General

Food and Agriculture

Food and Agriculture

No one can survive on earth without food. Among the basic necessities of life- food comes first. The basic necessities of life are food, clothing and shelter. No mater how much a man has, he must feed. Hence investing in agriculture is investing in food production. The investor will never loose. This is because whether we like it or not we will eat. Investment in other sector might fail but not in agriculture.

Agricultural products are for domestic and industrial use. Many countries in the world like India, China, America, Thailand etc, earn their major revenue from agriculture. Over 50% of the population is directly or indirectly employed in agricultural industries.

The world is seriously waiting and looking for aggressive investors in this sector. The rate at which many young people are avoiding working in farms is alarming. If this trend continues, a time will come when the world will suffer great food crises.

There are various arm of this sector one can invest in wisely. But for the sake of this article I will concentrate on cassava production and processing. Cassava was discovered in Brazil and brought to Africa by the Portuguese. It later became the most stable crop and food in West African sub region. Many products are got from cassava namely: garri, fufu, tapioca, floor, chips, pellets, foliage, starch, etc. latterly, it was discovered that cassava can be as a substitute to cereal for feed production for livestock. All the livestock feed can be produced using using cassava as the main source of carbohydrate and fiber.

Cassava has very high content of starch and serve as raw material in the following industries. Brewery, pharmaceutical, textile, feed mills, etc industries for production of alcohol, starch, glucose, etc.

Nigeria is the highest producer of cassava in the world, while Chain utilizes it well to produce many other products.

Invest in cassava now and enjoy a great reward tomorrow.