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When Alexander Zanders stood on a patch of land in Oyo State in 2015, he planned to build a simple processing plant. But as the naira plunged, importing machinery became impossible. Forced to pivot, Zanders bought 100 acres, started farming himself, and ran a small experiment supplying 15 local maize growers with inputs on credit. The result? Crop yields tripled, farmer revenues doubled, and Zanders extracted the financial signals hidden in the soil. In this feature, OPEYEMI KARREM tells the sto
In 2015, Alexander Zanders stood on 2,000 acres of land in Oyo State, southwestern Nigeria, recently gifted to him by his grandmother. The land coincided with Zanders’ burgeoning interest in agriculture, and as he began considering how to commercialise it, he noticed streaks of white powder lining the roadsides surrounding the property. It was cassava. Local farmers were harvesting the crop, processing it, and sun-drying it before turning it into garri—a dietary staple across Nigeria. An entrepr
“My initial goal was simply to build a cassava processing plant because I figured that the local population would feed the plant, and I’d be able to make money from there,” Zanders told TechCabal in an interview in August.
Zanders had not originally come to Nigeria to farm. He founded his first company in 2011 while still an undergraduate, capitalising on supply-chain disruptions following the Japanese tsunami. He bootstrapped an export business that generated over $15 million in sales across Nigeria, Dubai, and the Caribbean. A subsequent venture into real estate, however, failed miserably.
本文为英文资讯,中文内容由机器翻译生成,仅供参考。详情请阅读文末原文。
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来源:TechCabal Africa (https://techcabal.com/)
原文链接:https://techcabal.com/2026/09/24/the-6-8m-credit-engine-hidden-inside-a-nigerian-cassava-patch/
转载请遵守原发布方版权与引用规定。 |
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