Despite the new set of complexities brought about by changing climatic conditions, agriculture remains a very important and profitable sector of the economy. Some tried and tested methods remain relevant today and they can be employed to great and profitable effect. Furthermore, there is a lot of scope for improving on old practices and methods to introduce more resilient agribusiness models both on the production and commercialization fronts.
The idea, however, is not to reinvent the wheel, but rather to find solutions that are suited for any specific set of conditions. The advent of the internet allows us to learn and adapt technologies from other parts of the world. Ideas like irrigation by gravity, construction of manmade water bodies for irrigation and mechanization have existed for a long time but have not been widely utilized. These technologies may require some incremental improvements to become more suitable for the new locations, but they are still capable of producing outstanding results.
My book attempts to illustrate how agriculture can be a very profitable venture if the best agricultural and business practices are followed. As the name of the book suggests, we look comparative look at profitability in agriculture and the gold mining industry. The results ultimately prove agriculture to be "MORE PROFITABLE THAN GOLD". The outcome of the analysis may be astonishing to some but comes as no surprise to those who are knowledgeable about the agricultural sector.
The confluence of proper planning, quality inputs, relevant technologies good management practices, and know-how will greatly improve profits in agriculture. The paradigm shift from the traditionally labour-intensive nature of farming is attracting a new breed of farmers who are more sophisticated and technologically savvy. The old stereotype of agriculture being a poor man's industry is being debunked and replaced by the promise of an industry waiting to come alive with possibilities.
Research points to more millionaires being created within the agriculture industry within the next 30 years in Africa alone than petroleum ever did. This is because Africa has the highest number of arable lands in the world and there are various areas in agriculture aside from farming that present great opportunity for profit and growth. Those who go into commercial agriculture today are bound to be Africa's millionaires within the next 3-10 years.