IFGREEN was incorporated in 2016. The production of our fast-moving goods started in 2019 while we commenced production of Food Grade Starch and High-Quality Cassava Starch in 2021.
We are positioned to help solve the huge supply gap for Cassava Derivatives such as Food Grade Statch and Food Grade Flour.
According to the Central Bank of Nigeria (corroborated by PwC), the current total market capacity/supply of industrial derivatives in Nigeria is estimated to max out at $28.8 Million. The demand on the other hand is estimated to be about $ 600 Million/annum.
Our proposed expansion (the addition of a 30 M/Tons/Day to the existing 12M/Tons/Day) is geared at reducing the supply deficit in the market and help create jobs and opportunities for the smallholder farms in our value chain. As the demand-supply gap narrows, the cost of products dependent on these derivatives will drop too.
We are focus is not only on profit but on our people and the planet as well.