Kenyan’s full potential in agribusiness remains untapped to an extent. Challenges that agriprenuers face include middlemen, weather and climate change, and low investment in the sector contribute much to what impedes the sector’s full potential.
Both the private and the public sectors should invest heavily in this wonderful sector, and the government shouldn’t be left behind. It’s disheartening that lending institutions such as banks easily give loans to real-estate investors yet find it hard to offer the same services to farmers, fearing the risks involved yet every undertaking has risks.
Other challenges include, poor quality farming inputs as well as pests and diseases that hamper farming. In order to cut middlemen, farmers should form saccos and cooperative societies through which they can market their produce without exploitation from middlemen and easy purchase of raw materials and farm inputs.
How to Cushion yourself from climate change?
Over reliance on the natural rain is a key in heightening the adverse effects of climate change on agribusiness and agriculture.
Reliance on rain-fed farming is key in heightening the adverse effects of climate change on agriculture and agribusiness. Investors in the sector should spend on modern innovative methods of farming such as using greenhouses, different forms of water-efficient irrigation, and artificial weather-controlled environment farming, among others.
Lets take for instance 2018 long rains, the rains were too much that Kenya even experienced flooding in some areas, in such days, farmers can collect water and store in dams, ponds, tanks and other similar water storage facilities. This always comes handy in dry season when they need the water for their crops and other uses in the farm.
Benefits of investing in agribusiness
In agribusiness, you can as much as a million if you do it right. A tiny country like Netherlands feeds its population and still remains the second largest exporter of agricultural and horticulture produces. Such an economy obviously has the benefits trickling down to farmers, which makes them rich. Agribusiness essentially is a rewarding sector.
Best Agribusinesses to engage in, in Kenya
First of all, youth should be attracted to farming and agribusiness. Greenhouse farming is among the best to start with. Crops such as pepper, capsicum and tomatoes, among others, are good to start with. Bamboo farming is another good venture to invest in as the plant is versatile and never lacks markets. Pig keeping is yet another important project which youth can invest in.
Pig farming is another lucrative business to think about. For instance, Netherlands, a small country with a population of about 17 million people, has up to 10 million pigs, showing how important pig-keeping is important to the country’s economy.
Then there is hass avocado farming, which is among the most productive ventures globally at the moment. At Oxfarm we have a package that guarantees you money through hass avocado farming.