Commercial Meat Processing/Marketing in Lagos

ESOSA Investments Ltd. is a small-scale meat processor operating in Lagos, Nigeria. 

In 2015, the CFC provided a USD 120,000 loan to support ESOSA in (i) acquiring additional processing equipment, (ii) increasing its profit and product diversification by introducing a range of new snacks, pastries etc., and (iii) strengthening its local supply chains by providing 100 pig farmers with improved breeds and training in improved animal husbandry. 

The intervention was expected to create new employment opportunities for approximately 500 farmhands. In addition, Fulani nomadic cattle herders were expected to benefit from enhanced commercial beef production.

The investment was undertaken to contribute to improved livelihoods by supporting around 100 farmers through training and the distribution of approximately 360 piglets. This was expected to enhance productivity and diversify incomes, with projected monthly income increases from about USD 1,500 to USD 2,200. The project was also expected to support employment generation, with up to 500 jobs anticipated along the value chain.

SDGs