There is no doubt that the world is now a global village. What was thousands of miles away a few decades ago now seems to be just within our neighbourhoods, thanks to the advances in technology. Many formerly remote areas have now been opened up and are easily accessible. The African continent, for example, has asserted its place as a leading business partner. It is now a major importer and exporter of goods and services. The East Africa region is transforming rapidly. As an inspiring investor, there are many East African business opportunities that may interest you.

One of the biggest areas that you need to consider is in the mineral exploration sector. The African continent and East Africa in particular is endowed with numerous deposits of precious minerals most of which are large enough to warrant commercial exploration. The main limiting factor is of course the huge size of capital that is involved. The returns are usually very tremendous for the investor. Oil reserves have been found in some areas recently and this is likely to be a major area of business in the near future.

Agriculture is arguably the main agricultural activity in the region. The main cash crops grown include tea, coffee and horticultural products. These crops coupled with animal products bring in huge earnings. There are many areas where an investor can plug in. One of the areas is the supply of inputs and equipment. Many of the farmers get credit facilities from financial institutions therefore will manage to pay for the supplies most of the time.

Apart from the selling of inputs, the other area that may provide an opportunity of investment is the purchase of agricultural produce. You can act as a link between the farmers and their markets. Many of them want to cash in as soon as possible without going through the hustle of looking for markets. After buying the produce at an affordable price, you can look for the market and make a profit.

The tourism industry has blossomed for decades. Visitors are attracted to the region because of the varied and unique wildlife and the beautiful scenery. During some years, the number of annual guests approaches hundreds of thousands translating in huge earnings for the industry players. As a potential investor in this area, some opportunities that you need to consider include setting up travel agencies, hotel and hospitality facilities and tour guide companies.

The technological sector is a big employer in Africa. There has been an increase in the usage rates for internet across many countries of the continent. This coupled with massive growth of mobile telephony have greatly increased the demand for many gadgets. Computers and mobile phones are some of the fast selling items.

Globalisation has resulted in extensive exchange of cultures among different people. Africans have adopted some foreign cultures and have in turn exported their own. One way in which this has been achieved is in the sale and purchase of clothing. As a business person you can sale clothes and shoes between Africa and the rest of the world.

There are many East African business opportunities that you may want to consider. With proper research, you will understand where you can best fit in. Consulting with persons who have instated in this region for some time is strongly advised.