Entrepreneurship Zone: 05 June 2025: Is this crop Nigeria’s next big agribusiness opportunity?

Bulls n Bears info at bulls.co.zw
Thu Jun 5 11:37:54 CAT 2025


	
 


 <https://bullszimbabwe.com/> 

 


 

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

 


 

 


Entrepreneurship Zone: 05 June 2025:  Is this crop Nigeria’s next big agribusiness opportunity?

 


 

 


 <https://www.facebook.com/Hyundaizimbabwe/> 

 


 

 


 

 



A Senegalese village chief holds up the fonio grain. Photo by Richard Nyberg

 

Fonio – a gluten-free grain with many nutritional benefits – has been cultivated as a subsistence crop in West Africa for thousands of years. It is drought-resistant, can grow without the support of fertiliser and restores organic matter in fallow soil. Despite the crop’s long history in the region, it is not fully commercialised.

Thanks to fonio’s nutritional profile, demand has been growing in regions such as the US and Europe.

One advocate for fonio’s potential is Timi Oke, co-founder and CEO of AgroEknor, a Nigerian company exporting dried hibiscus flowers to markets in the US, Mexico, and Europe. AgroEknor turned its attention to fonio after exploring additional crops for the hibiscus farmers in its supply chain.

“You don’t need fertilisers for fonio, you can literally just throw the seeds of fonio on the ground and it will grow … It can grow on any type of soil,” Oke said in an interview with How we made it in Africa.

He mentioned a recent article by Bill Gates that highlights fonio’s benefits and notes that brewer Carlsberg has launched a beer made solely from fonio grains, without barley or bittering hops.

However, AgroEknor is primarily looking at fonio for the Nigerian market. “We are more interested in using fonio as a substitute for rice domestically because Nigeria imports rice and it’s just not practical.” Yet, Oke acknowledged one of the key challenges with fonio: its processing. The grain requires dehusking, which is a labour-intensive process.

-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) 2025 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/20250605/5ef4e963/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/20250605/5ef4e963/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/20250605/5ef4e963/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/20250605/5ef4e963/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 29361 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250605/5ef4e963/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 85224 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250605/5ef4e963/attachment-0003.jpg>


More information about the Bulls mailing list