Awesome Egg Business Thrives in The Kenyans Streets

Reading Time: 2 minutesThe awesome egg business thrives in the Kenyans streets, highlighted as a profitable industry in the country. Egg business play a vital role in the global food supply chain. This signifies that eggs, like other animals products such as milk, present a versatile and lucrative opportunity for both small-scale farmer and large commercial producers. For instances, President Ruto, makes Sh1.5 million daily by selling eggs from his 200,000 chickens. A viral sensation, Known as “Mtu wa Mayai,” has astonished Kenyan internet users by attempting to raise 1 million shillings in order to enroll in a cooking school. Last month on X (Twitter) rallied to boost the business of “Mayai Smokie” vendor by forming evening queues to clear his stock, propelling him to online fame. More importantly, people around the world craves eggs for their rich protein content and versatility. Eggs serves as a staple in households, ensuring a stable market. Below are other factors driving the success of eggs business both in Kenyan and globally. READ ALSO: Low production cost. Modern farming methods have the egg production pocket friendly. Its efficient poultry management minimizes overhead expenses while maintaining a steady egg supply. Diverse Market is another driving agent. Eggs appeal to various consumers segments. From individuals to business like restaurants and bakeries. Providing multiples sales opportunities. Health and Nutrition. Eggs’ nutritional benefits includes protein, essential amino acids. Vital nutrients drive increase consumption in line with health-conscious trends. Sustainability. Business entrepreneurs can scale the egg business according to their resources. Whether starting from small or expanding into a commercial operation. Technology advancement also enhance efficiency with automated system for feeding, egg collection and climate control. Marketing innovation. Ongoing innovation in specialty eggs and processed eggs products open up niche market opportunities. In conclusion, the egg business in Kenya, stands as a testament to the country’s agricultural pot potential and economic growth. Therefore, entrepreneurs and farmers alike can find a compelling opportunity in the egg business. Its accessibility, nutritional benefits and versatility make it a valuable commodity in both local and global market. Whether you’re starting small or scaling up your exiting operation, the industry’s consistent demand for eggs, along with advancement in production and the growing consumers awareness of their nutritional value, promise a pathway to success.

Read More

Ruto: The Best Champion of The African Trade Currency

Reading Time: 2 minutesOn Thursday, Kenya’s President William Ruto, emerges the best champion to advocated for the introduction of a single African currency to Facilitate trade across the African Continent. In his debut speech at the 22nd common Market for Eastern and South Africa (COMESA). Head of state and Government Summit in Lusaka-Zambia. Ruto highlighted that, regional integration means citizens won’t need to worry about which currency to trade in. “Our people cannot trade without worrying about which currency to use. This, among other non-tariff barriers, is something we must urgently address so that our people can begin to trade together and integrate,” he states. Similarly, at the summit, President Lazarus Chakwera of Malawi declared that, the region must no longer waste time in the pursuit of achieving regional integration. READ ALSO: In September 2021, President Ruto propose for the introduction of a single African currency. Stands as a bold and ambitious stride towards a greater economic integration on the continent. The idea of a common currency has been under discussion for years, and while it presents significant challenges,. It also holds the potential for numerous benefits. On the positive side, a single African currency could enhance intra-African trade and economic growth. By eliminating exchange rate fluctuation and reducing transaction cost. Thereby, encouraging investments and benefiting African businesses and customers. The theme of the 22nd COMESA summit strongly aligns with Kenya’s aspiration for radical national transformations. On the sidelines of a trade forum in the Kenyan capital Nairobi. Wamkele Mene, Secretary- General of the AfCFTA Secretariat, stated that countries within the Economic Community of West African States are already engaging in cross-border trade using local currencies instead of the U.S dollar. “We now want to expand to other regions blocs including the East African Community. Which is in talks with the African Export-Import Bank,” Mene stated. He pointed out that the annual cost of currency convertibility, resulting from the use of U.S dollars in trade among African countries, amounts to nearly 5 billion dollars. ” That is expensive and so we have rolled out the pan African payment and settlement system that enables trading in local currencies,” he added

Read More