Ada Osakwe joined the One Acre Fund board in 2017. She is the Founder and Chief Executive of Agrolay Ventures, an investment firm targeting early-stage agribusiness and food-related companies and projects in Africa. She is also the founder of Nuli Juice, a farm-to-table restaurant chain in Nigeria that works to create markets for smallholder farmers.

Agrolay Ventures

Agrolay Ventures is a private investment firm dedicated to growing the agriculture and food sectors in Africa. We are a venture capital investor in early-stage agribusiness and food-related companies and projects that seek to redefine the food production and retail opportunity across Africa’s large consumer markets.

Our team has deep experience in entrepreneurship, venture capital & private equity investing, food product development, investment structuring and strategy consulting across Africa, uniquely positioning the firm to exploit and harness the vast opportunities of the African food landscape.

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Beauty Manake – CEO Kungo Farms

Kungo Vegetables, a 35-hectare farm on which we produce vegetable and have plans to venture into full-time fruit production after a successful pilot with mango, orange and grape fruit trees.

Pii Jena Ranches, a 3600-hectare livestock farm where produce calves that are better adapted to local farming conditions by crossing temperate with indigenous breeds of cattle to achieve more vigor.

Kungo Consultants, a newly formed agribusiness marketing consulting company through which we aim to redefine how consumers view farm fresh products; and positioning them as a more nutritious, healthier and more attractive choice.

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We chatted to talented food editor of Bona magazine, Ntwenhle Gcabashe, and promptly invited her to present the first Spekko rice sponsored Kasi Kitchen series on Soweto TV. Ntwenhle – is not only the food editor for Bona, but she also has great foodie Facebook page: In the Kitchen with Ntwenhle Gcabashe. This girl has gone places with her tasty talent that most of us only dream about. After completing a diploma in hospitality at the ML Sultan Technikon in Durban (now DUT), she worked as a chef at Disney World in Florida in the USA for 12 months. She then worked as a chef on the picturesque Guernsey Island for five years. Returning to South Africa in 2008, she convinced Sbu Mpungose, the then Bona editor, to appoint her as food editor. And she’s never looked back.

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“Young Nigerians do not want to dirty their hands anymore, and it just shocks me.”

This is according to Cynthia Mosunmola Umoru, a Nigerian woman who has spent the last 10 years building her entrepreneurial career within agriculture.

She started Honeysuckles PTL Ventures straight out of college, and today the business is engaged in farming, food processing and distribution. The company runs its flagship retail outlet Farmshoppe in Ikeja, Lagos offering a wide range of farm produce, including poultry products, eggs, snails, catfish and vegetables.

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David Morfaw, 20, is the only Cameroonian that will be receiving the prestigious Queen’s Young Leaders Choice Awards in 2016.

He is the founder and managing director of Poult-Vault Inc, one of Africa’s fastest growing agriculture business. David’s company which he started in 2011, sells life and frozen chicken of different sizes, uses chicken waste to make biogas for household and make feather pillows from chicken feathers. This company also provides a credit and schooling scheme for women, youths and school kids.

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56-year-old Peggy Moele is one of the few women in South Africa practicing aquaponics and aquaculture-agriculture in her 10 hector veg and fisheries farm.

The new system of aquaponics and aquaculture has helped Peggy win awards and getting much recognition and a helping hand from the Department of Agriculture, forestry, and fisheries in her country, South Africa.

She was one of the few women of a group of farmers funded to go on an excursion tour and workshop in chines province to learn about the modern solutions to organic farming and fisheries in early 2017.

Khethiwe Mndawe interviewed Peggy Moela after receiving her award as woman farmer of the year in her municipality and nomination nationally at the Woman in agriculture awards 2017.

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Afua Osei and Yasmin Belo-Osagie — co-founders of the media and events company SheLeadsAfrica — coined the moniker to refer to members of their fast-growing online sisterhood of millennial urban women united by a shared ambition to build businesses or carve fulfilling careers. Judging by the crowds at their SheHive networking events in Lagos and Abuja, the duo appear to have identified a big market for the inspirational content on their website and the support they offer start-ups.

Whether such enthusiasm will seed significant numbers of viable businesses will be a bellwether of possible transformation in Nigeria. Ms Osei and Ms Belo-Osagie are cheerleading a new generation familiar with networking on social media who are determined to defy the patronage-based norms of a society where success has traditionally hinged on finding a powerful patron, known colloquially as a “godfather”.

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