Unit 3: Annotated Bibliography 2
For my research paper I have chosen to create a business plan to export corn to Africa. I selected Africa as the destination for my product because Maize, otherwise known as corn, is one of Africa’s most widespread staples and it is also considerably difficult to grow in Africa. The references I have selected are being used to help develop my export business plan. They will provide details on how the product is used in the country, the difficulties the country has suffered trying to grow the product without export supplements and how they will benefit from the additional imported resource.
Annotated Bibliography:
Africa | United States Trade Representative. (2018). Retrieved January 31, 2021, from Ustr.gov website: https://ustr.gov/countries-regions/africa
This site provides insight to the current efforts the United States has undertaken in order to expand the emerging trade market in sub-Saharan Africa.
Box, I. (2019). You are being redirected… Retrieved January 31, 2021, from www.globaltrademag.com website: https://www.globaltrademag.com/african-maize-market-reached-35-1b-in-2018-driven-by-rising-demand-in-south-africa-egypt-and-nigeria/
The details for rising demand for Maize will show why this product is a solid choice for exportation to this region.
Africa’s food trade: overview – tralac trade law centre. (n.d.). Retrieved January 31, 2021, from www.tralac.org website: https://www.tralac.org/resources/our-resources/12129-africa-s-food-trade-overview.html
This site provides details regarding the current food trade in Africa and who the major contenders are for competition.
Cherniwchan, J., & Moreno-Cruz, J. (2018, October 30). Maize and precolonial Africa. Retrieved January 31, 2021, from https://www.sciencedirect.com/science/article/pii/S0304387818303195
The history of how Maize became a staple in Africa, and how the country has used and continues to use the product.
Njini, F., & Durisin, M. (2019, June 25). Extreme Weather Is Shaking Up Africa’s Corn Trade. Bloomberg.com. Retrieved January 31, 2021, from https://www.bloomberg.com/news/articles/2019-06-25/extreme-weather-is-shaking-up-africa-s-corn-trade-this-year
This Bloomberg article discusses how global climate change is impacting how and what foods countries can grow and how this ultimately impacts the corn trade.
Harashima, A. (2007, May 09). Maize and Grace: Africa’s Encounter with a New World Crop, 1500–2000 ‐ By James C. McCann. Retrieved January 31, 2021, from https://onlinelibrary.wiley.com/doi/full/10.1111/j.1746-1049.2007.00041_2.x
The history of Maize and its introduction to Africa will show how this product became a staple and why it continues to have such a high demand for this region.
Hunger Relief in Africa. (2018, March 2). Retrieved January 31, 2021, from Action Against Hunger website: https://www.actionagainsthunger.org/africa-hunger-relief-facts-charity-aid
The low cost of corn and the continued issues the country faces with hunger will support the rising demand for Maize.
Kopp, C. (2020, August 28). The World’s 6 Biggest Corn Producers. Retrieved January 31, 2021, from https://www.investopedia.com/articles/markets-economy/090316/6-countries-produce-most-corn.asp
This site will provide insight on the competition and how to gain market share.
Market Profiles. (2019, February 25). Retrieved January 31, 2021, from U.S. GRAINS COUNCIL website: https://grains.org/markets-tools-data/markets/market-profiles/
Having a better idea of the grain industry and competitive market profiles will help to define my export business plan.
The Opportunities & Challenges of Exporting to Africa. (2017, February 10). Retrieved January 31, 2021, from https://opentoexport.com/article/the-opportunities-challenges-of-exporting-to-africa/ https://www.thespruceeats.com/cereal-grains-of-africa-39517
In order to create a well thought out busines plan it is important to understand the challenges that have been faced in the country.
Muyambo, F. (2020, July 01). Milled Grains From Africa That Will Change the Way You Cook and Bake. Retrieved January 31, 2021, from https://www.thespruceeats.com/cereal-grains-of-africa-39517
Additional support on the usage of Maize in Africa.