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Green gold business spreads in Kenya

Many foreigners are attracted by easy earnings prospects

06-04-2021 di redazione

The business of so-called 'green gold' has also arrived on the Kenyan coast.
We are talking about bamboo and its cultivation for commercial purposes.
Two years ago in Europe there was a boom in the cultivation of giant bamboo, which until then had been used more for its aesthetic and ornamental aspect. 
Nurseries, even in Italy, followed that type of market despite knowing that in the East it has always been used for the production of wood and food shoots, which are almost unknown here.
While in Europe it has become a buying and selling business, for many it is just a "speculative bubble", and to date in Italy there are more than 3000 hectares cultivated, Kenya is only now approaching this potential business, for which there is much demand, thanks also to the flourishing trade with China and other eastern countries.
Companies in the sector speak of numerous markets in which bamboo cultivation can guarantee an excellent yield: food, timber and furniture are just the main ones. 
In Africa there are 40 species of bamboo, many of which were imported in the last century from India, Europe and the Orient, but have taken root especially in mountainous areas. There are also indigenous species (the Abyssinian is famous), but the most widespread is 'bambusa vulgaris', the classic yellow-coloured one. It can reach large sizes, although it is not the most prized. 
In Sub Saharan Africa, bamboo has also always been used as a natural fuel, a kind of alternative to charcoal.
In Kenya, bamboo, which usually takes four years to fill a hectare of land and be marketable, grows even faster and even in the areas of Watamu and inland Malindi near the Arabuko Sokoke Forest ecosystem it can easily be planted and grow.
Between Malindi and Watamu, after Msabaha, there is already a plantation from which many residents get their supplies, but the demand is greater.
The soil has to be fertile, irrigated and ploughed constantly, and by the third year some shoots start to be harvested in the best kept plantations. The profit margins can be very high and there are already foreigners, including Italians, who are thinking of buying up plots of land in the immediate hinterland to rely on this easy and profitable business.replica uhren kaufen

 

TAGS: business bambubambu kenyainvestimenti kenya

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