Road Accidents Cause 17% of Power Outages in Guyana

Guyana Power and Light (GPL) has revealed that nearly 17% of power outages in 2024 were caused by vehicular accidents damaging utility poles and infrastructure. The company is now pursuing cost recovery from drivers responsible for damages, invoicing around G$28 million so far. While traffic accidents are a growing issue, GPL also cited power generation challenges and construction-related incidents as significant causes of outages. The company recently signed a two-year contract with Turkish-based Karpowership and Qatar’s UCC Energy to improve electricity supply stability.

Guyana Joins Regional Satellite Partnership for Digital Connectivity

Guyana has joined forces with Caribbean nations and Spanish satellite operator Hispasat under Project CONDOSAT (CARISAT) to improve regional digital connectivity. Prime Minister Mark Phillips highlighted the initiative’s role in bridging the digital divide, particularly for remote and underserved communities. Since launching its Low Earth Orbit Internet Project in 2024, Guyana has connected 225 out of 253 targeted communities, with plans to complete the project by mid-2025. The partnership aims to enhance telecommunications, support innovation, and strengthen resilience against natural disasters in the Caribbean.

Business Opportunities Based On Today’s Developments

Small Enterprises (SMEs)

1. Utility Pole & Electrical Infrastructure Repairs

   • Given that 17% of Guyana’s power outages in 2024 were caused by vehicular accidents damaging utility poles, there is an opportunity for small businesses to offer emergency repair and maintenance services to GPL and other utility companies.

   • Key Considerations: Partnering with GPL or subcontracting under larger firms could provide a steady revenue stream. Training in electrical safety and rapid response is crucial.

2. Tech-Based Educational Services

   • With Guyana investing heavily in digital connectivity and satellite expansion, there is growing demand for digital literacy training, especially in rural areas. Small businesses can provide basic IT training, online course facilitation, or even tech repair services to underserved communities.

   • Key Considerations: Offering low-cost, high-value programs in partnership with government or NGOs could create a niche market.

3. Legal & Compliance Consulting for Oil & Gas Subcontractors

   • With the revocation of CGX/Frontera’s oil block license, the oil and gas sector will likely see a reshuffling of players. SMEs specializing in compliance consulting, contract reviews, and regulatory assistance could help smaller subcontractors ensure their operations meet government requirements.

   • Key Considerations: Focus on permits, environmental regulations, and local content requirements to help smaller players navigate this competitive space.

Medium Enterprises (MEs)

1. Renewable Energy Solutions for Businesses

   • The ongoing power outages and reliance on fuel-generated electricity highlight the need for alternative energy solutions. MEs could supply and install solar panels and backup power systems for small businesses, government offices, and residential complexes.

   • Key Considerations: Developing financing options (e.g., leasing, pay-as-you-go models) could increase accessibility.

2. Cybersecurity & Digital Infrastructure Services

   • With Guyana ramping up telecom investments and regional satellite connectivity, the demand for cybersecurity, data protection, and IT infrastructure services will rise. Businesses could provide secure cloud storage, encrypted communication services, and network security audits for both public and private sectors.

   • Key Considerations: A strong sales strategy targeting government and corporate contracts is necessary for success in this space.

3. Healthcare Staffing & Recruitment Services

   • The U.S. restrictions on Cuban medical professionals could create staffing gaps in Guyana’s healthcare system. MEs could offer recruitment and placement services for local and regional healthcare workers, connecting qualified professionals with clinics and hospitals.

   • Key Considerations: Collaborating with the government or private hospitals can ensure long-term contracts and a steady supply of professionals.

Large Enterprises (LEs)

1. Oil & Gas Infrastructure Development

   • With the Corentyne Block up for reassignment, large firms have an opportunity to acquire licenses, invest in upstream exploration, or provide engineering and logistics services to new oil companies entering the market.

   • Key Considerations: Forming joint ventures with international partners could provide capital and technical expertise.

2. Telecom & Digital Expansion Projects

   • The satellite partnership with Hispasat and government-backed ICT initiatives signal a strong push for digital connectivity. Large enterprises can invest in fiber optic expansion, 5G infrastructure, and smart city solutions to capitalize on this momentum.

   • Key Considerations: Government partnerships and PPP models could provide lucrative, long-term contracts.

3. Security & Defense Contracting

   • With increased geopolitical tensions between Venezuela and Guyana, there is rising demand for border security, surveillance technology, and defense infrastructure. Companies specializing in drone surveillance, cybersecurity for critical infrastructure, or private security solutions could secure major government contracts.

   • Key Considerations: Ensuring compliance with international defense procurement standards will be crucial for securing government deals.

These opportunities align with Guyana’s current economic trends, geopolitical shifts, and industry gaps, offering viable business pathways for entrepreneurs at every level.

Side Hustle Ideas Based On Today’s Developments

1. Mobile Power Backup Rental & Installation Service

   • Why? With frequent power outages and increased demand for reliable electricity, a rental service for portable battery packs, solar generators, or small inverters could be a profitable side hustle. Target small businesses, vendors, and home offices that need backup power.

   • How to Start:

     • Invest in a few high-quality portable power stations or UPS systems.

     • Offer daily or weekly rental packages.

     • Provide an installation service for small solar or battery backup solutions at homes and shops.

   • Potential Earnings: $20,000 – $50,000 GYD per rental, depending on demand and system size.

2. On-Demand Compliance & Permit Assistance for Small Contractors

   • Why? With Guyana’s booming construction and oil-driven economy, many small contractors and entrepreneurs struggle with permits, business registrations, and regulatory paperwork. A streamlined permit consulting service could save them time and generate a steady side income.

   • How to Start:

     • Learn the basic requirements for business permits, contractor licenses, and tax filings.

     • Offer affordable, done-for-you assistance to small construction firms, mechanics, food vendors, and startup import/export businesses.

     • Advertise on Facebook, WhatsApp groups, and small business networks.

   • Potential Earnings: $15,000 – $40,000 GYD per client, depending on service complexity.

3. Tech Hardware Import & Resale (Targeting Rural Areas)

   • Why? With Guyana’s push for digital expansion and satellite connectivity, there is rising demand for tech hardware like routers, battery backups, and laptops—especially in rural communities where access to electronics is limited.

   • How to Start:

     • Source affordable but quality routers, tablets, power banks, and refurbished laptops from international suppliers (Alibaba, Amazon, etc.).

     • Sell via WhatsApp, Facebook Marketplace, or a small e-commerce page targeting hinterland communities, teachers, and students.

     • Offer bundles with setup services, like internet configuration and software installation.

   • Potential Earnings: 30%–50% markup per unit; higher sales potential as connectivity expands.

These side hustles capitalize on Guyana’s rapid economic growth, infrastructure challenges, and digital transformation while requiring relatively low startup costs and minimal time investment, making them ideal for employed individuals looking for extra income.