8. Mobile Phone Repair
Mobile Phone Repair is a huge business not only in Ethiopia but the world over. One research conducted in the UK states that people have spent over 1,000,000,000 Pounds in the past three years alone.
Close to 1 in 5 people have cracked their screens by dropping them in the same time period and despite this a huge 77 percent of them have no insurance for their mobile phones and only about 56 percent of them cover their mobile phones with protective/hard cases.
Take these statistics and consider how with the explosion of smart phone users in Ethiopia will provide a huge and extremely lucrative business opportunity.
This business can be entered in as a small to medium enterprise or could be invested in to produce a large, modern type of franchise, with a well-known brand name.