Company will invest funds in roll-out of sustainable feed mills in hard-to-reach communities
Nutrecohas received a US$4.8 million grant from theBill & Melinda Gates Foundation, which will be used to accelerate the implementation of localized, sustainable complete feed production in sub-Saharan Africa.
Compound feed production across the continent is some of the lowest in the world, and some of the most expensive due to inefficiencies and infrastructure challenges. As a result, small-scale livestock producers face declining incomes and uncertain futures, unless they gain access to quality animal feed.
'Factory-in-a-box' designed for small-scale producers
The US$4.8 million grant will directly fund 21 Hendrix4U complete feed production projects initially in Ghana, Ivory Coast, Nigeria and Uganda.
Hendrix4U provides a ‘factory-in-a-box’ for rural areas ensuring access to quality compound feed production for small-scale producers, in a financially sustainable way.
This is one of the first investments from the foundation in the animal feed space. Since 2018, the business has tried and tested the implementation of 16 Hendrix4U projects, demonstrating its critical impact for producers.
The 37 Hendrix4U projects in total, which all include a full-service package for small-scale feed production, will not only improve local feed value chains, but also critically improve the profitability of over 15.000 poultry and dairy producers.
Training and education also available to feed-producing distributors
“More than half of the projected global population growth in the coming decades will take place in Africa, and many will face food insecurity and hunger if no innovative solutions are developed to increase the sustainable production of food in the region," Nutreco CEO Fulco van Lede said.
"Today’s grant funding serves as validation of the work we are doing in Africa to equip producers with the right tools to future proof their livelihoods – and as a result, ensure high quality food and produce is accessible for communities throughout the continent.”
In addition to the facilities themselves, feed-producing distributors gain access to training and education in the following fields:
Based in The Netherlands, Nutreco partners and supports organizations around the planet to ensure it can play its role in Feeding the Future.
Across the African continent, Nutreco is active in over 40 countries with teams present in 15 countries, with over 500 people dedicated to both aquaculture and animal nutrition.
Jul 08, 2022
Jul 08, 2022
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