Agricultural Estates

Leveraging Nigeria’s 39 Million hectares of uncultivated, agricultural land, 8th largest in the world, to create economic growth by developing large scale agricultural estates. We prioritize estate that focus on export oriented commodities or import substitution opportunities with a high labor content to ensure significant employment generation.

There are three key reasons why Africa is positioned to be the fastest growing agricultural region:

Majority of the Worlds Uncultivated Arable Land

Africa has the majority of the world’s uncultivated arable land.

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In addition, the continent has a significant amount of land currently cultivated and utilized sub optimally. Nigeria for instance has over 15 million Ha utilized to produce low yielding varieties of sorghum and millet.

 

Demonstrated High Growth in Yields

Due to limited investment in R&D, yields in Africa are still relatively low. However, as demonstrated with Soybeans in Nigeria, with innovations developed and driven by the International Institute of Tropical Agriculture (IITA) headquartered in Nigeria, yield growth can dramatically outpace the worlds average growth. Currently Nigeria’s annual yield growth rate for soybeans is 5X faster than the world average.

 

Significant Opportunities for Irrigation

Africa has vast water resources, however, due to low investment in irrigation, these resources are still yet to be tapped for agricultural purposes. With the right investment Africa can unlock millions of hectares of additional capacity and reduce weather associated agricultural risks.