₦airaland Forum

Cereals is for fools like you, TZ and Nigeria
Kenya is going for high value crops - fruits, nuts, vegies.
We will happily import rice,maize, wheat. Plant them.
In fact we are starting GMO growing of those useless cereals.
Our focus is on high value crops like Avacados - with potential to grow export to more than 10B dollars (more than your GOLD)

Just40:
in Ghana with what?

To be in Ghana, you have to bring cereals, that which you don't have

China's ZJCC behind Nairobi GTO start construction 1870 - just behind Sarit Center Westland

https://www.youtube.com/watch?v=5jsvfYNo63g870 West | Set to be Westlands' crown jewel

Construction began on 27th August 2022 with the contractors, Zhejiang Chengjian Construction Group Co. Ltd. ZJCC, now established on site.

List of countries by avocado � production in tonnes per year:

Mexico �� - 1,889,354
Dominican Republic �� - 601,349
Peru ��- 455,394
Colombia ��- 309,431
Indonesia ��- 304,938
Brazil �� - 195,492
Kenya ��- 176,045
USA �� - 172,630
Chile ��- 137,365
China ��- 122,942

With AFCTA - they will start getting proper tea from Kenya.
150M dollars - growing very fast - China has allowed Kenya avacados.
Avacado market is 15B dollars worth.
Kenya will soon overtake likes of Mexico
We consume a lot of avacados internally - but now it's big business - I just planted 10 acres.
Africa Facts Zone
@AfricaFactsZone
·
Aug 20
Kenya becomes the first African country to export avocados to China.

Kenya is the largest exporter of avocados in Africa, and the world's third largest producer of avocados.

China is the second largest destination for African agricultural exports.

AfriqueDuZuid:
They not getting tea from kenya

By the way back to the avocado export in dollar terms?

We are soon hitting 1billion dollars in textile & apparel alone.

Kenya is a large beneficiary of the US duty free trade program AGOA, currently we export over $500m under this trade agreement.

GeneralDae:
Clown .

The best tea is Rwanda and Kenya - handpicked high quality - the rest including what you buy - is blended dust. When we eventually get you the real tea - you'll love it

If we build our value chain - to China level - where some teas are sold for even 1,000 dollars for few grams - we can lift a million people out of poverty.

Oil will not give you that depth of value chain.

samorobo:
Yes we drink Lipton but in comparison to hot choco,you are wasting your time. The gap is freaking wide. I bet we take more herbal tea than Lipton. Plus we are drink tea from Europe whose leave was sourced from Kenya. You are not getting profit off the full value chain,they are.

-The Mombasa Tea Auction is considered one the world’s largest black tea auctions for export. Each week, teas worth over $20 million are traded from Kenya, Uganda, Tanzania, Rwanda, Burundi, DRC, Malawi, Madagascar, Mozambique and Ethiopia

GeneralDae:
Yeah, what finished manufactured products do you export from Kenya?

Maybe you dont even deserve our tea. We can sell at premium. You call it English breakfast

samorobo:
Pray you survive there. Nigeria is a tough terrain,you can’t survive here. You would loose your shirt before the official opening.

We are already in Ghana. Let see.

samorobo:
Good you said it yourself “roots “ - half the tea we drink are for medicinal purposes (herbs) otherwise you are on your own. We’d opt in for hot chocolate any day over your worthless tea. The weather is already hot here,no need to add to buy drink hot leave.


And yes $1.6bn for tea where of of it it taken as herb is not something monumental. You would loose your shirt if you step into this region.


Put it straight,you can’t hack. No one is interested in it.

Finished manufactured products.

GeneralDae:
What are those finished products? Don't hide behind the tails of that one .

We are borrowing less and less. We cannot stop borrowing. We cannot beg IMF like you're doing.

These are the measures
1) We are cutting 3 billion dollars from current budget
2) We will foat local dollar denominated loan
3) We will sell six SOES through public listing or and IPO.

We then avoid IMF straitjacket - that is about to ensare Ghana into a 5-10 yr embrace - with a raft of chemo and radiotherapy

Just40:
borrowing more only makes Kenya disaster worse

That is the question

SUFFERInSMILIIN:
How come Kenya exports more finish product than Nigeria. The only export from Nigeria is oil.

You sound violent. Is your generator or parambulator refusing to start. Northern Nigeria aka muslims drink tea - from sudan. We want them to drink best tea from kenya. You can continue drinking bitter roots.

And 1.6B is a lot of money in agri sector. The multiplier effect is nothing compared to OIL (which benefits Dangote alone). 1.6B spread to 600,000 farmers has huge impact on rural poverty.

samorobo:
Nonsense,Nigeria doesn’t drink that much tea. The fact that the entire west African region which is probably the most populated on the continent has that paltry figure of $1.6bn is enough to tell you that your tea is worthless to us. You are wasting your time,there is no market for you here.

So no export. Basically everything internal except for Dangote.

obaaderemi:
Don't be silly. It's not about export alone. Nigeria's internal market is huge. Look at the top 10 companies on our stock exchange. At least 4 of them are manufacturing companies, in fact the first one is a manufacturing company.

Can we see the first 10 companies on the Nairobi stock exchange and how many of them are manufacturing companies and their market capitalization?

Dangote Cement, BUA cement, BUA foods and Nestle Foods.

West Africa Tea Market Size, Share & Growthhttps://www.alliedmarketresearch.com › west-africa-tea-...
The West Africa tea market size was valued at $1.6 billion in 2019, and is projected to reach $2.6 billion by 2027, registering a CAGR of 8.5% from 2021.

I checked few days ago - and I see Nigeria imports lots of tea - from Sudan, egypt and name it.

All those countries buy Kenya bulk tea - pack it - and send it to West Africa - making more money than us.

With Ruto on board - we want to double farmers earning - by going directly to suc markets.

AfriqueDuZuid:
not in west Africa

Ghana should take lessons before they default.
>>President Ruto's hinting at the issuance of a domestic dollar denominated bond. Looks like GOK has finally realised just how much is being held in dollar denominated accounts locally (foreign currency deposits at Kes 904 billion as at July) & wishes to tap into this pot

Focus on the value-chain - not long useless excitment - that is all Dangote will get - about 1-2B dollars from refining crude. Anything else is ignorancy. Opportunity Cost of not exporting - is equal to the forex- you'll "save".

GeneralDae:
No. But at least everything is now within our control. We can do as we like, that is more important to me.

Four days ago....

Square Pharmaceuticals of Bangladesh is pumping $74 million into a new manufacturing facility in Kenya as Africa continues to attract more production interest.

Square expects the plant will produce more than 2 billion tablets and capsules annually when it opens early next year, making it the largest pharma manufacturing operation in East and Central Africa, the publication allAfrica reported. The facility, located on a 15-acre site near Nairobi, will produce malarial and diabetes drugs as well as other unspecified medicines.

The plant is slated to be operational by early next year and generate about 500 jobs for skilled and unskilled workers.

"Square's investment to Kenya has come with a potential to transform a pharmaceutical import dependent country to a net exporter of pharmaceuticals soon," Tapan Chowdhury, managing director of Square, told allAfrica.

samorobo:
Kenya in that mix is a joke. You manufacture nothing - like absolutely nothing.
Pls stick to tourism and stop embarrassing yourself.

So NNPC will forfeit world market prize to sell Dangote at sweatheart prize?

GeneralDae:
Even if he buys in dollars that would be NNPC buying in dollars from Dangote within Nigeria and not international oil firms.
Rest. Your arguements on this have not been stable.

Dangote will sell at sweatheart price?

GeneralDae:
Nigeria importing at world market price and then additionally paying subsidy on the imports.

Nobody has yet to see Made In Nigeria outside Nigeria. Maybe youre busy internally with generators. Otherwise - African trade remains centred on the three countries that have an appreciable manufacturing base — South Africa, Kenya and Egypt.

obaaderemi:
Nigeria is already more industrialized than Tanzania and Kenya.

How is fuel susbidy linked to this?

GeneralDae:
Plus 12 billion dollars on subsidy that is always rising.

samorobo:
Wipe your tears, dangote refinery is a fortune about to be unlocked.
For starters we are not competing for drilling allocated or limited national amount of raw crude for export but we are competing on the international space for sell refined oil with other big oil companies.

And yes it’s will provide 250,000 jobs for nigerians and not Indians. Stop saying stupid things to feel better about your self and your zoo. At this point you can’t even hide how envious abd pessimistic you are.

Once it completed it’s over for the Continent,you will be lucky to see our trails - we are zooming off with unimaginable speed. Pls stay scared. Thanks

14 percent of 11B in 2016 is what I see

Just40:
Take er

https://www.ceicdata.com/en/ghana/exports/gh-exports--of-goods-exports-manufactures

I know you like to make empty noise but not everything is about noise... Crazy boy

Always mad cow put the source

Just40:
The data says otherwise
Ghana manufacturing sector is bigger than yours ... It was less focused on export 15 years but all of that has changed.

Manufactured goods export stands at 20% of Ghana 24 billion total export

Another billion from freight saving. Just dont get overexcited. Dangote will sell you fuel at premium...way more expensive than importing. That is granted

Fourpockets:
You're also forgetting the logistics behind importing

A billion dollars. That is value-added you get from refining fuel.

Fourpockets:
You keep talking about us loosing Forex, while forgetting that we are loosing Forex already by importing refined oil

Theories.
Reality - in COMESA - Kenya is second after Egypt in manufactured finished good export.
You can have low electricity, low labour cost,
But if they are stupid and lazy like you - they aint getting nothing done.
Kenya workers have Africa biggest HCI
So manufacturers know they will be profitable here.

Kazikazi:
You are in the same levels with Ghana. Nothing you manufacture which can real make you shout like that. Your manufacturing industry is still in its infant stage. The only countries I believe can real make it in this game of industrialization is Tz,Egypt or Ethiopia.
kenya? No.
You have many issues which won't make u a manufacturing powerhouse.

Some of the things which your kenya and these other nations you busy argue with will struggle about are these..

Availability of cheap and reliable power
High labour costs
Lack of robust agriculture
High levels of government corruption

I can mention here tonnes and tonnes of reasons why u won't make it,but I chose those 4 big reasons why it will be hard for kenya and other African nations to enter into a real manufacturing business. Out of those 4 readons,kenya fails on all of them.Tz passes on almost all of them,so as Egypt and somehow Ethiopia. But the rest of you,bye bye,manufacturing have left you.Try something else.

I am never hateful
First you are not meeting your OPEC quotas.
2ndly you will lose forex when some crude is diverted from export to Dangote.
Right now you're doing 1.3-1.5M bpd - if Dangote takes 650,000 - you will have to reduce export by half.

Now two scenarios
1) You increase oil production - meet OPEC and then have more for Dangote - then you will BENEFIT
2) You dont - you only benefit from value addition of refining crude - that about a billion dollars - which Dangote is keen to capture.

Prospect of increasing oil production are remote - you're dropping in year when oil is at 140 dollars per barrel - meaning you have big problems

Fourpockets:
Just stop being hateful for a minute and you'll understand:
- Nigeria exports oil and imports refined oil which demands scarce FX.
- This refinery will make Nigeria to stop importing the refined oil and intact, Nigeria will become a net exporter of refined oil which will give give us the much needed FX.
- At the end of the day, Nigeria will export the excess crude that we produce which the refinery can't finish refinering in a day. And also export the excess refined crude that Nigerians can't finish consuming in a day which is over 100,000 barrels of refined oil.

Something tell me you're a Ugand or Tanzania type of market with very limited manufacturing.
Already you're ordering batteries.
Your manufacturing is where kenya was 30yrs or more ago

https://www.youtube.com/watch?v=MnZzjWMWISk

Just40:
kid be logical... Of course you know that even that half a million dollar market won't go to just you especially when Unilever is producing here.

All of Kenya export are of no use to Ghana... So you will have to start producing things that better serves Ghana needs

Half a million dollars is a good place to start - Send us the cane rats.

Just40:
you have to trade something worth while than tea...

It has no value here

Unless you're going to increase oil production otherwise the export will fall by almost the same amount that import will fall; cost of refining is 3-5 dollars a barrel. That is what you'll save plus other petroleum products if Dangote goes into that.

In short dont get over-excited - the value chain from crude processing is not a game changer. If we use 5 dollars times 560K*360K days = you're talking about 1 billion dollars savings. That 1 billion dollars is what Dangote is targetting - maybe he will be making 500M dollars profit per year - and Nigeria will get jobs - not sure how many - maybe 1,000 people - majority will be Indians

But it sure will eliminate the national shame of being only OPEC country to also buy refined fuel.

Fourpockets:
Nigeria's top imports... Refined petroleum products take almost 1/3 plastics not included.
And someone was arguing yesterday that a huge refinery would be a curse than a blessing
I'll say it again, in few years time we will start exporting avaition fuel to Kenya