5 Untapped Small Business Ideas In Africa in 2023

3. Energy

Percentage of MSMEs in the Industry: 1.4%

The electricity crisis in certain African regions offers a magnificent opportunity to offer renewable or green energy solutions. According to our methodology, only 1.4% of the small and medium-sized businesses lie in the energy sector. Small business owners can opt to become solar panel suppliers, offer services in solar panel installation, sell inverters and UPS, and offer repair and maintenance services.