VertAfrika Limited
VertAfrika Limited is a social enterprise committed to addressing food insecurity and unemployment in Nigeria.
Food Insecurity and Unemployment are two of the major challenges facing Nigeria, the root causes of these problems include the declining Nigerian economy, insecurity in Northern Nigeria (where over 95% of food consumed travels from), severe weather conditions due to climate change, poor farm inputs, archaic agricultural methods, and COVID-19 disruption of the national food system.
Based in Lagos, Nigeria, the company was founded in 2020
Gflexsoft Agro Solution
GAS is a solution-driven and profitable agribusiness and agro-investment firm which identifies the use of ICT tools as a means of improving the livelihood of urban and rural farmers. We encourage also the exchange of goods for goods and services for services thereby giving farmers value for values
Headquartered in Abuja, Nigeria, it was founded in 2018
DistroNg
Distro is the Ube for local traders/merchants. Distro aims to address the issue of the absence of formal transportation for traders who buy large goods to resell from significant local markets and have to pay a significantly high cost for old-fashioned taxis/trucks that cannot provide them comfort on transit or protect their goods from being damaged on transit before arriving at their destinations.
Headquartered in Lagos, Nigeria, it was founded in 2022.
Freen Gresh’s Farms
Freen Gresh’s Farms is an agrotech startup based in Kwara State of Nigeria, which offers services of Agriculture, and Agricultural Real Estate through a web-based software where anyone can drop by and farm without getting their hands dirty. They pay the fees, lease a farmland and the cost of farming we manage the rest including farming and sale of harvest, we then pay them back their investment and return after a successful farming session, we offer the same with livestock.
Headquartered in Ilorin, Kwara State, the coy was founded in 2020
Smartagro Farm
Smartagro is a company that focuses on solving Agricultural problems. Their services and products include a Smart irrigation system using sensors and mobile app and a Cold Chain monitoring system.
The company was founded in 2019 and has its headquarters in Lagos, Nigeria.
NFC Agro Processing Limited
From Gboko in Benue State comes NFC Agro Processing Limited. Agriculture forms the backbone of the Benue State economy, engaging more than 85% of the population, and it has made Benue State the Food Basket of Nigeria, given that the state grows the bulk of the over 5 million tons of citrus fruits, especially oranges, that makes Nigeria one of the world’s top 10 citrus fruits producing countries; also contributes over 75% of Nigeria’s soybean production, which is the largest in Africa; and has the world’s yam headquarters, producing almost 70% of Nigeria’s yam stock.
The company was founded in 2012.
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Samedek Agro & Allied Limited
Samedek Agro & Allied Limited is anOur products agro-consulting and agribusiness firm that provides environmentally sustainable beekeeping and agribusiness Solutions. Our products and Services Include: Beekeeping training and consultancy, supply of beekeeping materials and products
Benin City, Nigeria, Founded 2022.
Africa’s Agricultural Sector Poised To Hit $1tr By 2030 -Adesina AfDB President
Africa’s agricultural business will be worth $1 trillion by 2030, the African Development Bank President (AfDB), Akinwumi Adesina, has said.
Mr Adesina explained that this could be achieved due to the need to feed the expected continent’s increased population that is estimated to hit 2.5 billion by 2050, double its current 1.2 billion.
The AfDB president said this on Tuesday, while receiving an honorary doctorate award by the Federal University of Agriculture, FUNAAB in Abeokuta, Nigeria, according to a press release by APO, a public relation firm, and made available to PREMIUM TIMES on Wednesday.
According to the statement, he was awarded by the institution because of his work in agriculture and food security across the continent.
“The size of food and agriculture in Africa will rise to $1 trillion by 2030. The population of Africa, now at 1.2 billion, will double to 2.5 billion by 2050. They all must eat. And only through food and agribusiness can this be achieved,” he said.
Mr Adesina commended the Nigerian government’s promotion of agriculture and agri-business in Nigeria.
He also disclosed that the AfDB is investing $25 billion over a ten-year period to transform the continent’s agriculture sector.
”What Africa does with food will determine the future of food, given that 65% of the arable land left to feed the world is here,” Mr Adesina said. “Agriculture is the most important profession and business in the world.”
He also pledged to continue the work of transforming Nigeria’s agriculture sector.
“I am delighted to see so many of our young people engaged in agriculture arising from the Youth Employment in Agriculture initiative launched when I was minister to get the youth into agriculture as a business.
”From their innovations in the use of drones, food processing, packaging, transport and logistics and marketing, they are already unlocking the opportunities in agriculture,” he said.
He, therefore, urged agricultural universities to optimize their role in “linking research, innovations and technologies to farmers and the food and agriculture industry.”
“Africa’s youth must become leaders to help feed our world,” he said.
Meanwhile, the FUNAAB Chancellor, Edidem Ekpo Okon Abasi-Otu, described the bank head as a global household name “whose exploits in promoting value chain addition in agricultural produce have remained unparalleled.”