5 Untapped Small Business Ideas In Africa in 2023

2. Tourism

Percentage of MSMEs in the Industry: 1.1%

The African region is home to the world’s most attractive tourist destinations. According to our methodology, the tourism sector has a lot of potential for small business owners. Small business owners can start a travel planning business, a car rental business, an event planning business, an event-specific travel company, and a tourism magazine.