Sabi, Fresh, Meadow partner to improve agro supply chain in Nigeria
TLDR
- Sabi partners with Nectar Fresh and Meadow Foods to develop a robust supply chain for cash crops in Opara Forest reserve, Oyo State.
- The Oyo State Aggregation Initiative plans to invest $35,000 to create jobs for 350 individuals and boost economic growth in Saki, Otiki, and Agbugudu communities.
- A centralized warehouse will be established for high-quality storage of export-ready commodities as part of the project.
Sabi, a B2B startup focused on building digital tools for commerce, is partnering with Nectar Fresh and Meadow Foods to create a reliable supply chain for cash crops like cashew nuts and shea nuts.
The project, approved by the Federal Ministry of Environment, will manage 250,000 hectares of the Opara Forest reserve in Oyo State. The companies will invest an estimated $35,000 over the next year.
Named the Oyo State Aggregation Initiative, the project aims to create jobs for at least 350 people by year-end and stimulate economic growth in Saki, Otiki, and Agbugudu communities. A centralized warehouse will also be constructed to provide quality storage for export-ready commodities.
Points clés à retenir
The partnership comes as Nigeria faces its highest food inflation in nearly three decades, with rising food prices putting millions at risk of malnutrition. The agriculture supply chain is under pressure due to climate change reducing yields and security challenges increasing transportation costs. Experts believe technology and technical know-how can address some of these structural issues. The project aims to produce 30,000 metric tonnes of cashew nuts and 10,000 metric tonnes of shea nuts.
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