Monday, March 8, 2021

Dizengoff, Others Set Up Greenhouse Farming Fund

Dizengoff Nigeria has partnered with Best Foods Fresh Farms Ltd and Apel Capital & Trust to set up an agriculture investment fund to finance modern greenhouse farming.

The fund is a development programme that is aimed at contributing to food security and to encourage farmers to embrace modern agric techniques and to introduce them to greenhouse farming.

The main purpose of establishing the modern greenhouse farm, is to create a profitable state-of-the-art functional structure in the center of the West African commercial capital, by providing simple innovative and effective farming methods to produce and supply high quality, fresh produce not just to our outlets, but to the broader market of Lagos Metropolis.

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Apel Capital & Trust will act as Trustees of the Fund for the Project. Therefore, your investment will go into operating greenhouses and open field cultivation of short-term horticultural produce for both the Lagos market and environs.

The Chief Executive/Country Manager, Mr. Antti Ritvonen said the partnership was to provide technical assistance.

As part of the project, 10 units of greenhouses would be set up and delivered to Best Foods Farm at Igbodu, Epe, where they also own a farm while Apel Capital & Trust would act as Trustees of the project’s fund.

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