10 GUARANTEED PROFITABLE FARMING IDEAS IN AFRICA

Agribusiness is the backbone of many African countries economy. Many Africans are taking on agribusiness and applying modern technology to make it more efficient and profitable. Below are the top ten agribusiness ideas:

 

1. Dairy Farming agribusiness

Milk is always a requirement in many African kitchens especially in making tea. Most African families cannot drink tea if it does not contain milk. This shows you how important milk is in Africa. The current price of milk goes for Ksh. 35 in milk processing plants and at shop price it goes for Ksh.60.

 

2. Fish Farming

Tilapia, Catfish, Nile Perch among others, are some of the fish that farmers in Africa raise for profits. Fish farming in Africa is on demand and many supermarkets are issuing tenders for supply. Some Secondary Schools in Africa also making orders for fish during important school events. The current price of fish is Ksh. 500 per Kg. This agribusiness venture is very lucrative when it is done in the right location.

 

3. Vegetable Farming

Many vegetables in the market offer high returns in just three (3) months of planting. Onions, Capsicums, Tomatoes, Cabbages are just a few examples of vegetables that can generate you a lot of income in a short period of time. Especially if you have water and irrigation equipment you can generate a lot of money if you plant during drought seasons.

 

4. Bee Keeping

The cost of starting a bee keeping business is relatively low and the returns very high. You can start a bee keeping business in Africa with as low as 3,000 by constructing a langstroth bee hive from your local carpenter. Other things you may need are veils, bee suits and smokers (Smokers are used to control the bees during harvest to prevent them from stinging you)

 

5. Poultry Farming

Why not venture in poultry farming?. This agribusiness is huge moneymaking business. Chickens lay hundreds of eggs of every year and these eggs are always on high demand by not just Kenyans but also globally. Kienyeji chicken eggs are sold between Ksh 15- Ksh 20 while exotic birds go for Ksh 10-Ksh 20. You can also raise chickens for meat and sell them for a hefty profit. Refer to our previous article about layers and broilers for an in-depth view.

 

6. Pig Farming

Pigs are well known in Kenya for producing meat (pork) and for bringing back huge profits to the farmer. If you decide to keep pigs you will fast realize that they are very easy to maintain. You have to choose good breeds though to ensure that you get good sizes when you want to sell.

 

7. Goat and Sheep Farming

Starting a Goat or Sheep business is relatively affordable and the good thing is that they do not need a lot of maintenance. From sheep you can get wool, skins,sheep milk,mutton and manure while goats can give you milk, meat, skins and manure. If you have ever bought one (1) kg of goat or sheep meat from the butchery then you will know how expensive it is. Imagine the profits you would be making if you were selling your own goats and sheep!.  Try this agribusiness ideas and you won’t regret it.

 

8. Bull Rearing

People have been raising bulls for centuries because of their good meat. You can buy a bull for as low as Ksh 4000 and eventually sell it after one year for as much as Ksh 50,000 depending on how you have fed it.

 

9. Fresh juice production

Drinking a glass of fresh juice everyday is good for your health and everybody knows that. The health sector has been preaching this for a long time and people are starting to listen. With the increase of juice buyers, selling fresh juice has started to become a profitable agribusiness especially if you are planting the same fruits that you are selling juice from.

 

10. Animal Feed Production

With many people in Kenya venturing into dairy farming, sheep farming, pig farming among others, there is a demand for animal feeds. If you are a smart business person you will realize that if you produce your own feed (which will lower your production cost) and sell it to farmers you will generate a lot of income.