Formulation and fertilizer distribution for smallholder farmers - Côte d'Ivoire

Founded in 2010, AGRITEC S.A. is a distributor of agricultural inputs (insecticides, herbicides and fungicides) and equipment (irrigation and spraying systems), based in Abidjan. The company has established a network of 60 sales outlets reaching up to 300,000 farmers across the country, providing them with crucial products for the increase of their productivity.

To improve access to fertilisers for smallholder farmers located in remote areas, AGRITEC sought to build a dry bulk fertiliser blending and packaging station in Yamoussoukro. Partnering with Coris Bank, CFC provided a USD 1,100,000 loan. This will provide resources for capital expenditures associated with the factory building and the purchase of relevant equipment. The successful project completion is expected to create 120 new jobs, while it is estimated that smallholders’ productivity, accessing AGRITEC’s inputs, will increase by 38%, resulting in a significant increase of their incomes. 

SDGs