BUSINESS OPPORTUNITIES AFTER THE COVID19 PANDEMIC

A lot of business opportunities are expected to come up after the COVID19 Pandemic has been controlled and these are expected globally. In Africa, we have always not been prepared for any opportunities after calamities just because we mourn longer and forget that in every problem there is a hidden opportunity.
Opportunities we have envisaged to grow are more in the service and production sectors as highlighted below:

1. Online shopping and delivery of goods from those in supermarkets to those in food markets
2. Transport and logistics of procured merchandise to the consumers
   
3. Psychosocial Support due to the many changes that are coming with this new situation like people who are losing jobs, the stress of home working, etc.
4. Internet Service Provision for Home Office and Education since these are going to be the new trends to enable cut costs
5. Sanitizer and Face masks Production are objects that we are going to live with to avoid any other similar attacks
6. Health Beverage Production seemed to control and increase the immune systems of Africans
7. Spirits and Gin Production will increase as an additive to the sanitizers gel, solutions, and the wipes
8. Computers and Communication Equipment Trading and production is going to increase to cater to the demand of the home and education use
9. Organic food Production will increase since many of the developed countries have high demand and yet it here in Africa that we can abundantly produce it
10. Health and Medical Services
11. Pharmaceuticals Production
12. Office and Home Cleaning
13. Occupational Health and Safety at home and workplaces will be needed due to the change in our work methods and environment
14. Power and Energy Production is crucial because of the increased usage of E-commerce

With any opportunities that come there are also threats that come along which must be dealt with to avoid economic distortions. Threats we envisage to encounter in the post-COVID19 Pandemic are:

1. The collapse of the infant real estate sector especially middle-income residential
   
2. Reduced usage of Public Transport because of home office and layoffs of support staff
3. Reduced renting of office space and shop space for those that have opted for internet use
4. Reduced social and nightlife in bars and clubs with government restrictions
5. Reduction in production and sell of building materials due to the collapse of the real estate
6. Reduction in the tourism and hospitality sector because of reduced travel since many organizations are opting for E-commerce
   

This, therefore, calls for orienting your entrepreneurial mindset from businesses that work in the Pre COVID19 to businesses that will work in the times ahead.