Businessafrica.net Newsletter ISSN 1563-4108
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AFRICABIZ VOL 1- ISSUE : 14
JUNE 15 - JULY 14, 2000
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Editor: Dr. Bienvenu-Magloire Quenum
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A WORD FROM THE EDITOR


Dear visitor and international investor,


We warmly welcome you, if this is your first visit to Africabiz Online - The ultimate newsletter on trading and investing in 49 sub-Saharan African countries. If you are a regular and faithful reader, welcome back.
If you are a regular and faithful reader, welcome back. We invite you to subscribe to Africabiz Rss Feed - Sample available at this link.

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
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BUSINESS OPPORTUNITIES IN AFRICA


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.

Locations of visitors to this page

- 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.
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