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.

By Jaco Maritz.

Full story at HowwemadeitinAfrica.