They also have important uses in cosmetics, perfumes, medicine and religious rituals. Through his signature training courses and private programs, he has worked with hundreds of African entrepreneurs and business owners to overcome serious challenges with starting, growing, or turning around their businesses. We would also appreciate that you share this article with your friends using the Facebook, Twitter and Google+ buttons below. The brain behind this business is Anzazi Kiti, a professional accountant who still works a day job and runs her business, Taste Afrique Kenya.. Typical colours are white, red and purple. Starting such business will require a starting capital of less than Ksh. 1. As a matter of fact, 1,000 shillings is always enough -and- if you sell everything that you’ve made for the day, you can end up with at least Ksh. If you are interested in starting a spices business, it's a smart move to learn from folks who are already in business. How and where can one get contact of these retailers, Hello Mr Ashu-mbe my name is Mr James Kalu. It is regarded as an ancient traditional herb and one of the best natural anti-inflammatory remedies in the world. He simply thought outside the box and presented his country’s local spices to potential customers in different parts of the world. We at Kuza Biashara are focussed to encourage these daring small business owners who have the potential to innovate and change the world by contributing to the nation’s economy and livelihood. Kenyan manufacturers and suppliers of spice from around the world. 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However, in this section, we will look at five of the most common spices that can be grown and traded both locally and internationally across Africa. This is one of the most profitable top businesses you can start with 20K in Kenya. Business funding in Kenya: Do you want to start a business but have no clue where to find to find capital for the business? You never know, you could inspire and change somebody’s life today! To ensure that you get a broader view of the spice families, I’d like to share more popular spices with you under their broad classifications. Currently, the African continent produces less than 10 percent of the spices produced worldwide. Most of the world’s spices are grown in tropical regions of the world where sunlight and rainfall are abundant all year round. Today, the international trade in spices is still worth a lot of money. There are about 50 spices of international importance and thousands of other lesser known local spices used for traditional cooking. What do you think about this business opportunity? Let’s look at the broad areas through which entrepreneurs can enter the spice business. And remember, making great food is key to customer retention. You don’t need a lot of money for your capital cost because starting a spice business is relatively low in startu… Struggling to build your business? These organizations are aimed at helping startup entrepreneurs get funding for their business. Although India and China dominate global ginger production and export, Nigeria and Cameroon are part of the top ten world producers of this highly important spice. Spices like vanilla, black pepper and nutmeg which are native to other countries are cultivated successfully in Africa because of the similar climate we share with those regions. The spice business is a multi-billion dollar global industry and a significant source of revenue for several countries in Africa. Onions appear on the market in various colours, shapes and sizes. Selling Fruit Salad . In spite of the small profit margins involved, tailors use hundreds of meters of fabric in a month. Whether you plan to focus on cultivating foreign or local spices, the demand for these commodities will make such a venture worthwhile. 1. Step 1: Write a Business Plan. FREE subscription don't miss every new video: https://goo.gl/n7zTix How to start a Food Business series: How to start a spice company. My name is Margaret Debrah, and i am currently setting up a spice business in the UK. Pepper grows well in tropical regions and is abundant in many parts of Africa. Although the soil and climate in many parts of Africa are favourable to growing spices, we are yet to fully exploit the huge opportunities in these widely traded commodities. A 2009 Business Administration graduate from the University of Addis Ababa, Senai’s entrepreneurial success has caught the world’s attention. Her journey truly exemplifies the spirit of a Smallstarter. What makes charismatic people more likely to succeed? Copyright 2013-2030 Smallstarter Africa | All Rights Reserved | Powered by, Spices – How African Entrepreneurs Can Build A Business From This Old But Lucrative Product, 30 Most Promising Young Entrepreneurs in Africa 2014. Panjiva uses over 30 international data sources to help you find qualified vendors of Kenyan spice. The confessions of an economic hitman (Must Watch). You might also need to invest in a small packaging machine under 50k to help get your product packaging looking right, Call me to discuss more: +234803-914-3029. See it in Action. Throughout human civilization, spices have remained special and valuable. According to the FAO, some of the leading producers of spices in Africa include Nigeria, Madagascar, Tanzania, Uganda, Kenya and Ghana. The listing details page will show all information such as contact data, category, description, reviews as well as other related businesses. To start this business, sausage, samosa and egg business you need a capital of around 1,000 to start. Selling fruits salad is a lucrative business idea that one can start with a small amount of capital. During a recent East Africa regional business competition dubbed “Youths for Agribusiness”, Anzazi emerged as one of the six finalists, which earned her a $2,000 prize award. Thanks, Good day to you, I know I am two years too late to this post. Reply. Stan Edom-April 30th, 2020 at 8:17 am. Although onions are technically classified as “aromatic vegetables,” they remain one of the most popular spices in the world. Thanks for article, very insightful. We will not accept products that do not meet our business standards. Building a business is not easy. Let’s also not forget the growing local demand for spices within our towns and cities. Fortunately, his spice blends have become quite popular with a growing number of non-Ethiopians within Africa and abroad. Step 1: Find Goods, product or services to Sell Online. The best part of starting this business is that you don’t need much investment and no such skills are required. This living document generally projects years ahead and outlines the route a company or individual intends to take to grow revenues. This is exactly the same strategy that has worked for Senai Wolderufael, the successful Ethiopian spice entrepreneur! Search for a business. There are different varieties of pepper on the market; black, white, green and red are just a few of the popular varieties. Whether you’re hunting for good business opportunities, trying to start a business, looking to raise capital, eager to make more sales and grow your business, or desperate to structure your business and hire capable people, you’ve come to the right place. You could also look at many more interesting and lucrative business ideas in the Business ideassection of this website. By taking small steps, Anzazi could eventually build a very successful brand of organic and natural spices that could become a continental sensation. It is very important for my brand that these spices are of high quality. Chibundiro is a brand of natural blended spices in Kenya. In 2012 for example, Ethiopia earned over $700 million from spices and related exports. 7. It’s easy for us to take our local spices for granted without considering the lucrative potentials they may have in other countries and cultures. If you’re like me, it would be very difficult to imagine some of your favourite meals without pepper. The spice business has a rich and interesting history that dates back several hundred years. SBP 039: How to Keep Going When You Feel Like Giving Up, SBP 038: The Amazing Power of Doing Small Things in Business, SBP 036: How Smart Entrepreneurs Plan for A New Year (Part 2), SBP 035: How Smart Entrepreneurs Plan for A New Year (Part 1), SBP 034: Interview conversations about my life, career, and opinions, SBP 033: 5 Interesting Business Opportunities in Africa in 2021, SBP 032: 7 Important Risks To Consider In Every Business, SBP 031: The 6 Demons You Must Defeat To Succeed In Business. Other major producers include India, Brazil, Indonesia, Malaysia, Sri Lanka, China and Thailand. They are: Now that we have explored the spice business, it’s time to look at the various opportunities that exist for entrepreneurs who are willing to exploit this market. Mitumba clothes. You need to watch this! I am the MD of THE SPICE HOUSE NIG LTD, a small spice blending and retailing company based in Lagos and abuja Nigeria. South Asia (India, Pakistan and Nepal) is by far the world’s largest spice producing region and produces more than 55 percent of spices worldwide. Here are some business ideas and it's only for you to decide which most profitable businesses you would like to start the most. That may be a good opportunity for you to produce a branded spice product. This is if to go by the number of people considered to be middle class earners in that population. It takes courage, determination, hardwork and grit. The trade and business of spices can be linked to many historical events, discoveries, inventions and wars. You need to watch this. glass, wood, beads, shells. Copyright 2013-2030 Smallstarter Africa | All Rights Reserved | Powered by, This Kenyan Entrepreneur Makes Natural Blended Spices for the Local Market, How these Successful African Entrepreneurs Raised Capital for Their Businesses, Why the USA and Africa are losing out on mutual trade and investment opportunities, and how to fix it, Want to export African products to the USA? Although vanilla is native to Mexico, Madagascar and Uganda are the only African countries in the top ten vanilla producing countries in the world! If there are any spice farmers on this platform please reach out to me margaretdebrah1988@gmail.com. We have done an in-depth guide on how to start a profitable Mitumba business so if you need more guidance you can check it out. 2. Angel Networks are financiers who will first have to believe in your business idea as a viable one. People like jewels and the market of this kind is not yet explored fully. In February 2014, Senai, along with 29 other African entrepreneurs, was listed by Forbes Magazine as one of the 30 Most Promising Young Entrepreneurs in Africa 2014. Here are the steps you can follow that will help you to plan, prepare and manage your business. As usual, I believe that the opportunity and information I have shared with you in this article can be taken further by your creativity and energy. There are a lot of concerns about how to start an online business in Kenya and succeed. (photo credit: teachermrsg.blogspot.com). If you’re resident in Lagos, Nigeria- we offer prouct drying an milling services to small starters who can’t afford the prouduct machinery just like you. Despite this advantage, a lot of these spices are still imported into Africa every year. Everybody loves vanilla ice cream! Add Business. Are there local spices in your area that are sold ‘naked’ in the open market? East Asia (China) and South-East Asia (Indonesia, Vietnam and Thailand) are the second largest spice producing region in the world. Starting a Business in Kenya as a Foreigner – A Complete Guide . Humans and spices have had an interesting relationship for thousands of years. Starting a business involves planning, making key financial decisions and completing a series of legal activities. 18. If you don’t like pepper, you’re definitely in the minority! These are the top 25 plus small business ideas in Kenya to start with small money. In 1780, England went to a bitter war against the Dutch for control of the spice routes of Asia. Currently, Vietnam (an Asian country) produces and exports over 30 percent of the world’s pepper. I’m in Tanzania just for the record. Does God hate Africans? Depending on the type of spice, the farming techniques and requirements may differ. Spices have existed long before this young man was born. Due to its worldwide appeal and rich, delicate taste, vanilla remains one of the world’s top selling spices and one of the most expensive too. Spices like saffron are still more expensive (per ounce) than gold. Today, spices remain significant in human life as they are widely used in flavouring, colouring and preserving food. Are there popular spice blends around you that everybody loves but still have to buy the spices individually to blend them? Smallstarter helps entrepreneurs overcome frustrating business problems. It is commonly used as a flavouring agent in sweet foods and beverages such as tea, beer, ginger ale, gingerbread, biscuits and several other products. The best part is, you will be creating a recognizable product locally and internationally (that’s if you plan to export) and of course, you can sell at a higher price. If I had to explore all the spices, this article could become a huge and heavy book. All of these are mixtures of common spices like peppers, ginger and several other local herbs and spices. Most spices are easy to cultivate and usually don’t require a lot of land, advanced technology or machines. And of course, ice cream! ★ Spices ★ Kenya ★ Karman Wholesalers ★ Shree Sai Industries Ltd ★ Imperial Food Industries Ltd ★ Govindji Khetshi & Sons ★ Benson M ★ Lamini Emporium ★ Spices, Spices, Spices, Spices, Spice making business involves the manufacturing of varied spices as well as various condiments that are used to add flavour to the food. You profit from buying fabric in bulk and subdividing into smaller dimensions for sale to tailors. He/she issues certificates of compliance for foreign companies, certificates of incorporation for local companies and certificates of registration for sole proprietorship and partnerships. When spices are processed (usually dried), they last longer and retain their value. 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