♫musicjinni

Nigeria Is The Biggest Cassava Producer In The World. Why Isn’t It Cashing In On The Global Market?

video thumbnail
Nigeria grows 63 million metric tons of cassava (also known as yuca or manioc) every year, but most of the country's supply is eaten locally as fufu or garri. Experts say Nigeria could be missing out on billions in exports of lucrative cassava products like bubble tea pearls, starch, or ethanol. Challenges along the country's entire supply chain have caused hundreds of millions of dollars in cassava spoilage. But one entrepreneur, Yemisi Iranloye, thinks she has the solution. She's introduced higher-yielding seed varieties and moved processing plants closer to farms. Now, her farmers earn four times more for their product, and her cassava starch and sorbitol have landed her clients like Nestle and Unilever. Could Yemisi's model be the way for Nigeria to feed itself and cash in on exports?

0:00 Intro
1:48 History of cassava
2:58 Growing issues
5:42: How garri and fufu are made
6:54 Transportation issues
7:36 How cassava is processed
10:06 Global demand is so high for cassava


MORE BIG BUSINESS VIDEOS:
How Used Luxury Watches Became A $20 Billion Industry | Big Business | Insider Business
https://youtu.be/BgdxjmGN7B4
How 23 Foods Get To The Grocery Store | Big Business | Insider Business
https://youtu.be/4ArVvrhhnyI
How $2,500 Fedora Hats Are Made | Big Business | Insider Business
https://youtu.be/GRP5-WXuFHw

------------------------------------------------------
#Nigeria #BigBusiness #InsiderBusiness #africa #farming #yuca #bigbusiness

Insider Business tells you all you need to know about business, finance, tech, retail, and more.

Visit our homepage for the top stories of the day: https://www.businessinsider.com
Insider Business on Facebook: https://www.facebook.com/businessinsider
Insider Business on Instagram: https://www.instagram.com/insiderbusiness
Insider Business on Twitter: https://www.twitter.com/businessinsider
Insider Business on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143
Insider Business on TikTok: https://www.tiktok.com/@businessinsider

Nigeria Is The World's Biggest Cassava Producer. So Why Doesn't It Make Money Off Exports?

Cement Tiles Are More Expensive Than Ever. Why Can’t Some Artisans Stay In Business? | So Expensive

Why More Young People Are Getting Cancer | Business Insider Explains | Insider News

What Happens When The US Debt Reaches Critical Levels? | Business Insider Explains

How This 300-Year-Old Pastel Stick Maker Creates Nearly 2,000 Colors — More Than Its Competitors

How Hoka Became One Of The Fastest Growing Shoe Brands | Business Insider Explains

18 Surprising, Billion-Dollar Food Industries | Business Insider Marathon

24 Surprising Billion-Dollar Industries | Big Business Marathon | Insider Business

Why Japanese Kanzuri Chile Paste Is So Expensive | So Expensive | Business Insider

How Counterfeit Rolexes Actually Work | How Crime Works | Insider

10 Fascinating Jobs That Keep New York City Running | Business Insider Marathon

How Cocaine Is Made in Colombia With Bootleg Gasoline | Risky Business | Insider News

What Happens When King Charles III Dies? | Business Insider Explains

21 Fascinating Industries Around The World | Big Business | Insider Business Marathon

11 Of The Most Faked Foods In The World | Big Business | Insider Business

Why This Obsolete Mechanism Makes Watches More Expensive | So Expensive | Business Insider

23 Fascinating Jobs Around The World | Big Business Marathon | Business Insider

Why Calligraphy Inkstones Are So Expensive | So Expensive | Business Insider

41 Essential Items An Army Artillery Soldier Brings To Battle | Loadout | Business Insider

Why Oboes Are So Expensive | So Expensive | Business Insider

12 Riskiest Jobs In The World | Risky Business Season Marathon | Insider News

Sneaky Ways Fast Food Restaurants Get You To Spend Money

Risking Death in the Name of 'Natural Viagra' | Risky Business | Insider News

Why Childcare Has Become So Unaffordable | Business Insider Explains | Business Insider

From Bitcoin To Alt Coins And Meme Coins, What Crypto Are Worth The Hype And What's Not

Inside the US Factory Making Ukraine’s Most Important Ammo | Big Business | Insider Business

10 Fascinating Transportation Industries | Big Business | Insider Business

Why Miners Risk Their Lives To Get Sulfur From An Active Volcano | Risky Business

How Bitcoin Prices Are Affected By The 'Halving' | Business Insider Explains | Insider News

How People Profit Off India’s Garbage | World Wide Waste | Business Insider

Why Benitoite Gemstones Are So Expensive | So Expensive | Business Insider

Disclaimer DMCA