed, there are numerous opportunities for booming businesses in Kenya, driven by economic growth, a burgeoning middle class, technological advancements, and a vibrant entrepreneurial spirit.
Some sectors that have attracted attention and investment include technology and innovation, agriculture and agribusiness, renewable energy, tourism and hospitality, real estate, healthcare, and e-commerce.
Financial advisers, media outlets, and websites often highlight these sectors as promising areas for investment and growth.
However, aspiring entrepreneurs and investors need to conduct thorough research, seek professional advice, and understand each sector’s unique challenges and opportunities before venturing into any business endeavour.
These are the standard business ideas that everyone is talking about. You may have already heard about them and maybe never taken a keen interest in them, but this is the time you should.
List of Booming Businesses In Kenya
- Online Business
- Beauty Workstations in CBD
- Wines and Spirit Business
- Car Wash Business
- Taxi business
- Salon and Kinyozi Business
Let’s get into the details of the booming industries in Kenya.
1. Online Business in Kenya:
Branded as work-at-home jobs, some call them the best jobs for women and so and so. The target phrase here is that it requires very little capital to set up (Only the internet charges). If you want to Start a Serious Online Business, this article on Starting an Online business is a must-read.
- Blogging: This involves setting up a blog. Read Here on How to set up a free blog and place ads on your blog, affiliate marketing; read Here on how to start blogging.
- Online freelance jobs: You can join Freelance.com, one of the best freelance websites, others that Kenyans use and get paid well include ODesk, iWriter, Elance, and Kenya Writing. I want to add to this category such work as Transcription and Academic Research jobs.
2. Movie Shop Business
You only need a computer and buy some latest movies in town and duplicate them; this is the kind of business you have heard of for some time now. The best part is that you do it in your estates and villages; your neighbours and friends are your customers. The truth is you will need around Ksh—50 000 and more for a profitable business of this nature to run smoothly.
3. Salon and Kinyozi Business
I recently talked to my cousin about starting a business. I was surprised when she mentioned starting a salon in her neighbourhood, she works for the government but is seeking to start her own business, and a salon is her choice. This is common to many who want to make that extra coin supplement their salaries.
Salons and Kinyozi businesses do well in the middle-class neighbourhoods of Nairobi, make it look executive, and you are off to go. Some Kinyozis have employed beautiful women who massage the bald heads after the shave, this does the trick, and customers flow in nicely.
4. Wines and Spirits Business
I did not say that Kenya is a drinking nation, don’t tell anyone, but recently there has been an increase in the number of (let me call them Legal Changaa Dens) small pubs with the labels Wines and Spirits. This is one of the lucrative businesses around the estates.
If you have been thinking about starting a pub or bar but hate drunkards’ rowdy and obscene behaviour, this is the kind of business you may think of. No one is allowed to drink at your premises. Just sell, and they leave.
The obstacles in this kind of business are the legal side of it as laws regarding alcohol are becoming stiffer and stiffer, and this has led to some of the ‘change dens’ closing and not profiting the business owner.
5. Taxi Business
Technology has done wonders for Kenyans; now, with the likes of Uber and Little Cab, Taxi is one of the booming businesses in Kenya.
Anyone can do it, and with about 500K, you can get a car and sign up with these companies to start making money in Kenya.
Final Words
The list of Booming Businesses in Kenya is not yet over. I will be compiling more and more business Ideas that everyone is talking about, wants, or is getting into. If you have some ideas, kindly post them in the comments section below, and I will update and add them to the list.
