WEF_GrowAfrica_AnnualReport2014

2013 in Review 2013 in Review
Goals
Year 2 – Progress update
The following commitments were made in 2013, but Grow Africa has not yet collected
progress updates.
Sunti Farms
Contribute to expanding sugarcane production and
processing (in joint venture with the Golden Sugar
Company) through investments of $185 million in:
1. a 10,000 ha plantation to produce 100,000 tonnes
p.a. of raw sugar;
2. implementing an out-grower programme to engage
local farmers in cultivation and on-site processing
of sugarcane; and
3. partnering with other multinational sugar
businesses to bring in technical knowledge.
•¡
Investment for the mill has been made and planting is
underway.
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Approximately half of the committed capital expenditure
has been disbursed.
Asset &
Resource
Management
(ARM)
Company
Belstar Capital
Goals
Contribute to the development of commercial agribusiness value-chain projects by creating a
potential $20 million project investment fund to run for at least 10 years, securing employment
in the projects of suitably qualified local people and supporting smallholders through off-take
agreements, combined with inputs, technical training, commodity storage and processing
services.
Contribute to enhancing the beef value chain for domestic and export markets with an investment
of around $600 million to:
1. develop Halal-certified meat processing and packaging centres;
2. invest in 10 feedlots to fatten cattle, 5 end-to-end integrated meat units, and 5 intensive
combined meat and dairy farms; and
3. boost basic infrastructure including power, clean water, and wastewater treatment in support of
the above.
Doreo
Partners
Contribute to lifting smallholders out of poverty through the Babban Gona agricultural franchise
by:
1. investing $50 million (by 2015) into expanding Babban Gona in the Kaduna region and
southwards to other states;
2. working with 4,000 Trust Groups on 20,000 ha of land (by 2015);
3. tripling the yields of 16,000 smallholders and the prices they receive; and
4. providing training and development to support farmers to graduate from subsistence to
business-minded, farmers.
Dufil Prima
Foods
Contribute to boosting local vegetable oil production and packaging through a $25 million
investment in a 500-tonne/day refinery and a 350 tonne/day fractionation and bottling plant in the
Lagos Free Trade Zone, directly and indirectly creating employment for 2,000 smallholders.
Ecobank
Continue to work towards improving access to affordable finance for the agriculture sector by:
1. lending $30 million over the next year and $100 million over the next 4 years, on favourable
terms, to agricultural producers, processors and marketers; and
2. providing technical assistance through training to agri-SME customers.
Free Range
Farms
Progress the development of an integrated poultry farm with a $50 million investment in:
1. broiler chicken farming producing 1 million birds/month;
2. a hatchery producing 1 million day-old chicks/month;
3. parent farming producing 350,000 hatching eggs/week;
4. a feed mill producing 8,000 tonnes/month;
5. a plant for processing/slaughtering 1 million birds/month; and
6. employing approximately 800 people directly and 2,500 indirectly.
Industrial
Development
Group (IDG)
Develop a production and processing programme for the oil palm and sugarcane value chains,
with $246 million invested over 5 years in:
1. creating supply-chain capacity to deliver 500,000 tonnes p.a. of crude palm oil and up to 300
million litres of ethanol from sugarcane by 2030;
2. scaling up operations to cover 200,000 ha to meet growing demand;
3. integrating advanced agricultural and social concepts in bio-farming, bio-energy and community
empowerment; and
4. establishing an R&D partnership with the Nigerian Institute for Palm Oil for seed and yield
improvement practices and technologies, as well as waste utilisation.
In 2013, Heineken used 100,000 tonnes of local sorghum in production.
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Nigeria
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