WEF_GrowAfrica_AnnualReport2014

2013 in Review 2013 in Review
Agricultural GDP Growth Rates
Status on Letters of Intent
10
5
0
Ag GDP Growth
CAADP Target
In 2013, 29 companies directed Letters of Intent (LoIs) to Nigeria (with 1 more
making reference to working in the country). As previously mentioned, a selection
of these companies signed their LoIs in June 2013, providing them with only half
a year to progress their investments. Grow Africa therefore started the reporting
process later in Nigeria, and at the time of going to press with this report, company
updates were only partially gathered.
-5
Goals
Year 1 – Progress update
-10
-15
2003 2004
2005
2006
Source: ReSAKKS 2014 - www.resakss.org
SNAPSHOT OF AGRICULTURAL ECONOMY
Rural Population
2007
Population Economically Active in Agriculture
AGCO
Contribute to capacity building, knowledge transfer
on the agronomic system, and the intensification of
agriculture and farming mechanisation by:
1. investing $6-8 million to establish a demonstration
farm and training centre in Nigeria, together with
global and local partners, aimed at large- to
small-scale farmers, agriculture students and local
schoolchildren;
2. providing infrastructure and technical support with
mechanisation, storage and livestock systems,
including after-sales services for commercial
smallholders, and emerging and large-scale
farmers; and
•¡
Conducted several field trips
•¡
Undertook site exploration visits for demonstration farm
and training centre as well as for assemblies; concept
phase underway for training centre in Ekiti State.
•¡
Private-sector member participating in consortium for
the Competitive African Rice Initiative (CARI) for West
Africa and Tanzania, with the objective of reaching
at least 120,000 smallholders over 5 years (50,000 in
Nigeria and at least 30% being women) and developing
the downstream value-chain structure.
Total population:
178,517,000
Total:
12,578,000
3. offering finance solutions and developing leasing
models for tractor supply to small-scale farmers
with little working capital.
Source:
FAO-STAT 2014 - http://faostat.fao.org/
Rural population:
86,628,000
Ease of Doing Business - Rank of 189 Countries
58.8% 41.2%
Source:
FAO-STAT 2014 - http://faostat.fao.org/
Top 10 Crops by Production (tonnes)
Cargill
Contribute to realising the full local and export
potential of the cassava value chain by:
1. exploring investment as anchor investor in Alape
SCPZ to construct a cassava starch processing
facility and a cassava agricultural supply chain;
2. working with the donor community on supply chain
development issues including implementation
of The Voluntary Guidelines on the Responsible
Governance of Tenure of Land, Fisheries and
Forests;
3. conducting location-specific feasibility and duediligence
reports on proposed processing facility
and agricultural supply chain.
•¡
Feasibility studies underway.
•¡
Multiple site visits conducted by senior executives.
•¡
In dialogue with several partners and stakeholders in
Abuja and in Kogi State/Alape on investment plans and
intentions.
•¡
Preparing for launch of environmental, social and
economic baseline studies in communities affected by
the project.
•¡
Planning to finalise nucleus/out-grower model and
farm off-take agreements as well as Memorandums of
Understanding (MoUs) with partners in 2014.
Overall 147
Starting a Business 122
Getting Credit 13
Protecting Investors 68
Trading Across Borders 158
Enforcing Contracts 136
EASY 50 100
150
HARD
54,000,000 Cassava
38,000,000 Yams
9,410,000 Maize
6,900,000 Sorghum
5,000,000 Millet
4,833,000 Rice
3,400,000 Sweet Potatoes
3,070,000 Groundnuts
Crest Agro
Products
Contribute to adding value to the cassava value
chain by establishing a fully-mechanised 15,000
ha cassava plantation and processing plant (with
capacity to produce up to 100,000 tonnes p.a. of
high-grade cassava starch phased in over 7 years),
creating 3,500 jobs directly and 1,500 in ancillary
services.
•¡
Project implementation is proceeding according to plan.
•¡
A partnership with the International Institute of Tropical
Agriculture has been established and two full-time
administrators and two full-time farm staff have been
hired.
•¡
A partnership with the Kogi State Government is also
in place.
•¡
A fully-mechanised pilot farm of 30 ha has been set up.
•¡
Allocation of land for the main farm has been secured
and payments have been made for initial land allocated,
along with investments in equipment for the main farm.
•¡
A partnership has been entered into with the SCPZ.
Source:
World Bank 2014 - http://www.doingbusiness.org/
2,560,000 Pulses
1,450,000 Sugarcane
Source:
FAO-STAT 2014 -
http://faostat.fao.org/
136
Nigeria
Nigeria
137