Agricultural development is one of the most powerful tools to end extreme poverty, boost prosperity and feed a projected 9.7 billion people by 2050 and beyond. Growth in the agriculture sector is two to four times more effective in raising incomes among the poorest compared to other sectors. Analyses in 2016 found that over 60% of poor working adults made a living through agriculture.
Agriculture is also crucial to economic growth: in 2021, it accounted for 15% of global gross domestic product (GDP) and in some developing countries, it can account for more than 40% of GDP, and agriculture accounts for 70% of water use and generates unsustainable levels of pollution and waste. 1/3 of food produced globally is either lost or wasted. Addressing food loss and waste is critical to improving food and nutrition security, as well as helping to meet climate goals and reduce stress on the environment.
Agricultural development is one of the most powerful tools to end extreme poverty, boost prosperity and feed a projected 9.7 billion people by 2050 and beyond. Growth in the agriculture sector is two to four times more effective in raising incomes among the poorest compared to other sectors. Agriculture is also crucial to economic growth: in 2021, it accounted for 15% of global Gross Domestic Product (GDP).
Kobi Farms & Agro Allied Limited was established and conceptualized to tap into significant opportunities that are present in the Nigerian Agro-business sector, with a population of over two hundred million people; there is an immense gap to fill in the areas of import substitution, local content development, job creation and socio-economic development.
Kobi Farms & Agro Allied Limited’s mandate is to fulfill the needs of safe and healthy livestock production in emerging markets that have under-performing and sub-optimal agricultural industries but with potential to grow and be dominant players in the global industry. The company is a social impact enterprise with primary focus on two areas:
Ø Producing consumer products that comply with the highest international standards for local markets as well as international export.
Ø Facilitating high potential young agricultural graduates with a complete holistic business environment that provides knowledge, experience, capital, technology, logistics, farm inputs and marketing, focused on producing in compliance with Global GAP standards.
Ø Facilitate ranching development across Nigeria and transformation into self-sufficiency.
Ø Facilitate the development of Middle-class income generating capacity for farmers by engaging them in the setup of satellite farming.
Ø Development of better ranching practices to curb the menace of farmers/herders crisis.
Ø Facilitate the establishment of specialized cow-feed production via an out-grower arrangement.
Ø Farmland management (currently managing 10,000 hectares of land across the south east regions of Nigeria).
Ø Inputs provisioning including fertilizers, chemicals, mechanization and value chain mechanical services.