In addition to Africa’s suitable location, the evergreen forest and climatic conditions (adequate rainfall and favourable temperatures) makes West and Central Africa a sweet spot for cocoa production. click here to get started with the course. This is likely to exponentially increase the current demand for cocoa. To avoid any losses, cocoa traders must always consider the effect of pricing on their trading business. AFRICA BUSINESS-African cocoa a golden ticket for Tanzania chocolate factory. There are certain factors to consider when starting a cocoa farm which includes; A large expanse of good land with the appropriate climate conditions and with a good steady rainfall supply. The reality is clear; the retailers and supermarkets are the big winners. What do you think about this business opportunity? The Criollos: It is considered the finest and most luxurious of cocoas, a breed that is more susceptible to pests and fungal diseases, and has smaller yields when compared to other cocoa breeds. How to Make Money With Coffee Concessions. These products include cocoa butter, cocoa powder, cocoa liquor to mention a few. ... We all know how the economy is today; many want to investment in a genuine business in order to make money and enjoy their life. But if they are planted at the same time as the cocoa trees, they do not protect the young cocoa trees well enough and they take nourishment out of the soil. Cultivation is a delicate process and trees are sensitive to changing weather conditions such as excessive rain or drought which negatively affects yield per hectare. After cocoa seeds are planted, it usually takes between three and five years to yield the first crop. In spite of the fact that Africa supplies up to 70 percent of the cocoa beans that are used to make chocolate, very little of this sweet-tasting product is consumed on our continent. The largest producing … The largest cost element in both establishing and maintaining a plantation is labor. The world's cocoa supply -- the raw ingredient used to make chocolate -- is rapidly diminishing, while world demand for chocolate is at an all-time high. And by the way, if you enjoyed reading this article and you’re thinking of raising capital to start or grow your business, you’ll love my amazing and life-changing FREE course. 2. It is one of the most sought after commodity in the world and the pressure is climbing even higher. Most times you need a lot of cash to invest, and that's why we brought this business to you, where you can invest with little money and make … Please there is the need for on update on the varieties of cocoa in Nigeria, Cocoa research institute of Nigeria has 8 new high yielding, disease resistant and climate tolerant varieties which have the capacity to begin fruiting under good agricultural practices from 18 month! After the pods ripen, they are harvested and cut open to extract the valuable cocoa beans. Cocoa passes through a number of interesting stages from the farms where they are cultivated and harvested, to the big manufacturing plants that use them to manufacture chocolate and beverages. Beans are taken from pods within 15 days of harvest and are planted, adhering to the soil and climatic conditions required. Copyright 2013-2030 Smallstarter Africa | All Rights Reserved | Powered by, Cocoa Production – How African Entrepreneurs Can Tap Into the Huge Global Market for Chocolate Products, http://www.icco.org/about-cocoa/growing-cocoa.html. In addition to the countries in the region that are yet to exploit the potentials of cocoa, there are also countries like Nigeria and Cameroon that are under-utilizing their potentials for cocoa. I would also appreciate that you share this article with your friends using the Facebook, Twitter and Google+ buttons below. Cocoa beverages are heavily consumed (especially by growing children and young adults) in developing regions of the world like Africa. Most cocoa farmers own warehouses to give the cocoa seeds the safekeeping needed, and this store needs to have enough space outdoors to spread and dry the seeds. Statistics show that people develop a taste and appetite for impulse and luxury products as their incomes increase. Production Of Animal feed: The dried cocoa pod husk is used as an animal feed in Nigeria, Africa, and many other parts of the world. Let’s take a look at three of them…, 1. Reselling businesses in Ghana. These beans are the goldmine of the cocoa plant because they are processed into cocoa liquor, cocoa butter, cocoa powder, and most popularly, chocolate! For example, in the West African country of Cote D’Ivoire (Ivory Coast) which is the world’s biggest cocoa producer, many of the farmers who produce the cocoa beans have never tasted chocolate before. Cocoa bean … Outside this belt, cocoa trees may find it impossible to grow. Cargill calls its program the Cocoa Promise. The animal feed is produced by first slicing the fresh cocoa husks into small flakes and then partially drying the flakes, followed by mincing and pelleting and drying of the pellets. Addam Vessa tells TPH about how Pinellas Chocolate sources their cocoa beans. There are over 25 countries in the West and Central Africa region which, by virtue of their location, have a significant advantage to make money from the international cocoa business. Cocoa export business is just one of the several choices that businessmen can pursue. Internationally traded and export grade cocoa usually have specific requirements and high quality standards. Looking for an export business idea?. Whether you’re hunting for good business opportunities, trying to start a business, looking to raise capital, eager to make more sales and grow your business, or desperate to structure your business and hire capable people, you’ve come to the right place. The cocoa market is reportedly worth more than $2.1 billion; The top cocoa producers are West African and Latin American countries; The price of cocoa is moved by factors such as the climate, labour issues and geopolitics; The cocoa market offers the opportunity to make a profit on both rising and falling prices The Cocoa Exchange is a MLM company that offers the opportunity to sell chocolate and earn an income in the process. I will love to invest into cocoa and plantain cultivation. Most countries have two periods of peak production per year: A main harvest, and a smaller harvest. It usually ranges in height between four and eight meters. Through his signature training courses and private programs, he has worked with hundreds of African entrepreneurs and business owners to overcome serious challenges with starting, growing, or turning around their businesses. 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This will ensure that the direct heat of the sun is not borne by the cocoa pods. I strongly recommend you read the full details of this program by following this link: Fairtrade and Cocoa. This business involves selling other people’s services or products at higher cost. Cocoa farming has more advantages than drawbacks, but the responsibility still rests on the cocoa farmer to make a success of his farm. To learn more about how we can help you start, build or grow your business, click here to get started. Although Western Europe remains the world’s largest chocolate market, the United States consumes more chocolate than any other country in the world. MyFarmbase is an agri-tech social enterprise that leverages technology for research, advocacy and sustainable agriculture development, Subscribe to be notified of latest agric opportunities. He was named by LinkedIn as one of the Top Global Voices on Startups & Entrepreneurship. I go with 2 tablespoons of sugar for 1 tablespoon of cocoa. As a result, there is a lot of experienced labour in the region who have accumulated extensive knowledge about the cocoa business over the years. It is also the most expensive breed. In West and Central Africa – especially Ivory Coast, Ghana, Nigeria and Cameroon – some 2 million small-scale farmers are responsible for more than 70 per cent of all the cocoa produced in the world today. Seeding: Here, the cocoa tree is raised primarily from seeds. If you would like to enter the cocoa business, you must first decide the role you want to play in the cocoa value chain. Easy Way To Make Money in Nigeria From Cocoa Powder Business Written by yemi4hits If you picture yourself creating additional source (multiple source) of income, with the view to earn more earnings that will enable you cater for the rising cost of your needs, sit back and relax as I expose you to a very “HOT” … The Forasteros: This is a very robust and hardy breed of cocoa, a breed that accounts for more than eighty per cent of global cocoa cultivation. However, adding too much sugar can quickly make hot cocoa unhealthy. We would like to work with you on a major development supply project in South Sudan. Being ready to go the extra mile, continually learning the best practices in order to take advantage of modern scientific breakthroughs and business knowledge to run the business successfully. Knowledge: You might not see someone who’ll pay you for gaining knowledge from them, but whatever the case may be. In complying with these standards in the propagation of cocoa crops, the business could turn into a big success. Today, chocolate is a highly demanded luxury product and an impulsive treat for millions of people around the world. The international price of cocoa beans is currently rising in response to high demand for cocoa products as the industry wakes up to a potential long-term shortfall in global supply.
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