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Agribusiness

SOME BUSINESS OPPORTUNITIES 

Despite the widespread belief that purchasing power is low in rural communities, there are business initiatives with substantial profit potential in these areas. These opportunities emerge when investments are grounded in innovative and strategic business models that effectively address the challenges faced by these communities.

 

Below, we highlight some untapped business opportunities that could significantly enhance the quality of life for the local population.

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Internet Of Things (IoT)

FALAR DO POTENCIAL DA INTERNET DAS COISAS MAIS POUCO DESENVOLVIMENTO

A Internet das coisas está no centro da transformação digital constitui um dos pilares da indústria 4.0, revolucionando a 

 

The Internet of Things (IoT) is a pivotal force driving digital transformation across a multitude of industries. By facilitating the interconnection of devices and the collection of real-time data, IoT enhances operational efficiency and empowers organizations to make informed decisions. This interconnected framework fosters innovation and enables businesses to swiftly adapt to evolving market demands. Consequently, the adoption of IoT is imperative for organizations striving to succeed in an increasingly digitized environment.

 

In the realm of healthcare, the Internet of Things is revolutionizing patient care by enabling real-time monitoring through connected devices. This technology provides healthcare professionals with crucial data, thereby informing clinical decisions. Furthermore, IoT can optimize hospital operations, reduce costs, and enhance the overall efficiency of healthcare systems. The integration of IoT within healthcare not only leads to improved patient outcomes but also contributes to the establishment of a more efficient healthcare ecosystem.

2. Community Clean Cooking

Most rural families in São Tomé and Príncipe predominantly utilize inefficient, rudimentary stoves for cooking with biomass fuels. The predominant form of improved cooking devices in use consists solely of basic charcoal stoves, which depend on firewood as their biomass energy source.  A significant portion of the rural population faces considerable exposure to indoor air pollution as a result of cooking activities, exacerbated by inadequate ventilation in kitchens. Approximately 70.9% of households rely on kerosene or biomass stoves without sufficient means for ventilation.  The escalating demand for firewood in São Tomé and Príncipe contributes to the degradation of forest ecosystems and results in the emission of greenhouse gases (GHGs). Implementing an innovative business model that supplies improved cooking stoves to these communities would not only assist women in conserving time during food preparation, but it would also mitigate GHG emissions arising from the unsustainable use of wood-based fuels in the domestic cooking sector. Furthermore, this initiative can potentially create a sustainable source of income.

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3. Containerized Micro Power Plant

Access to electricity remains a significant challenge for many communities in São Tomé and Príncipe, particularly in the more remote areas where there is no electrical infrastructure. This lack of electricity seriously impacts the self-sufficiency of these communities, affecting essential daily activities. To address this issue, an innovative investment model centered around mini power plants in containers has been proposed. This model takes into account factors such as cost and accessibility to effectively tackle the electricity shortage in remote areas. This initiative not only offers a promising investment opportunity with the potential for immediate positive impact on the quality of life for the target populations but also has significant revenue-generating potential.

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