Africa imports close to 9 million metric tonnes of rice each year – a significant portion of its annual consumption. Given its population growth, urbanisation and improving standard of living, rice consumption will continue to increase. While the country has abundant arable land and water resources, it has not been able to significantly increase its cultivation of rice due to fragmentation and subsistence-based farming in Africa. Olam’s fully mechanised large scale rice farm in Nigeria is producing 2 crops each year, and with gradually improving productivity we plan to scale up the size of our farm. Olam has relationships with the right partners to source optimal seeds and planting and irrigation programmes.
Olam’s experience and capabilities in Africa have helped create good value for our stakeholders, through R&D we have developed a competitive edge, especially in introducing advanced agronomic practices and increasing overall yields. Not only have we generated a more secure supply of rice for our distribution channels, but we have also provided farmers with greater access to advanced farming techniques, thereby enhancing their farm incomes and productivity.
Our team has a combined experience of more than 75 years and work tirelessly to improve yield and the livelihoods of farmers and their communities.
In 2013, The Rockefeller Foundation highlighted the rice farm as a “catalytic innovation in African agriculture”. Read more here.