Entrepreneurship Zone: 15 July 2024: Four money-making agriculture opportunities in Africa

[Bulls n Bears]

 <https://bullszimbabwe.com/> 

 


 

 <http://www.bullszimbabwe.com/> Bullszimbabwe.com        <mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments        <http://www.bulls.co.zw/blog> Bullish Thoughts        <http://www.twitter.com/BullsBears2010> Twitter         <https://www.facebook.com/BullsBearsZimbabwe> Facebook           <http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn          <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp         <mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

 


 

 


Entrepreneurship Zone: 15 July 2024:  Four money-making agriculture opportunities in Africa

 


 

 




 


 

 


 

 

 

Heat-stable protein, fish farming in Côte d’Ivoire and technology to track the movement of food throughout the production chain. These are some of the untapped business opportunities in Africa’s agriculture and food sector identified by a panel of industry players during Standard Bank’s Africa Unlocked conference that took place in Cape Town this week.

In the meat sector, a heat-stable form of protein could be a lucrative product, according to Craig Irvine, Group CEO of poultry company Irvine’s Africa. “One of the biggest challenges that we have is lack of refrigeration and a lack of power infrastructure. So if you find some sort of heat stable, long shelf life type product, that will be a real winner,” he said.

Fish farming presents a significant opportunity in Côte d’Ivoire, as highlighted by Désiré N’zi, CFO for Africa and the Middle East at food processing equipment maker Bühler Group. He explained that the country consumes about 800,000 tonnes of fish annually, with around 80% being imported.  

Marvin Nii Adom Armah, a senior account manager at Ghana-based Farmerline, pointed to traceability technology that enables the tracking of food products through all stages of production, processing, and distribution. Traceability is becoming increasingly crucial for consumers and regulators. Armah noted the growing pressure on companies to prove that their ingredients are not sourced from recently deforested lands or contributing to forest degradation. The European Union’s new deforestation regulations come into effect later this year 

Earlier in the conversation, Brian Lever, chairman of AGT Foods, a major exporter of popcorn, explained how they have also found success with mung beans, a crop that wasn’t widely produced in South Africa and Botswana. “Maybe 8-10 years ago, one of my sons walked into my office and said, ‘I want to do a trial with mung beans’. I said, ‘Where are we going with these things?’ He said, ‘We’ll send them to Asia, India, China.’ I said, ‘Okay let’s do a trial.’ And within three years, we were up to shipping 20,000 tonnes a year from nothing.” He noted that because his company processes and properly packages the mung beans, they are able to sell them at $300-$400 a tonne more than producers in countries like Tanzania and Mozambique that don’t follow these practices.

 

 

—Howwemadeitinafrica

 

 


 


 


 

 Invest Cellphone:    +263 71 944 1674 | +27 79 993 5557 

Email:               bulls at bullszimbabwe.com <mailto:bulls at bullszimbabwe.com> 

Website:            www.bullszimbabwe.com <http://www.bullszimbabwe.com>  

Blog:                 www.bullszimbabwe.com/blog <http://www.bullszimbabwe.com/blog> 

Twitter (X):        @bullsbears2010

LinkedIn:           Bulls n Bears Zimbabwe

Facebook:          www.facebook.com/BullsBearsZimbabwe <http://www.facebook.com/BullsBearsZimbabwe> 

Skype:         Bulls.Bears 



 

 

 


 

 


DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

 


 

 


(c) 2024 Web: www.bullszimbabwe.com <http://www.bullszimbabwe.com>  Email: bulls at bullszimbabwe.com <mailto:bulls at bullszimbabwe.com>  Tel: +27 79 993 5557 | +263 71 944 1674

 


 

 

 

 

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240715/c38e2146/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 9458 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240715/c38e2146/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240715/c38e2146/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 65574 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240715/c38e2146/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 29359 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240715/c38e2146/attachment-0001.jpg>