Skip to main content

SOME PEOPLE ARE MAKING SERIOUS MONEY FROM MAGGOTS

AgriProtein (South Africa)

Anything can be turned into a profitable business in Africa, including maggots.

Yes, maggots!

AgriProtein is a young business that is doing something very remarkable that could totally change the animal feed industry.

The company is breeding billions of flies on a farm to lay eggs and produce maggots. These maggots are fed on organic waste material (such as human and animal waste, leftover food from restaurants and blood from local abattoirs).

After the maggots feed on the waste, they are washed, dried and grounded to produce a product that is high in protein and used for feeding chickens, fish and pigs.

AgriProtein’s maggot-based animal feed is more than 15 percent cheaper than other alternatives and has been proven to be highly nutritious for livestock.

The company recently attracted more than $10 million in capital to build more fly farms in South Africa. In fact, the German government has offered AgriProtein one million Euros to set up a plant in Germany.

Comments

Popular posts from this blog

How to Make Money Selling Goods on Jumia

Regardless of what you sell in real life, the truth is anyone can sell anything online. It’s even more interesting when you discovered that you can sell your product on Konga or Jumia. For the business tycoon, business women/men and to those who are wondering where to sell your products, Konga and Jumia has made available a platform to display your product to millions of customers on their site. You don't have to be an internet guru to do this: Today, let's get the details on Jumia Sellers Program..... Jumia Sellers Program: Jumia Nigeria offers an online platform for individuals and companies to sell their goods, although many people are unaware of this, Jumia itself just like most ecommerce websites sells only very few goods, majority of the goods are sold by traders registered by Jumia who then pay a percentage of their sales to Jumia known as commision which is currently from 3 – 15% of the selling price of any product. Jumia have more than 3 million visitors e...

Signs you are ready for entrepreneurship

You have brilliant ideas for a new business plan on something you have always been passionate about. After considering all the possibilities and challenges you might have to face in the future, finally you decide to leave your day job and swerve your way into a full-time entrepreneur. From managing financial plan, designing the product and testing the prototype, to testing the potential market, you have prepared everything carefully. But then you start questioning yourself, are you really ready to launch your business? Starting a startup can be an exhilarating experience that will not only drain your energy, time, and money, but also your emotions. As a newbie in the entrepreneurial world, you will more likely feel worried about the future of business you are about to introduce. The equal chances of gaining phenomenal success or total failure often leads to a feeling of doubt and uncertainty about the path you choose. While you might have prepared a detailed and thorough product design...

Networking Tips for Every Entrepreneur

Networking is one of the lifeblood of maintaining long-term and valuable relationships. No matter whom you are or what stage you are in life, networking is the one skill that every entrepreneur needs to master. Whether it’s learning or making potential business alliances, networking is the social catalyst for success.  The art of networking is not just at the start of creation, but in establishing and sustaining a mutually beneficial relationship in the long-run. The best networking process comes from establishing genuine and sincere connections rather than exchanging business cards and business pleasantries. Below are some of the tips on becoming a “Powerful networker” 1. Attend Community Events Get to identify and attend events within your ecosystem that are relevant to your field. Startup events are spread out around the nation. Lagos, Abuja and Port Harcourt are some of the main cities that host the most entrepreneur focussed events in Nigeria. It is also very important to rese...