The are many simple and profitable agricultural business ideas in Africa. Many people have found these business opportunities, and they are making a tremendous amount of money from agriculture.
Success in the agricultural sector doesn’t come easy. Not because it is so difficult to spot that business idea that will fetch you the money you need. However, because most farmers or entrepreneurs, they don’t have the patience to pursue their vision.
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Agriculture Is A Lifestyle
You should not just do farming, live it.
This is because farming is not just an occupation, it is a way of life.
Thomas Jefferson crafted it better in his presentation:
Agriculture is our wisest pursuit because it will, in the end, contribute most to real wealth, good morals, and happiness.
To you who want to invest in agriculture, sit back, plan, and ask yourself simple but very relevant questions.
What are the best business ideas in agriculture? What are the best business opportunities in agriculture for cities and rural areas? In what business can I start in the agriculture industry and be successful? Which of these businesses do I have the passion for?
Back to the business of the day.
Agriculture is an activity that has been with us since creation. It is one of the oldest activities that has sustained our lives and is the basis of the economy of many countries.
That is why despite many years of technological advances many countries continue to sow and harvest as they did it centuries ago.
They are trying very hard to preserve everything in the agricultural sector.
How Do You Start Agriculture Business In Africa
Did you know that agriculture is the most lucrative business in the world?
Apart from the low cost of the start-up and its operation, agricultural businesses offer huge benefits of up to 100%.
With the increase in unemployment, young people, and even successful entrepreneurs are now adopting agriculture, which was once considered a dirty business reserved only for the poor.
And here is the good part:
You can start most of the agricultural business ideas with little or no training.
You do not need a particular degree to do farming in Africa. However, it would be best if you spent some time learning about the dynamics of the business.
So without wasting time, this article will emphasize details, some of the most lucrative business ideas and opportunities that you can participate in cities or towns instead of remaining unemployed.
Or do you prefer to be unemployed?
I know you don’t.
With time, new ways of keeping up with agriculture have emerged and have made it even more profitable.
Here Are The Best Agriculture Business Ideas In Africa For Successful Entrepreneurs
No matter what your initial capital is, you can take advantage of the numerous agricultural business ideas outlined in this article.
Moreover, you will learn not only the businesses related to agriculture or the field in which you can invest. Also, you need to develop some ideas to go about it to be successful.
Now, these are the list of agriculture business ideas in Africa for smart entrepreneurs;
1. Vegetable Business In Africa
It is one of the main activities carried out by farmers. This is because of its high profitability and simplicity depending on what you plant and sell.
Usually, what you need is a suitable land to grow your vegetables.
In fact, you will appreciate the vegetable business idea when you actually start it.
While it is true that before you dedicate yourself to this business, you must have at least some essential knowledge about how to plant, maintain and harvest your vegetables.
There is also a myriad of free information on the internet that will surely guide you should you run into any difficulty.
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2. Fish Farming Business
Over the years, a good number of entrepreneurs have made fortunes from the fish farming business. Food is always in high demand in any country, and that is where you, as an entrepreneur, need to grab the opportunity.
Fishing is an excellent agriculture business ideas in Africa that most people start with little capital.
According to the Food and Agriculture Organization of the United Nations, aquaculture continues to grow faster than other major food production sectors.
From 2001 to 2016, fish farming recorded an annual growth rate of 5.8 percent.
The official report also hinted that over 59.6 million people are actively engaged in fisheries and aquaculture in 2016 with Asia and Africa leading.
A recent study by the International Food Policy Research Institute (IFPRI) indicates that Ghana’s tilapia farming business has witnessed an increased growth in production. This has led to an improved income for the fishing industry and nutritious animal protein for consumers.
Even with that, Ghana’s current tilapia consumption is over 1 million tonnes annually with 40% being locally produced and 60% imports.
This creates a tremendous business opportunity for African entrepreneurs.
As an entrepreneur who loves aquaculture, you need to know how to start fish farming.
More and more people are craving for fish for their protein and are low in cholesterol.
All you need to do is get a space, buy or build reservoirs, buy fingerlings for between $5 to $10 and feed them for 4 to 6 months.
You can sell the fish at a very profitable amount depending on weight and size.
The fish farming business has a lot to do when deciding which species to breed. You can choose to specialize in catfish, tilapia, trout, salmon, etc.
3. Rabbit farming Business
Rabbit farming is another lucrative farming business idea in Africa.
As far as I know, no law prohibits the rearing of rabbits in any country. In Africa, a backyard rabbit business serves as a good source of additional income, food, and employment.
This reduces poverty, hunger, and idleness. Rabbits don’t compete with humans for food, eat leftovers, and herbs.
Implementing the rabbit breeding business does not require much capital for investment and maintenance. Since little space is needed, most rabbits could be kept in the yard or abandoned sheds.
4. Sale Of Fresh Fruits
This is similar to that of the vegetable business, but in this case, we will focus on fresh fruits. Here is the pro tip, you need to start with the type of fruit that grows in almost any environment.
You can also decide to sell the by-products of the fruits. This will allow you to get more out of your fruit business.
For sure, you will have the support of your customers, as more people show interest in totally natural products.
However, its price is slightly higher than those made with artificial flavors because it is made of fresh and natural fruits.
5. Peanut Processing Business Idea In Africa
The peanut processing is another profitable business idea in Africa and even other countries such as India, China, etc.
Peanut is a favorite snack that is loved by many people. You can take a trip to a nearby supermarket, and you will see the brand-name bottled peanuts and packaged extravagantly.
Minimal effort goes into frying and packing peanuts for sale and distribution. With as low as $ 200, you can start your own peanut processing and business packaging.
And, of course, you can do it from the comfort of your home. If you can start your own peanut farm, you will get access to cheap peanuts.
However, if you do not have a space for growing peanuts, you can still get cheap peanuts raw from the agricultural markets.
6. Leasing of Agricultural Equipment
With the increasing number of people patronizing the agricultural business, you can make money from leasing farm equipment. These include tractors, plows, sprayers, harvesters and irrigation machines to farmers.
7. Cultivation of Flowers or Ornamental Plants
Ornamental plant business is another good business idea for young entrepreneurs in Africa.
Flowers are elements that are present in special moments such as celebrations or just as part of the decoration.
That is why ornamental plants are more lucrative and at the same time fun. So you can grow them and market them to get money.
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8. Small-Scale Dairy Business
People love dairy products both for their unique flavor and nutritional value. As an entrepreneur, you can take advantage of this opportunity by making cheese, cream or butter from the dairy products.
Trust me; dairy production is an excellent business idea for those who have a passion for this kind of venture.
9. Poultry Business In Africa
This is another lucrative agriculture business ideas in Africa.
The poultry business started as backyard farming, But now, with the introduction of new technologies, it is the fastest growing farming business.
But what is poultry?
People usually think of poultry farming as raising chicken.
I know you also thought as much.
In reality, poultry farming includes all domesticated birds such as ducks, turkey, geese, chicken, etc.
Is poultry farming a profitable business in Africa?
Chicken is, undoubtedly, one of the most consumes meat all over the world. Its exquisite taste and easy preparation make it an ideal choice for any family meal.
Poultry farming is an easy business idea in Africa most successful entrepreneurs are turning their attention to, and they are making real money.
Currently, there are poultry farms that are exclusively dedicated to taking care of hundreds and even thousands of chickens and other domestic birds.
They are mostly sold to food companies that are committed to preparing and distributing them for consumption.
Don’t worry about how much it cost to start a poultry business. Though some poultry farms can cost quite a fortune, it all depends on the size of the farm.
You will need a small amount of money to start if, for example, you are starting with about 100 chicken.
This is a business that you can start from a room, parking lot or that abandoned property near you. Also, with 50 to 500 birds, which cost between $100 to $500 depending on the cash in hand, you can start a decent poultry farm.
Generally, large roofed spaces are needed. That have the necessary characteristics for their upbringing since chickens when they are raised in mass need specific care.
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10. Production of Frozen Chicken
Many Nigerians and for that matter, Africans have come to depend on the import of frozen chicken for a while and now. Many people prefer not to go through the stress of killing and preparing live birds.
Because frozen chicken can be easily stored and used at will, it saves time. Moreover, many people think it’s cheap in countries like Nigeria, India, and many other places.
This makes frozen chicken a profitable business in Nigeria and many other African countries.
But how do you start this business?
The demand for these frozen foods is always on the rise. If you are in the village or the rural areas, then your main concern should be a constant power supply.
However, the erratic power situation in Africa makes this even a serious concern in the cities or urban areas.
Start-up requirement for the frozen chicken business is space, knives, tables, sinks, weighing scales, kitchen heater, soap, hand towel, extra hands, freezer, and a generator.
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11. Beekeeping and Honey business in Africa
Honey is manufactured in one of the most efficient factories in the world, the Beehive.
Bees can travel as far as 55,000 miles and visit more than two million flowers to gather enough nectar to make only one pound of honey.
Is beekeeping a profitable business?
The simple answer is Yes!
Although it is not the first option for some, raising bees for production and packaging of natural honey is a gold mine.
It is a very lucrative business idea in Africa, and the serious farmers are making huge money out of it.
For most entrepreneurs in Africa, honey is money. They make a lot of profit.
A liter of pure honey now goes for between $10 to $20. You can sell your honey to high net worth individual, busy executives who prefer to take pure honey than sugar
The market is invaded by products that call themselves pure honey, but in reality, it is honey mixed with sugar.
This compels more people to turn directly to beekeepers, regardless of whether their price is higher than other variants in the market.
12. Dry fruits and Nuts Business In Africa
This is a new agriculture business idea in most African countries. That notwithstanding, those entrepreneurs who have started it are making much money.
There is a vast market for these fruits and seeds (almonds, nuts, peanuts, etc.). They are used by many food industries and also for daily consumption.
This is because of their high nutritional value. Because they are processed in this way, their lifetime is prolonged.
13. Start Selling Fresh Fruits
There are many fruit business ideas in Africa. It is similar to that of the vegetable business.
Without a doubt, this is a business where you can make money because many people love to eat fresh fruits. Some people even prefer that it serves cold.
So, if you have a blender and an extractor, you can make a lot of money. There is a large number of people tired of artificial juices in the market.
Also, people are willing to pay as long as they can get quality fruits.
It is essential to have a good business plan for the fruits you want to sell. This is because many people are utilizing the fruit business idea to their advantage.
Moreover, it will take proper marketing strategies for you to excel in the business.
14. Urban Agriculture In Africa
To have a garden like this, it is not necessary to have ample space. Since with the backyard garden, is usually more than enough to sustain some families in Africa.
It is also called urban gardening or urban farming.
The urban agriculture is the means of planting and distributing agricultural products (food) in and around urban areas. This is a common practice in many African countries where agriculture is predominant.
It can also involve aquaculture, beekeeping, livestock, and horticulture. Urban agriculture contributes to food security and food safety in two ways.
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15. Agricultural Consulting As A Business Idea
You can be a fish farm consultant and help farmers who need your services to start their fish farming.
Are you an agronomist or someone with a lot of experience in agricultural business? Why not take advantage of all the knowledge you have providing agribusiness consultancy.
You can advise people interested in setting up a farming business or who want to grow crops for their own consumption.
16. Agriculture Blog
Blogging about agriculture is another untapped business idea in Africa.
This is a way to share everything you know in the digital world. Because agriculture is broad, you can choose a specific topic and start generating quality content for blog subscribers and even provide online counseling services.
17. Agricultural Marketing
The problem of many agricultural producers especially in Africa is that they do not have adequate plans and strategies to sell their products in the best way. That is why it is essential to have proper marketing resources.
This includes not only offline strategies but also online ones because in this digital age it never hurts to have a presence on social networks and a website for business.
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18. Snail Farming Business In Africa
According to some entrepreneurs, snail rearing is one of the best and profitable businesses in Africa.
The snail meat is a healthy and nutritious delicacy. In these days of greater coronary implications and other health consequences, snail producers are sure to hit the big time.
This is because many people are moving away from beef or red meat. It is also nice to keep in mind that the joint snail production could be given the shot with a little initial capital.
The best period to start snail farming is the rainy season, and you can start around 50 to 60 snails. It is better to buy the large ones so that you can expect them to hatch after about 35 days at the location.
Now, you have seen the various agriculture business ideas in Africa and the ways you can take advantage of these business opportunities. It is time to sit back and design your business plan for whatever business idea you choose.
If you are having difficulty starting your business, read this guide.
As an entrepreneur, I urge you to remain calm in your endeavor. Success will definitely come, but not overnight.
I acknowledge that the Agriculture business opportunities in Africa are endless. If you have any profitable business ideas for entrepreneurs in Africa, please share them in the comment section. I will not hesitate to add them to the above-listed business ideas.
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