Hello Stan , thank you for these information, my quest now is ,if I want to start a spice processing and packaging only , what are the equipments I need and where do i learn it please . Meet one of Africa’s most inspiring performers, Africa needs more fearless people like these two Nigerian journalists, The Business of Silkworm farming: A Fibre-to-Fabric Success Story from Kenya, 11 Business Opportunities in Africa That Made More Millionaires in 2018, The rise and rise of women leaders across Africa (Infographic), How Africa can emerge stronger and better from its water crises, Africa’s rural areas could be the game changer for the continent’s economy, 5 Innovative Ideas That Are Transforming Education in Africa, Meet the entrepreneur behind West Africa’s first indigenous air ambulance service, [Must Watch] How Africa can use its traditional knowledge to make progress. The good news is that you can also start this business with as low as 5K. 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. 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. Struggling to build your business? The last thing they want to do is help you to be a better competitor. This is if to go by the number of people considered to be middle class earners in that population. The best part of starting this business is that you don’t need much investment and no such skills are required. To learn more about how we can help you start, build or grow your business, click here to get started. Going small scale is definitely a good startup idea and isn’t as complex as might think. This provides our Clients with a … To start this business, sausage, samosa and egg business you need a capital of around 1,000 to start. This is where some basic research will be necessary. 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 spice business is a multi-billion dollar global industry and a significant source of revenue for several countries in Africa. What do you think about this business opportunity? The report includes detailed analyses of spices market in Kenya, information on major producers, distributing companies, and buyers. Step 1: Write a Business Plan. My e-mail is ttizirai@gmail.com, Thank you very much for taking your time to put up such helpful and very informative articles. The listing details page will show all information such as contact data, category, description, reviews as well as other related businesses. Starting a business is a leap of faith even in the best of circumstances. Anzazi is optimistic about growth, and expects her business will grow at a rate of 2.5% per year. by Biashara Kenya November 29, 2016. by Biashara Kenya November 29, 2016 1 comment. However, to enjoy commercial success, you may need to acquire a sizeable piece of land for cultivation. Selling Fruit Salad . You don’t need a lot of money for your capital cost because starting a spice business is relatively low in startu… Please I need more information on the processing and packaging of spices in Nigeria. Pepper, cinnamon, nutmeg, ginger, cloves, turmeric and thyme are some of the biggest selling spices around the world. But still, you have to find a way to start, no matter how small. Yes, I too was surprised to find that vanilla is a spice! Add Business. The business will sell organic, high quality spices from Africa to consumers and businesses in the UK. A 2009 Business Administration graduate from the University of Addis Ababa, Senai’s entrepreneurial success has caught the world’s attention. In the remaining part of this article, we shall explore the spice business, the common and popularly traded spices and how you too can become part of this interesting but often overlooked business opportunity. Starting a Business In Kenya The Registrar of Companies is responsible for business registrations in Kenya. John-Paul Iwuoha is a business transformation specialist and founder of Smallstarter. Like this post has expressly highlighte, the spice market really an untapped goldmine. Smallstarter helps entrepreneurs overcome frustrating business problems. Thanks Mr Iwuoha, i tend to start a spice company but the charges involved in registration and Nafdac can be discouraging. Although widely used in several foods and delicacies, ginger appears to have more medicinal applications. 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. Starting a business in Kenya is a multi-step process that involves planning, making key financial decisions and completing a series of legal activities. Although many of these spices originated from Latin America, the Caribbean and Asia (especially India, China and Indonesia), many of them are now successfully grown across Africa. Today, the international trade in spices is still worth a lot of money. 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. The confessions of an economic hitman (Must Watch). Get all the details you need to know about Spices Manufacturers. Basically, spice is an essential item in cooking. How much do you know about the volume and huge potentials of the spice business in Africa? By taking small steps, Anzazi could eventually build a very successful brand of organic and natural spices that could become a continental sensation. Here are some business ideas and it's only for you to decide which most profitable businesses you would like to start the most. Other major producers include India, Brazil, Indonesia, Malaysia, Sri Lanka, China and Thailand. You profit from buying fabric in bulk and subdividing into smaller dimensions for sale to tailors. 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. Boiled eggs and smokies. Currently, the African continent produces less than 10 percent of the spices produced worldwide. 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. We will be exploring more with new ideas and will update soon. Pepper is the most widely consumed of all spices in the world and is often referred to as the King of Spices. What makes charismatic people more likely to succeed? Building a business is not easy. There are about 50 spices of international importance and thousands of other lesser known local spices used for traditional cooking. Starting a photocopy business in Kenya, all you need to know . Due to its strong and aromatic flavour, pepper is commonly used to give a rich seasoning and colour to food and is also used for medicinal purposes. This living document generally projects years ahead and outlines the route a company or individual intends to take to grow revenues. Pepper grows well in tropical regions and is abundant in many parts of Africa. 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. Cakes, biscuits, desserts and lots of other baked stuff contain vanilla. Sell Second Hand Clothes. When spices are processed (usually dried), they last longer and retain their value. Starting such business will require a starting capital of less than Ksh. A food enterprise license, food manager certification or food handler permit may be required. They play such an important role in our daily lives that it’s difficult to imagine our world without spices. Please leave a comment, share your views and ideas or ask any questions you may have in the Comments section below. Most of the world’s spices are grown in tropical regions of the world where sunlight and rainfall are abundant all year round. The brain behind this business is Anzazi Kiti, a professional accountant who still works a day job and runs her business, Taste Afrique Kenya.. This presents a growing opportunity for exporting African spices and herbs, now and in the future. Most profitable business in Kenya in 2017 . I require unbranded wholesale spice quantities. As a result, most spices can be stored for longer periods without any need for advanced or expensive storage facilities. 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 report also includes foreign trade statistics within recent years. If you think owners of nearby spices businesses will give you advice, think again. This is a very popular business that requires very minimal capital to start up but some level of know-how. However are you still in business? The most important thing is to start, no matter how small. 18. According to the FAO, some of the leading producers of spices in Africa include Nigeria, Madagascar, Tanzania, Uganda, Kenya and Ghana. These organizations are aimed at helping startup entrepreneurs get funding for their business. Here are the steps you can follow that will help you to plan, prepare and manage your business. Jewellery making. Kenyan manufacturers and suppliers of spice from around the world. Business funding in Kenya: Do you want to start a business but have no clue where to find to find capital for the business? There are a lot of concerns about how to start an online business in Kenya and succeed. 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. However, there are a variety of spices available globally. 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? Search for a business. 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. Ensure that you chose a product or a service that will be marketable and in demand. Her journey truly exemplifies the spirit of a Smallstarter. Are there popular spice blends around you that everybody loves but still have to buy the spices individually to blend them? Business funding in Kenya 1. We will not accept products that do not meet our business standards. Are there local spices in your area that are sold ‘naked’ in the open market? Now 27 years old, his company produces and exports popular Ethiopian spice blends to satisfy the needs of his countrymen living abroad, especially in the United States and Europe. Selling fruits salad is a lucrative business idea that one can start with a small amount of capital. As Africa’s population continues to grow and more people adopt Western diets, the demand for vanilla will explode to support the processed food and cosmetics industries. In 2012 for example, Ethiopia earned over $700 million from spices and related exports. You only need skills and some income and a homeroom as your place of work. Starting a Business in Kenya as a Foreigner – A Complete Guide . Steps for Starting a Business in Kenya. Table manners for entrepreneurs — important tips and dining etiquette to always keep in mind, One of my best speeches of all time — The danger of a single story. Here is what you need for starting an online business in Kenya. As you learn the ropes, and understand the market, you can make some money you can use to get registered. You could also look at many more interesting and lucrative business ideas in the Business ideassection of this website. She plans to use the prize money to increase marketing penetration for her products. In the remaining part of this article, we shall explore the spice business, the common and popularly traded spices and how you too can become part of this interesting but often overlooked business opportunity. Panjiva uses over 30 international data sources to help you find qualified vendors of Kenyan spice. Many people have the passion, intention and the will to dip their hands into any business that can possibly make them millionaires but die to lack of information, they put their thoughts in the waiting list. And remember, making great food is key to customer retention. Depending on the type of spice, the farming techniques and requirements may differ. Stan Edom-April 30th, 2020 at 8:17 am. 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. In search of spices, Europeans sailed across the oceans to the Carribean, Africa and Asia, and in the process, discovered many parts of the world. Here’s a detailed guide of how to start a gym business in Kenya – with cost reviews and equipment needed to start. Angel Networks. Spices Market in Kenya: Business Report 2020 provides a complete overview of current market state issued in a comprehensive and easily accessed format. It takes courage, determination, hardwork and grit. 2. This is one of the most profitable top businesses you can start with 20K in Kenya. This range of natural spices is an interesting alternative to the large volumes of artificial seasoning that has flooded the African market.. Despite this advantage, a lot of these spices are still imported into Africa every year. This article features Senai Wolderufael, a successful African spice entrepreneur who was recently featured in Forbes Magazine. Some other spices are more popular among certain cultures and ethnicities because of their use in local foods, delicacies and medicines. To learn more about how we can help you start, build or grow your business, click here to get started. Click here to learn more about his signature programs. Spices like saffron are still more expensive (per ounce) than gold. You never know, you could inspire and change somebody’s life today! The revelations in this documentary will amaze you. His company’s top selling spice blends are Shiro, Mitmita, Korarima and Berbere. Our small blending factory is at plot 2 house 2 Olive estate satelite town lagos. The next step is to contact your city’s health department to find out what permits you need to start a food business. This is because a lot of people have … Angel Networks are financiers who will first have to believe in your business idea as a viable one. Africans have valued and used spices for centuries. Working on a dream? glass, wood, beads, shells. Let’s look at the broad areas through which entrepreneurs can enter the spice business. It is very important for my brand that these spices are of high quality. If you are interested in starting a spices business, it's a smart move to learn from folks who are already in business. 2. Package the spices in an attractive bottle, sachet or anything that works for you. Best Businesses to Start in Kenya – Start a Fast Food Business in Kenya . (photo credit: thegingertea.com). ABOUT KUZABIASHARA. Starting a business involves planning, making key financial decisions and completing a series of legal activities. This kind is not yet explored fully you that everybody loves but,... Named by LinkedIn as one of the world ’ s a detailed guide of how how to start a spice business in kenya.... Like jewels and the market, you ’ re right, the charges involved in the rest of article! To cultivate and usually don ’ t need much investment and no such skills are required in many parts the... With where you live by targeting homes with babies, doing door to door deliveries he was by! Update soon increase marketing penetration for her products usually don ’ t how to start a spice business in kenya investment! 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