• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Agriculture

How Green Gold Africa is helping farmers develop the business side of agriculture

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
October 2, 2021
in Agriculture, Business News, Startup Founders
How Green Gold Africa is helping farmers develop the business side of agriculture
Share on FacebookShare on TwitterShare on Linkedin

It is funny how the agricultural sector is that place where you can find some of the richest people, and also find some of the poorest people. The difference is not in the farming skill, but in the business skill, the structure and the people. As a business, Green Gold Africa is an agritech organisation focused on driving trade and investments into the agricultural sector to boost profitability for small and medium-scale players.

CEO of Green Gold Africa, Gideon Isaac Omoyibo, explained on the Nairametrics Business Half Hour that a lot of people go to learn different farming skills while ignoring the business part of it. “We help small holder farmers, agri-businesses and grassroot communities by focusing on the components and business structure that will make the organisation succeed and run properly”.

As a technology-driven agricultural platform, Green Gold Africa has a vision to eradicate food insecurity in Africa, and a large part of this vision will come from investing in commercially viable enterprises with strong growth potentials.

RelatedStories

Niger state ‘generated N600 billion’ from agriculture in 2024 – Governor Umaru Bago

Niger state ‘generated N600 billion’ from agriculture in 2024 – Governor Umaru Bago

January 16, 2025
rice seeds

Agriculture employs over 25 million Nigerians, accounts for 30.1% of total workforce – NBS  

September 25, 2024

Omoyibo recounted that he decided to venture into this space after giving out loans to market women and cluster groups in the agricultural sector for over a decade and observing that people rarely used the loans for the designated purpose. After working some months, he ventured out on his own offering small loans to farmers and market women to boost their businesses.

“The vision is to eradicate food poverty but I noticed that when some of these people take loans and use it for other purposes that are totally unrelated to the vision. That prompted me to start thinking about ways we could be more involved directly and have a direct impact on the agricultural sector. The model of the business has changed from handing out cash to market women, to working on the structures and helping to make food available to people at affordable price,” he explained.

To get things started in 2017, they started with retail and trading of agricultural products sourced from farms across Nigeria. Although this was an easy way to enter the space, this would be their first move to help farmers minimise post-harvest losses that come from not having a market to sell their goods.

Post-harvest loss is one of the reasons farmers do not get corresponding returns for the efforts they put into farming. Most of the farmers are unable to mobilise the logistics to get their products to the consumers. If all the products can be moved from the farms to the consumers in a short time, the losses will be minimised, in goods and in cash. Getting the food to the consumers in time was also part of a bigger plan to make food available and affordable.

Subsequently, Green Gold Africa moved backwards into processing and packaging. Recently, the firm also ventured into the planting of cassava, which would subsequently be processed into other produce.

Although Green Gold Africa has been bootstrapped since inception, its doors are now opening to partnerships and collaborations, as the founders want to build it into a platform where other businesses and stakeholders can plug into and collaborate rather than compete.

Tags: AgricultureGideon Isaac OmoyiboGreen Gold Africa
Ruth Okwumbu-Imafidon

Ruth Okwumbu-Imafidon

Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

Related Posts

Niger state ‘generated N600 billion’ from agriculture in 2024 – Governor Umaru Bago
Agriculture

Niger state ‘generated N600 billion’ from agriculture in 2024 – Governor Umaru Bago

January 16, 2025
rice seeds
Agriculture

Agriculture employs over 25 million Nigerians, accounts for 30.1% of total workforce – NBS  

September 25, 2024
Poultry farm
Agriculture

Half of poultry farms in Oyo state have shutdown – Association’s Chairman 

August 14, 2024
company Income Tax (CIT)
Economy

Companies pay less tax in the first quarter of 2024 as economy worsens 

June 21, 2024
Food, commodity inflation, food insecurity
Economy

Food inflation: Nigeria loses 60 to 70% of its food produce to bad roads, others – Tinubu

June 18, 2024
Highest-paying sectors in Nigeria as of 2023
Economy

Five largest sectors in the Nigerian economy as of Q1 2024

May 29, 2024
Next Post
Blockchain, NITDA , NYSC

Steps to take to bag a job after NYSC

Comments 3

  1. Aliyu Abdullahi says:
    October 3, 2021 at 7:24 am

    Good morning, very good investment.

    Reply
  2. Aliyu Abdullahi says:
    October 3, 2021 at 7:32 am

    Good morning, this is very good Agribusiness investment so far.

    Reply
  3. Jiddah Yusuf says:
    October 4, 2021 at 5:10 am

    How do I get in contact with Green Gold Africa

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • 10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 
  • Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 
  • HealthCap Africa launches HealthTech Unicorns Report 2.0 in Lagos, charts bold future for Africa’s health innovation

Follow us on social media:

Recent News

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

July 12, 2025
Geregu Power PLC wins “Most Compliant Listed Company” at 2024 Made of Africa Awards  

Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics