+234.805.656.4693 info@kasavex.com

Strategy

Kasavex / Project Oya will provide the market and the consistent technology transfer required to increase yield as well as total acreage of land under cultivation.

We believe in aggregating smallholders into larger farms, and where applicable increasing the acreage of land under cultivation. These larger farms will be supported by Kasavex. We will therefore provide technical and mechanical support and intervention

Kasavex will purchase the produce of these farms at pre-agreed prices guaranteeing their continued operations.

Cassava produced and procured will feed a 4-ton-per-hour cassava starch production plant which we aim to set up with funds received. Our plant will produce 96 tons of starch per day for consumption within the domestic market comprising the beverage, food and pharmaceutical industries to name a few.

Key to achieving this aim will be our integrated cassava root plantation, which will supply 50% of the cassava root requirement of the starch plant. This will guarantee the viability of the processing plant. The additional 50% of cassava root will be sourced via our out-grower’s™ scheme.

We also intend to integrate a waste treatment plant for biogas generation which will produce green energy from the waste bi-products of the processing plant. This will also be used to power the processing plant and dry the cassava starch produced.

 

Our proposal combines proven and tested technologies as well as processes that we will deploy to solve poverty challenges.

Previous schemes have focused on improving the yield from farmer’s little plots of land, without either increasing the total quantity of land under cultivation or providing a market for the increased yield. A further consequence of such focus has been the perpetual fluctuation in the supply of cassava tubers from one year to another.

Project Oya will address all these short comings.

Project Update

We commissioned a world-leading agricultural consultancy (LMC) to look at the potential of the cassava starch industry in Nigeria. The report was submitted in March 2015 and it concurs with our view of the demand for starch in Nigeria and existing capacity constraints.

Consultation with some of the existing starch companies and industry stakeholders in Nigeria have been undertaken to learn from their mistakes.

Visitation and consultation with owners of cassava plantations in Nigeria have been undertaken and commitments to supply high yield seeds obtained.

100 hectares of land where both the starch processing and waste treatment plants will be located have been purchased.

2000 hectares of land has been leased for 20 years for the initial plantation to guarantee the required raw material for the first few years of operation.

  • Satellite imagery of the community has been procured to aid our planning.
  • Turnkey providers for the starch processing and waste treatment plants, both of whom are based in Europe have been selected.
  • Architectural drawings of all required structures have been completed.
  • A Bill of Quantity has been emplaced for all infrastructure expenditure.
  • Partners within the agricultural sphere have been lined up.
  • Process to identify possible out-growers in the vicinity of our proposed location has commenced
  • A commitment for an initial funding of $10m has been secured from a first class bank.

Performance Measurement

A team of renowned socio-economists, land use experts and sociologists will be employed to collate baseline data of all parameters necessary for us to be able to access and report on the social impact of our operations on our community. They will in turn enumerate these at agreed milestones in line with our reporting requirements.
Our social impact will be assessed on:
Employment/Income characteristics, Infant mortality, Number of children in school, Lifestyle change, Changes in community infrastructure, Inflow and Outflow of seasonal workers, Population change, Relocated population, Industrial/Commercial diversity, Attitudes towards Project, Changes in Land use pattern and so on