Air freight transport
According to The Nation, the air cargo industry accounts for 35% of global trade by value, or over $6 trillion. Air freight is time-saving, efficient and preferred for sending shipments from one country to another, and Africans can benefit from it.
So whether you are in South Africa, Nigeria, Kenya, Ghana, Ethiopia or Mauritius, starting an air cargo business is lucrative. Remember that the industry is capital intensive, so it is necessary to acquire prior knowledge. Consider becoming an understudy for online experts or taking some form of apprenticeship to get started with a good understanding of the nature of business.
According to Fast Capital 360, starting a trucking business is lucrative for both short-term and long-term investors. It is one of the most profitable transportation and logistics businesses to start with moderate capital. Trucks can deliver different products from manufacturer to wholesaler and retailers in any country.
Consider selecting based on your interests, while shed delivery, car hauling, home improvement equipment, and livestock hauling are a few trucking business niches. Moreover, Africans can venture into transporting diesel, gasoline and agricultural equipment for rewarding opportunities.
Courier service on request
According to Small Businessify, offering courier services is a profitable business idea with rewarding opportunities. As e-commerce becomes more and more popular, home delivery of goods and services becomes essential, making courier service necessary. The idea is to satisfy any customer’s need to purchase an item and have it delivered to a preferred location for a fee.
Consider setting up a pricing structure and package tracking options before getting into this business. Beginners should consider offering grocery, pizza, laundry, medical, beverage, and e-commerce courier services to generate high revenue.
According to Profitable Venture, shipping services are among the best transportation and logistics business ideas that guarantee a steady income. While shipping services are an integral part of transporting goods from manufacturers to consumers, Africans can earn a decent income without national barriers.
If you have experience and expertise in importing and exporting goods, consider this lucrative business idea. However, the business idea requires passion, dedication, effort and practical strategies to achieve successful results.
Car shuttle service
According to Make in Business, a car shuttle service is a lucrative transportation business idea if you start with an effective plan. This sector offers endless lucrative opportunities, and Africans who can make different professional changes can generate income.
This idea is a specialized business plan providing requested or scheduled transportation services to customers. Starting a car shuttle business requires the purchase or rental of vehicles, insurance, licenses and office rental, and Africans can benefit from this. Also, you can run a sole proprietorship or a partnership with a trust, corporation, or even a partnership.
Automotive Detailing Service
According to Mobile Tech, auto detailing involves cleaning, restoring, and adding finishing touches to the interior and exterior of any vehicle. You can earn a high income in this industry if you add finishing touches including vacuuming, polishing, and waxing vehicles.
Although this business is profitable, it requires a clear plan to achieve successful results. Consider determining your target market, start-up, ongoing costs, and how much you will charge customers, and do your research before starting this business. Also, this idea can quickly become your favorite transportation and logistics business.
According to Business News Daily, starting a travel agency is a quick way to make money in the transportation and logistics industry. With the increasing number of travelers in the world, Africans can generate income in the industry with a travel agency.
Travelers have specialties, so think about picking a niche and win vacations and trips. Many Africans have the resources to start a travel agency, but you don’t have to do it alone. Africans can start the business through a franchise for quick accreditation and minimized budget.
truck driving school
According to Entrepreneur, starting a driving school is a great business with high profit potential and rewarding opportunities. By establishing a driving school, Africans can benefit from the growing number of trucking companies and drivers.
While the business requires accreditation and significant capital investment, Africans can benefit from teaching truck driving to their customers. Consider obtaining essential licenses and equipment for proper operation and leverage the internet and social media platforms for publicity.
Africans can earn high incomes by providing air cargo transportation services, trucking business and on-demand courier services. You can earn money by starting a car shuttle and detailing service and even a travel agency without national barriers. Africans can benefit from these profitable transport and logistics business ideas with lucrative opportunities. Now that you know the most beneficial transport and logistics business ideas for Africans, consider doing thorough research on each point before selection.
*Views expressed in this article are those of a Business Insider Africa contributor. It does not represent the views of the Business Insider Africa organization.
Olayinka Sodiq is a skilled copywriter with technical, analytical and writing experience gained over 5 years of in-house and freelance gigs. He is versed in finance, investments, technology, blockchain, mergers and acquisitions, bankruptcy, etc.