UCOFFEEL

Why it is the right time to invest in Africa’s Coffee

More than coffee

Why it is the right time to invest in Africa’s Coffee

Most of Africa pressing concerns such as a high un employment rate, high poverty levels and threat of starvation can be solved by investing in coffee farming, production and marketing, the opportunities available make it the right time to invest in Africa’s coffee

Ucoffeel provides services such as coffee sourcing, marketing, farmer training. manufacturing which helps solve some of the continents pressing concerns, organization can partner with Ucoffeel in these areas to solve some of the continent’s problems

Africa is home to over 1.4 billion people according to Statista (2023),it has over 54 sovereign countries

Majority of Africa’s populations works in agricultural sector with some countries such as Uganda having over 60% of its population employed in the sector according to IFAD.

The continent also has fertile soils that support Coffee farming with over 60% of its population aged 25 years and below which provides opportunities to invest in Coffee farming due to existence a young population to act as labor together with abundant fertile soils and good climate that is ideal for Coffee farming investment

Despite the continent having one the best fertile soil and climate to support Coffee farming, the continent is heavily reliant on food imports with an import bill of 55 billion USD according to world bank which has exposed the continent to inflation caused by global economic factors such as War in Ukraine and increase in fuel prices which has left millions below the poverty line and facing starvation. the continent still faces high employment rates which is over 32.7 % with poverty levels standing at 42% as of 2012.

The challenges faced by the continent such as reliance imports and together with opportunities the continent has such as a young population to act as labor, good climate and fertile soils provides an opportunity to invest in Coffee farming to take advantages of the present opportunities and solve challenges faced by the continent such as high poverty levels, starvation and high employment rates

It is estimated that the Africa’s food imports will double from 55 billion USD to over 110 billion USD per year by the end of 2030 due to projected increase in population which will further expose the continent to increased poverty and unemployment if nothing is done to take advantage of Africa’s climate, fertile soil and young population by investing Coffee farming

Investing in Coffee farming is in line with United Names Sustainable Development Goal of Zero Hunger, no poverty which can be used by organizations to boost their sustainability credentials, this can be achieved by partnering with Ucoffeel in areas such as Farmer training, building fair trade practices and sourcing coffee from farmers which will improve their livelihood