[Money Monday] 4 things African entrepreneurs should consider investing in

Toothpicks

Toothpicks

This is an interesting business that attracts huge demand due to its daily use in homes, restaurants and hotels. The relevant raw materials to produce this product are 100 percent locally available and can be found all year round. This means that the funds you put into this kind of business would easily be recovered. The wood leftovers and the machine used in producing the toothpicks are also not expensive. It is saddening that Africa still imports toothpicks. Thus, take advantage of this and venture into the toothpick business as its market is not only expanding but sustainable.