As of 2005, Nigeria has the highest rate of deforestation in the world according to the Food and Agriculture Organization. As at 2018, Nigeria has lost 96 % of its forest and the Shea trees is one of the most endangered economic tree. Over 400,000 rural women depends on the Shea trees for survival.
Save-D-Shea is the first tech-driven Shea Afforestation platform in Nigeria, envisioned to plant 1 million Shea trees in 3 years, with Artificial Intelligence to monitor deforestation and a FinTech module to provide financial education, technology inclusion and market linkage for financially excluded rural Shea women living in extreme poverty.
Save-D-Shea is projected to generate USD1,000,000 as average annual sales revenue from Shea Afforestation, Shea Nut aggregation, Shea Butter processing and Shea merchandising with 30% profit margin on revenue, as average Return on Investment to investors; with about 1,000 Shea women empowered and alleviated from poverty before 2023.
Sectors | Agribusiness, Agritech, Manufacturing |
Location | Ilorin, Nigeria |
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