Ambitious targets for new investors in Nigeria’s poultry sector
Diversifying its portfolio, a tech-enabled agriculture company has made a significant investment in the Nigerian poultry meat industry. It sees potential for the sector in terms of raising domestic chicken production, reducing imports, and employment opportunities for thousands of the West African state’s young people.
Nigerian-based agriculture company Agricorp International has announced investments totaling 4 billion naira (NGN; US$9.75 million) in the country’s poultry sector.
With this investment, the company has acquired production facilities in three states, reports Vanguard of Nigeria.
While its initial focus after launch was on the West African state’s spice sector…