Investment Summary
CLARA Farms is pleased to present you with BEYOND PALM – a Unique opportunity to invest in technology driven solutions that will help increase the maximum potential achievable in the Oil Palm Kernel value chain in Nigeria and West African markets and to yield high profitability from the processes and reduce wastage by converting 99% of the waste materials into very valuable economic products.
Clara Farms is building an agro-allied sector from the ground up by deshelling and converting oil palms into vegetable oil, livestock feed, activated carbon, eco-charcoal briquettes, bio-fertilizers and biogas.
The Problems
Small stakeholder Oil palm farmers are littered across the southern parts of Nigeria. These Oil Palm farmers focus primarily on the production of Crude Palm Oil. As a result, they produce different types of waste products, that most would discard for lack of use, while some materials would be sold for profit. The $4 billion Nigerian oil palm business is supported by nearly 3.5 million smallholder growers and because oil palms require a lot of processing capacity to extract vegetable oil, the sector is fragmented, making processing very difficult.
One of these by products sold for profit is the “Uncracked Palm Kernel Nuts”. Farmers employ crude manual methods and inefficient machinery to crack and separate Oil Palm Kernel, resulting in low-quality crude palm kernel oil that is unsuitable for high-quality vegetable oils. The biggest problem with this scenario is these small operators are not able to crack and separate the Nuts in a large commercial quantity and in a timely fashion.
During these processes other materials deemed to be waste products are mostly discarded or burnt for lack of use.
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Our Solution
Nigeria has a 60% vegetable oil deficit. And because of the country’s current import restrictions, vegetable oil demand cannot be met. Clara Farms targets this pain point by aiming to improve vegetable oil supply and demand in the country. Smallholders, who produce 80% of the available oil palm supply must be made more efficient. As a result of this, Clara Farms a Nigerian Agritech company is introducing a hardware solution – an industrial cracker and separator to boost oil palm kernel processing, productivity and profits in the Nigerian market.
The introduction of this efficient piece of technology will help smallholder farmers crack oil palm nuts and turn the waste products derived from the process into valuable items.
