Cavista Holdings Convenes Multi-Stakeholder Workshop to Drive Cassava Industrialization in Nigeria.

Cavista Holdings Convenes Multi-Stakeholder Workshop to Drive Cassava Industrialization in Nigeria.

Nigeria’s cassava industry is poised for transformation following a strategic workshop organized by Cavista Holdings. The event, held just a day after Minister of Agriculture Abubakar Kyari’s visit to Agbeyewa Farms, brought together key government agencies, financial institutions, agribusiness leaders, and development organizations to address challenges and opportunities in the cassava value chain.

Workshop Objective:

The workshop aimed to identify bottlenecks in cassava production, financing, and processing while exploring practical solutions to enhance farmer productivity, industrial-scale processing, and market expansion. Stakeholders engaged in in-depth discussions on agricultural financing, mechanization, logistics efficiency, and value addition, all geared toward positioning Nigeria as a leader in cassava processing.

Key Participants and Stakeholders:

The event saw participation from the Nigeria Agricultural Development Fund (NADF), Nigeria Cassava Investment Accelerator (NCIA) led by Lagos Business School (LBS) and Cavista Holdings, among others. The Chief of Staff to the Ekiti State Governor, Niyi Adebayo, represented the state government and highlighted ongoing initiatives to boost cassava production and agribusiness development.

Challenges and Opportunities in Nigeria’s Cassava Industry:

Nigeria is the largest cassava producer globally, with 14 million smallholder farmers cultivating the crop. However, processing remains the sector’s biggest constraint, with only 10 percent of cassava production transformed into value-added derivatives such as starch, bioethanol, and high-quality cassava flour (HQCF).

Prof. Doyin Salami of Lagos Business School emphasized that farmer aggregation is critical to unlocking financing and improving productivity. By organizing smallholder farmers into structured groups, access to credit, mechanization, and technical support can be significantly improved.

Investment and Industrialization Roadmap:

The Nigeria Cassava Investment Accelerator (NCIA) outlined a strategic roadmap to drive investment into cassava processing, aiming to mobilize $300 million to unlock $1 billion in value. Key investment areas include:

• Sweetener Processing Expansion – $500 million

• High-Quality Cassava Flour Optimization – $100 million

• Cassava Bioethanol Integration – $420 million

Stakeholders agreed that these investments must be supported by financing, policy incentives, and market linkages to enhance cassava processing capacity and competitiveness.

Nigeria Agricultural Development Fund’s Role in Financing Cassava Industrialization:

The Nigeria Agricultural Development Fund (NADF) is playing a crucial role in addressing the financing challenges within the cassava industry. As a key stakeholder in the workshop, NADF reaffirmed its commitment to supporting five million farmers through private-sector partnerships aimed at increasing access to mechanization, improved inputs, and capital.

Nasir Ingawa, Head of Partnerships at NADF, emphasized that limited access to financing remains one of the biggest barriers to productivity and industrial-scale processing. To bridge this gap, NADF is working to develop tailored financing solutions that will enable smallholder farmers and agribusinesses to scale operations, adopt modern agricultural practices, and integrate into larger value chains. By facilitating access to funding, NADF aims to drive sustainable growth, enhance food security, and unlock Nigeria’s cassava processing potential.

Ekiti State Government’s Commitment to Agricultural Development:

Ekiti State’s Chief of Staff, Niyi Adebayo, outlined the government’s land-clearing initiative, which has opened 5,000 hectares for young farmers. Additionally, the state has introduced mechanization and agribusiness programs for over 3,000 youth, aligning with national goals to increase agricultural productivity and employment.

Private Sector Role in Scaling Industrialization:

Agbeyewa Farms, leading agro-allied company and home to Nigeria’s largest cassava plantation is actively driving innovation within the country’s cassava industry. With a focus on agricultural mechanization, value chain development, and rural enterprise growth, the company is leveraging data-driven insights to enhance its outgrower engagement and logistics efficiency. However, stakeholders emphasized that achieving large-scale cassava industrialization requires broader private-sector collaboration. Expanding processing infrastructure, strengthening supply chain networks, and improving access to financing will be critical to unlocking the full potential of Nigeria’s cassava sector.

Workshop Outcomes and Next Steps:

The workshop concluded with a commitment to concrete action plans across four key areas:

1. Strengthening Farmer Aggregation – Developing structured outgrower models to increase financing access, mechanization adoption, and productivity.

2. Scaling Up Processing Infrastructure – Mobilizing investment for industrial-scale processing plants to expand cassava’s value-added potential.

3. Improving Logistics and Market Access – Addressing inefficiencies in storage and transportation to reduce post-harvest losses.

4. Policy and Investment Facilitation – Engaging policymakers and financial institutions to create an enabling environment for cassava industrialization.

In Conclusion:

The Cavista Holdings-led workshop has set a clear path forward for transforming Nigeria’s cassava industry. By fostering collaboration between government agencies, financial institutions, agribusinesses, and development organizations, the workshop has laid the groundwork for scaling up financing, improving processing capacity, and increasing global competitiveness.

With continued investment and policy support, Nigeria is well-positioned to become a leader in cassava processing, unlocking billions in economic value, creating jobs, and strengthening food security.