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Farmcrowdy partners Best Foods to boost livestock production in Nigeria

07 May 2019, 12:07 pm
Financial Nigeria
Farmcrowdy partners Best Foods to boost livestock production in Nigeria

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The goal of the partnership is to improve the quality of meat production and processing practices in Nigeria to meet international standards.

A cow

Farmcrowdy Group, the parent-company of Farmgate Africa, a newly launched online agro-commodity aggregator, has announced a partnership with Best Foods Livestock and Poultry Limited, a leading agribusiness company in Nigeria, to improve the livestock value chain in the country.

Under the strategic partnership, Farmcrowdy Group will deploy its financial, technology, sales and marketing resources through Farmgate Africa to increase the go-to-market efforts of Best Foods, which has over 16 years of operating experience and focuses on the processing and marketing of livestock produce.

According to a statement released by Farmcrowdy on Monday, the partnership will also work towards improving the quality of meat production and processing practices in Nigeria to meet international standards, thereby leading to the ultimate end of importation of processed meat into the country.

“According to State records, Lagos alone consumes over 6,000 cows daily,” Emmanuel Ijewere, Chairman of Best Foods Group said. “This partnership will enable Best Foods to expand beyond the meat industry as both companies have synergies in other areas that will be good for Nigeria’s overall agricultural space.”

Before the launch of Farmgate in April, Farmcrowdy became a group to accommodate the different opportunities and efforts of the company in the agriculture sector. Farmgate is an agro-commodity aggregator platform bridging the gap between farmers and agroprocessing companies and also providing farmers access to markets.

“We are going into this relationship with Best Foods for the long haul to improve how Nigerians access quality beef,” said Onyeka Akumah, Founder and CEO of Farmcrowdy. “This relationship will see all partners work together to raise quality cattle, process and sell quality beef to major buyers around the country.”

According to the Managing Director of Farmgate Africa, Kenneth Obiajulu, this partnership will enable Farmgate to meet the demand from many strategic customers for healthy and traceable meat, including modern retail facilities, restaurants, international hotel chains, schools and caterers.

“Part of our mandate is to reduce the spread of animal-to-human disease by providing affordable, traceable, fit-for-slaughter and disease-free bulls coming directly from Farmcrowdy Group’s feedlots across the country,” Obiajulu said. “The increasing daily demand for meat in Lagos is encouraging and a pointer to growth.”


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