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Grains in 2024: Africa's top business ideas and opportunities

Due to high and fast-growing demand, grains take up to 50% of Africa's cultivated lands and dominate the continent's $50 billion annual food import bill. This guide explores Africa's top 5 super grains and the lucrative opportunities that lie within them.

Grains are the cornerstone of food security in Africa. Photo by Mariliz López

Grains are big business in Africa. Every year, the continent produces and imports millions of tons of grains to keep pace with growing demand.

With over 1 billion mouths to feed and a population that is set to double in size in just two decades, grains are one of the most affordable staple foods in Africa and provide a significant portion of calories and nutrients in meals across the continent.

They are also important raw materials in the production of livestock feed, cooking oils, biofuels, and alcohol.

Grains will be one of the most exciting business opportunities to watch in Africa's food and agriculture sector, projected by the United Nations to be worth $1 trillion by 2030.

If you are looking to invest in or start an agribusiness, the market insights you're about to read will surely put grains on your radar.

In this guide, we will explore the business opportunities behind the five major grain cereals and legumes that are heavily consumed in Africa.

Every year, these grains take up over 50% of cultivated land across the continent, producing roughly 200 million tons of grain for the domestic African market.

Let's meet Africa's top 5 grains and the business ideas and opportunities behind them.

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