In some places it is cultivated as an ornamental plant, valued for its lush foliage and showy inflorescences. In others it is used as a very good quality fodder crop for feeding ruminants and other animals, as it is rich in protein and minerals, particularly calcium and phosphorus, and can be harvested several times a year.
It is also used as a melliferous plant, or as a green manure that provides the soil with nitrogen, phosphorus and potassium.

But it is a vigorous, fast-growing and undemanding plant, which is why in some countries, especially in Asia and Africa, it has become a dangerous invasive species.
In places, such as Taiwan, Japan and Mexico, it is used in traditional medicine to treat fractures, injuries, bruises, hepatitis, cystitis, etc.
In Thailand, it is such a famous and beloved plant that during its flowering season they organise a festival in its honour.
An essential oil is extracted from its leaves which serves as a repellent against the mosquitoes that transmit malaria.

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