Starting A Business In Cameroon is a very nice Idea.
Cameroon officially the Republic of Cameroon (French: République du Cameroun), is a country in Central Africa. A less common name is the Shrimp Republic (French: République des Crevettes), a literal translation of Portuguese República dos Camarões.
It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea , Gabon and the Republic of the Congo to the south.
Cameroon’s coastline lies on the Bight of Biafra , part of the Gulf of Guinea and the Atlantic Ocean.
Are You Looking for a business to do in Cameroon?
Are You In Search of the best business ideas and investment opportunities in Cameroon with low capital?
If yes, Then We have here the profitable businesses in Cameroon one can start with little capital.
We had to do a lot of research to come up with this list of profitable business ideas in Cameroon. We bet to let you know that, these business ideas when carefully practiced as We’ve explained below can seriously change your financial and business life.
As the economic landscape changes, Cameroonians are trying their hands at a range of lucrative business opportunities.
To set a business in motion, an entrepreneur needs to evaluate the commercial feasibility, market status and future possibilities.
However, before anything else, a business requires a persuasive idea and capital to incur the initial expenses.
The beauty of this blog post is that little or no capital is required to launch the businesses ideas that we will discuss.
As you read through this list, you will discover some of the best, low capital business ideas in Cameroon that are proving to be very profitable. Now Let’s Begin!!!
Start A Business In Cameroon
This is the best time to invest and do business in Cameroon. Cameroon is now offering you many opportunities in key sectors like:
- Art & Craft
- Food Business
- Health Care
- Import And Export
- Internet And Online Business
- Oil And Gas
- Real Estate
- Travel, Hospitality And Tourism
Click on any of the sector that fits your criteria and see list of best business ideas and decide which one of the business to start with.
On the profitable businesses you can invest with the following amounts:
- Less Than $100 USD
- Between $100 USD And $500 USD
- Between $500 USD And $1000 USD
- Between $1000 USD And $1500 USD
- Between $2000 USD, $3000 USD And $5000 USD
- Between $10,000 USD, $15,000 USD And $20,000 USD
- Between $50,000 USD, $70,000 USD And $100,000 USD
- Between $100,000 USD And $150,000 USD
- Above $200,000 USD
Note: The investment you are making depends on your scale of preference. It can be small scale, medium scale or large scale.
Profitable/Lucrative Businesses You Can Start In Cameroon With Little Capital
Here are list of most Successful Small Business in Cameroon with little capital investment.
1. Roadside Fast Food Corner:
This is an old tried and tested business. If you wish to reap the rewards surely, but steadily, food is an excellent business domain.
Food is an essential need and its
demand can never come down.
Thus, it is considered a money-making activity. If you are hard working and wish to test your culinary skills, you can opt for this business choice.
Maintain quality, good portions, be exceptional and create your own brand.
Follow these simple tips and first time visitors will quickly become regulars.
2. Office Supply:
Office Supply is one of the lucrative business in Cameroon.
Office workers are usually totally engrossed in their work, work long hours and often have little time
Contact your local offices and enquire about being an office supplier. You can provide them with everything they need, from office accessories to fashion items and grocery products.
The only advice – Don’t be greedy, but honest and fair with your prices. The key is to keep them happy so you can make a steady income and gain referrals. Don’t look to get rich quick.
3. Rice Farming:
Rice production is considerably low in Cameroon in comparison to its consumption rate. Therefore, the cultivation of rice can be a guaranteed idea to start a business and a fruitful source of profits.
4. Website Designing:
This is quickly growing to be one of the most favorable and budding business domains for young entrepreneurs, not just in Cameroon, but also across the globe.
All you need to have is a deep and clear understanding of online
processes, marketing strategies, SEO tactics and legal guidelines.
This is cost-effective, futuristic, gainful and customer-focused.
5. Internet Business:
Some Cameroonians Do Ask “What are the profitable business ideas in Cameroon?”
But do you know that Internet Business is also a small business investment opportunities in Cameroon that requires little capital.
Can you imagine this world without the Internet?
Surely not, You and Us won’t Like that.
Cameroonians and Africans as a whole are avid Internet users.
If you can provide Internet connection at fair prices, throw in the occasional offer, and advertise smartly you could earn plenty of money.
Education is a fundamental right, but ironically, there aren’t enough good schools to offer it. Not just Cameroonians, but every parent in the universe wants his child to have the best education.
As there is an absence of high-quality schools in Cameroon, tutoring can fetch you high income.
Don’t limit your options to academic tutoring. Turn your hard and soft skills in to a lesson.
For example can you play a musical instrument?
Can you draw or design jewellery?
Are you a food lover or cook?
Are you highly skilled at a specific sport? Website design? Maybe you have a passion for creative writing, dancing or even farming?
7. Snail Rearing:
If you establish yourself as a snail retailer, you are surely on the way to immense wealth.
Snail rearing is an effortless task, as it requires less expenditure on food and shelter.
They reproduce at a faster rate and the Cameroonian’s markets are always willing to pay for them.
8. Poultry Farming:
This sector has what it takes to be successful. Birds are easy to rear; they breed fast and quickly mature to market weight.
You can start off small and quickly scale up which makes poultry farming a profitable business in Cameroon.
Sell eggs and meat in the market and get your pockets filled with cash.
9. Second Hand Products:
Who doesn’t like spending less for something really superior in quality?
Cameroonians can readily pay anything for second-hand products if they are fit for use.
For this business you need to understand what people want to buy, and build connections with suppliers who can provide you with the goods.
Start small, focus on quality, charge reasonable prices and build your customer base.
The key is to keep your customers
10. Palm Oil Retailing:
Unlock big gains by becoming a supplier of Palm Oil, a liquid used in high quantities in Cameroon.
Store the precious oil during the
peak times and sell it during the off-season.
However, first learn – where to buy, where to sell, how to store and how to resell.
The demand for Palm Oil can never plunge in Cameroon and your profits too.
All of these low capital business ventures have great potential, and the ability to help you generate a steady income, and if done properly you could earn millions.
All These Small Investment opportunities Are Excellent Small Businesses To Make Money In Cameroon.
But remember the success is in the planning , and your ability to execute your plan. There are some key elements that you must assess before committing to any business venture.