Cash crops, such as coffee or rice, are crops that are planted for the purpose of selling on the market or for export to make a profit.
According to the Food and Agriculture Organization Corporate Statistical Database (FAOSTAT), agriculture contributes almost 20% to Sub-Saharan Africa’s economy, making it the region’s most significant economic sector. Africa is also home to 60% of the world’s uncultivated arable land, indicating that the continent has enormous potential for agricultural growth.
Cassava
Tonnes produced in 2019 = 192.1M
Cassava is Africa’s most produced cash crop, with a yearly production of nearly 200 million tonnes, accounting for 63% of the global total. The brown root vegetable is peeled, pulped, and cooked, providing a starchy base for meals. Cassava is a staple food across West Africa and feeds 800 million people worldwide.
Sugar cane
Tonnes produced in 2019 = 97.3M
Although Africa only represents 5% of global sugar cane production, it is considered a crucial region for future expansion due to its high production potential, low cost, and proximity to European markets. The EU is the world’s second-largest consumer of sugar, and Africa’s sugar cane production has the potential to meet its demand.
Maize
Tonnes produced in 2019 = 81.9M
Maize is Africa’s most important cereal crop and a significant staple food for over 1.2 billion people in SSA and Latin America. All parts of the crop can be used for food and non-food products, making it an essential crop for the region.
Yams
Tonnes produced in 2019 = 72.4M
Yam production is 97% of the global total, with West Africa known as the “yam belt.” Yam cultivation is an important component of the region’s economic vitality, with over 60 million people involved in its production.
Rice, paddy
Tonnes produced in 2019 = 38.8M
These cash crops play a vital role in Africa’s economy and food security, and their continued growth and development are critical to the region’s economic growth and prosperity.
Original Source: Business Insider Africa