Africans feeding Americans – it sounds like one whopper of a fish tale. Africa remains a continent of episodic starvation and chronic food shortages; tens of millions of sub-Saharan Africans are unable to reliably and consistently feed themselves. But these imbalances coexist with pockets of increasingly vibrant commercial farming throughout much of the continent.
Uganda is ground zero for a startling transformation of African agribusiness that’s spawning scores of entrepreneurial opportunities. The country boasts two growing seasons, ample rain, rich volcanic soils, and millions of small farmers eager to expand production of cash crops. Output of everything from fish to rice, vanilla to sunflower seeds, roses to potatoes is soaring. Overall, Ugandan farm output increased nearly 50 percent during the past decade.
Investors and agriculture experts from the world over are flocking to Uganda, seeking ways to ride the emerging boom in African agribusiness. Israelis are building greenhouses and setting up the latest in hydroponic irrigation systems. Indians are growing rice and sunflower seeds. South Africans and Americans have invested in cotton gins. Europeans have opened fish-processing plants. Chinese traders are buying up specialty woods, leather hides, and fish innards – a delicacy not relished by most Westerners but big in Asia.
Scouring Uganda for other food sources, Chinese officials are talking about buying a million tons of soybeans a year from Uganda and an equally gargantuan amount of cassava, a tuber the Chinese fry up and gobble the way Westerners devour french fries.
The boom is also fueled by Europe’s emerging taste for year-round and exotic fresh foods and by increases in the wholesale prices of specialty items that make it economical to fly certain goods halfway around the world on commercial airlines so American consumers can enjoy Africa’s bounty just days after harvest.
AEVIA Reveals the Source