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Africabiz Online's editorial team continues its
relentless effort to promoting profit making business opportunities in sub-Saharan African, as shown by the opportunity of the month as per following link
Last
month, we also released a scheme drafted for the Republic of Benin:
"Strategy for African Countries" which can be adapted to the
economic development situation of any sub-Saharan African nation . A
discussion about said strategy is opened here
You are invited to contribute to the debate. The more we are to propose solutions,
the better for the economic development of the Continent.
Many thanks for dropping by and see you here next month.
Dr. B.M. Quenum
Editor
of AFRICABIZ
Click here to get email address
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Still on AFRICABIZ
promotional board is the vegetable oil production factory
in Benin to produce mainly
Shea Butter and the cosmetic
product (with outstanding ROI) based on shea butter.
THE
BLUE GOLD
In this issue we are bringing
forward another profit making opportunity: aqua culture of prawns and fish.
Fish is a common diet in Africa; the local production - from sea, rivers
and lakes fishing - is no sufficient to cover demands and huge quantities of fish
- frozen, dried, smoked, salted - are imported by most sub-Saharan African countries
particularly the landlocked ones.
Some African countries with coastline
are involved in prawns harvesting and exporting to Europe and Southeast Asia.
However all over the whole Africa continent, there is no aqua culture
business organized on an industrialist basis to produce fish, shrimps and prawns
for local consumption and for exportation. This is really astonishing when
one knows that aqua culture - if well planned and organized - is a cash crop industry
which offers very high return in a very short span of time.
There are
three kinds of aqua culture farming: intensive, semi-intensive and extensive.
For instance, semi extensive aqua culture farming for prawns is the widely
spread method which yields up to 2.5 to 3 metric tons of prawns per harvesting
cycle (which is 4/5 months) per hectare of farming-pond; with a selling price
per ton of US $ 10,000 (actual prevailing rates) you can see easily that this
is another business opportunity not to be missed! It is nicknamed: "THE
BLUE GOLD".
The following table gives an idea about such
an investment in tiger prawn farming:
|
Prawn Farming On a 100 Hectares Compound
|
| Investment - US $ |
| |
| 6,850,000 |
| Yields - tons |
150 |
300 |
500 |
metric tons |
| Turnover |
1,500,000 |
3,000,000 |
5,000,000 |
US $ |
| Direct cost of
sales |
300,000 |
600,000 |
1,000,000 |
US $ |
| Operating costs |
150,000 |
300,000 |
500,000 |
US $ |
| Interest + taxes |
700,000 |
700,000 |
700,000 |
US $ |
| Net profit |
350,000 |
1,400,000 |
2,800,000 |
US $ |
One
can see that the time for earning back the initial investment is 2 / 3 years if
the project is professionally implemented to reach the maximum yield of 500 metric
tons output per year.
- Interested parties - private African and international investors /
companies, government
agencies,
international development
agencies - to make contact through the Free Access Support Console available at this link
Contact through the support console will get quickest reply from Africabiz Online's staff, than contact by emails. Click here for contact information. Be advised that first contact should be through the support console to be followed by phone calls. If you are a VIP-Member, use VIP-Members Support Console available here.
Before you consult please click
here to review this clarification
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