The outbreak of the pandemic which has resulted in countries locking down economic activities. In Nigeria, this has had a negative effect on our business. The cost of raw materials (fresh catfish) has skyrocketed while the income flow rate has significantly dropped due to closure of major market segments of the business.
During this Covid-19 period I have had to think outside the box on how to manage the business and our people. A realization is that a lot more can be done remotely through phone, internet, social media. Meetings can be done on the internet saving money and time in travelling.
The outbreak of the pandemic has only given us encouragement that there is a greater light during these times. We have been able to connect with more businesses within the agricultural sector and we have done so through the sole power of technology and its tools available to us. This is the opportunity to become truly digital, we have to build this and the time is now. At my Company, this is what we breathe in day and night and we keep innovating ways to allow businesses connect to knowledge and
Being an agribusiness consulting and development firm, we experienced a significant increase in queries and requests for post-COVID-19 strategies – particularly when various foodstuff started running low in the country.
Following its examination of COVID-19 and the New Risks to Food Security and Nutrition, the Feed the Future Enabling Environment for Food Security (EEFS) project looked into how challenges in the enabling environment from the COVID-19 crisis have impacted food systems in developing countr...
ReadIn Zambia, a farmer is asking herself how she will buy fertilizer as the price of imported goods skyrockets. The managers of a Tanzanian flour mill are fretting about how to keep production lines in operation when they can’t source replacement parts from countries under lockdown. Outside Nairobi, the owner of a small corner shop is wondering how to maintain sales when her customers have l...
ReadAs the COVID-19 pandemic unfolded in early 2020, Feed the Future tapped into its global network of agribusiness partners to learn first-hand how they were responding in five critical business operation areas: production, sales, liquidity and financing, workforce, and decision-making. Their responses, captured in our Read
The COVID-19 pandemic has highlighted both the importance and fragility of global supply chains. From nasal testing swabs to medications, and bicycles to toilet paper, shutdowns and border controls have made it clear that businesses need to thoroughly understand where their products are sourced and how to deploy their inventories most effectively.
Read