Prizes in Nigeria Pilot Exceed Projections

March 1, 2018

hands holding kernels of corn

As of February, AgResults made its final prize payment for Year 3 of the Nigeria Aflasafe Pilot. We awarded a total of US $674,355 in prizes for 39,212MT of maize aggregated maize that was verified to be treated with Aflasafe. This is a significant increase from the US $518,359 prize payments and 29,848 MT of aggregated maize from the prior year. The 30% increase in prize payouts is an exciting update for the Nigeria Pilot and the overall AgResults Initiative.

The project faced some growing pains, with private sector aggregators facing significant challenges in access to finance that would allow them to grow. These financial constraints forced AgResults to revisit projections of the pilot in its early years. However, as aggregators adjusted to the requirements of the pilot, created better operating models, and increased their operations, aggregation levels have rebounded to reach the original levels foreseen in the business plan.  

AgResults expects Year 4 of the pilot will be another impressive year of aggregation with a projected 75,000 MT of Aflasafe™ treated maize aggregated, equating to US $1,400,000 in prizes. In addition to the increased projections, the Pilot paved the way for a new project to scale Aflasafe™ to 11 countries in Africa.

Recent News & Blog Posts

men and women gathered in a circle talking outside

Engaging Women’s Producer Organizations in Senegal to #InspireInclusion

March 7, 2024

The AgResults PM Team recently met with the Ndjoudien Women Producer Organization in the Kaffrine region of Senegal.…

People sitting at Africa Food Forum stage talking

AgResults and Land O’Lakes Venture37 Reflect on Gender Inclusion in Tanzania at #AGRF2023

September 12, 2023

When food systems are inclusive, understandable they are stronger, more resilient, and more sustainable. But the question of…

Poster with headshots of who is speaking at Africa Food Systems Forum

Exploring Gender Inclusion in Tanzania’s Dairy Sector at #AGRF2023

August 28, 2023

Building better food systems demands that youth and women play a central role—that’s what Africa’s Food Systems Forum…

Photo of people on a stage

AgResults Indonesia Aquaculture Challenge Project Announces Year 2 Prize Winners

June 13, 2023

To mark the end of a successful second year, the AgResults Indonesia Aquaculture Challenge Project held a series…