When most people think of agriculture in Africa, images of poor farmers with crude tools on a rural farm readily come to mind.
But we at JobnetAfrica feel Africa sits on an agribusiness goldmine, but a lot of people just dont’t see it.
Here are 5 reasons why JobnetAfrica feels agriculture is one of the biggest business opportunities in Africa right now:
1. Africa has cheap agricultural land
According to the World Bank, Sub-Saharan Africa is home to nearly 50 percent of the world's fertile, usable and uncultivated agricultural land. A large proportion of Africa’s agricultural land is located in the rural areas. That’s why they’re often cheap to buy or lease.
2. Africa has a ready market and high demand for agricultural produce
Food never goes out of fashion. Currently, Africa’s population is just over one billion people. At its current growth rate, the continent’s population is expected to reach 2.2 billion by 2050. Now and in the future, Africa will always have a lot of mouths to feed.
3. Improved varieties and farm practices are changing the game across Africa
Due to advances in crop/animal science and technology, it is now possible to harvest more food per hectare than ever before in Africa’s history.
4. Agribusiness is very scalable. You can start with what you have.
Whether you own one plot of land or 10,000 hectares, agribusiness is one of few business opportunities that allow you to start on any scale. The opportunity to start small means that people with little capital can become part of Africa’s multi-billion dollar agribusiness industry.
5. Agribusiness is a huge job creator
Agribusiness is one of the most effective ways to create jobs and empower millions of Africans. So, if you’re looking to start a business or invest in an industry that makes a significant social impact, provides jobs and creates sustainable wealth, agribusiness is the way to go!
You can read more about the Africa's agribusiness on Rastafari.tv.
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