Vestance

The impact of climate change is being felt all over the world and Nigeria is no exception. Rising temperatures, varying rainfall patterns, and more frequent extreme weather events are altering crop suitability. Even worse, this is causing lower yields in agricultural states in Nigeria. To address this issue, Nigeria needs to build resilience in its agrifood systems. How? By embracing climate-resilient farming practices. We wrote an article on how to mitigate the risks of climate change in Nigeria. Check it out here: https://lnkd.in/ddPdKzXV Nigeria Climate Innovation Center #climatechange #sustainability #agrifood

Over a month ago, we launched a report on the palm oil industry in Nigeria. Have you seen it yet? Here is a recap of the key insights during the launch. But there’s more to explore! Download the full report to deeply understand how to revitalise Nigeria’s palm oil industry and uncover the untapped opportunities within it. If you haven’t seen it yet, here’s your link: https://lnkd.in/dRfCZdGK Presco Plc Okomu Oil Palm Company PLC #palmoil #nigeria

𝗡𝗦𝗜𝗔 𝘁𝗼 𝗗𝗲𝘃𝗲𝗹𝗼𝗽 𝗦𝘁𝗼𝗿𝗮𝗴𝗲 𝗮𝗻𝗱 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝘁𝗼 𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗙𝗼𝗼𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 Last month, November 2024, the NSIA: Nigeria Sovereign Investment Authority through its agriculture subsidiary, NAIC, signed a Memorandum of Understanding with the Africa Finance Corporation to tackle critical storage and logistics challenges in Nigeria. Find more below https://lnkd.in/dz_Wa7i8 NSIA: Nigeria Sovereign Investment Authority #agribusiness #coldchain #logistics #Nigeria

Let’s Talk About the Challenges Agribusiness Faces with Funding! 🌱💰 Securing financing for your agribusiness can be hard when your business lacks structure and good financial record. What challenges are you facing? Share with us Need help? Let’s make your agribusiness funding-ready. Book a session via: https://lnkd.in/djXhTN3g #Agribusiness #Funding #Businessgrowth #Financialsupport #Vestance

Every year, one of the pressing issues in the global food supply system is post-harvest loss. In Nigeria, the situation is even more alarming. For several years, over one-third of the food we produce has never reached the final consumer. It's lost or spoilt before it gets to them. This is also likely to happen in 2024. But who’s to blame? The government or private businesses? Truth is, both bear the responsibility. For private businesses, however, every loss averted translates into increased earnings. We've detailed these in our latest article: Reducing Post-Harvest Losses in Nigeria through Cold Chain Investment. 👉https://lnkd.in/d7HQQ_64 PS: Stay tuned! This is just a teaser. Our mini-report on it drops later this week. AGRA AFEX Bank of Industry Limited Ogunniyi Adebayo #agribusiness #coldchain #foodloss #Nigeria

Happy New Month! What a year it has been so far. As 2024 wraps up, are you thinking about how to set your 2025 business goals in motion? From vision to venture, we support ambitious entrepreneurs focused on the agri-food industry. Whether you are producing fine garri, innovating on food products, building financial products, solving post-harvest storage, or scaling an infrastructure project or energy solution for agri-food, talk to our team today and discover ways we can work together. Schedule a free consultation here: https://lnkd.in/dNUAHxve #agribusiness #agrifood #vestance

The sharp rise in diesel prices since January 2023 has made rice milling even more expensive. For small-scale millers, this has squeezed profitability and increased the cost of producing milled rice. In other words, the cost of diesel plays a big role in determining the price of rice in Nigeria. But here’s the interesting part—millers who switched to mini-grids (solar power with storage systems) saw their energy costs drop by almost half compared to using diesel. In our latest report on the rice industry, we unveil the journey, key trends, financing insights, and the opportunities you won’t want to miss. Download the report via: https://lnkd.in/eJyHc4mJ #rice #millers #paddy #nigeria

Vestance Mini-Report on the Nigerian Rice Industry is now out. Nigeria has made considerable progress, albeit slowly, however, a strong shock in input cost, climate & a decline in areas cultivated in the 2023/24 planting year threatens it. Our mini-report on Nigerian Rice Aspiration and the journey so far, is now live. Download the report via https://lnkd.in/eJyHc4mJ AGRA Yusuf Ogunbiyi Ogunniyi Adebayo AFEX Bank of Industry Limited #Rice #Nigeria #Millers #Paddy #FoodSecurity

Leverage our expert guidance to uncover growth opportunities for your agribusiness. Talk to us: https://lnkd.in/dpgD_qAV #agribusiness #investment #vestance

With the right strategies in place, you can effectively maximise profits while minimising risks in commodity trading. Here are 4 simplified tips to help you thrive in this market. These strategies were discussed in our webinar earlier this year. Watch the recap here: https://lnkd.in/d5bf9kGa For more tailored advise, reach us at business@vestanceng.com or book a meeting via: https://lnkd.in/dc8azZ9x