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Ndidi Nwuneli on pivoting your business in the face of Covid-19.

Ndidi Nwuneli is the Managing Partner of Sahel Consulting which works across West Africa, unlocking the agriculture and nutrition potential in the region. She is also the co-founder of AACE Foods, which was established in 2009 to fight malnutrition, reduce post-harvest losses among smallholder farmers and displace imports. She is the founder of LEAP Africa which inspires, empowers and equips a new cadre of principled, disciplined and dynamic young leaders in Africa. With over 20 years of experience, Ndidi has been instrumental in launching and reviving multiple businesses across the Continent.

Ndidi was recognized as a Young Global Leader by the World Economic Forum and received a National Honor from the Nigerian Government. Ndidi is also the author of “Social Innovation in Africa: A Practical Guide for Scaling Impact," published by Routledge.

Good morning, We are going into cultivation, growing and processing fresh tomato into tomato paste. Strategically, backward integration will be one of the key to our company success, growth and sustenance. No firm or company in Nigeria and indeed in West Africa who is presently producing tomato paste through backward integrated farming methodology or any other method. All the tomato paste consumed in Nigeria are all imported and repackage in smaller sizes with branded names. Nigeria consume more than 200,000 tonnes of tomato paste annually and, all are imported and, in quite majority of cases the imported tomato paste fails to meet international standard quality. The size of the plant is 1,200 tonnes of fresh tomato process into tomato paste per day per season. We are working with an experience Italian tomato paste production company. The company is Fenco, the company will supply, install, managed and maintain the machines for a period of 5 years. Also, we are working with a Israeli agronomist, irrigation and green house company to achieve high yield per hectare of minimum of 80 tonnes to maximum of 180 tonnes of yield per hectare. We have develop a relationship and are in negotiation with an off taker, a renown company with popular consumer brand. Our annual production is 23,040 of tomato paste per planting season of 120 days per year. We require $ 28 million usd to buy, install all the machinery for the tomato paste production machines, tractor machine, 1,2 megawatt gas generating set, construction of factory building, including offices and furniture supply and fitted, staff quarters for farm workers to reside inclusive of the civil work. We require equity and debt investment as a method of financing the project. The project is profitable with Internal rate of return IRR of more than 40%. The investment payback is 4 years. To be frank and candid your understanding, support, assistance and advise is a prerequisite and will be highly appreciated and we would be immeasurable grateful to work with you. We look forward to hearing from you, Sincerely, Andrew
Andrew Oseni

Kando Shipping at Kando Shipping - Nigeria