Nutreco announced that it has received a
US$4.8 million grant from the Bill & Melinda Gates Foundation. The company
will invest funds in roll-out of sustainable feed mills in hard-to-reach
Nutreco, part of the SHV group of companies, and a global animal nutrition leader based in the Netherlands, has received a US$4.8 million grant from the Bill & Melinda Gates Foundation. The grant is to accelerate the implementation of localized, sustainable complete feed production in sub-Saharan Africa, driving forward Nutreco’s purpose of Feeding the Future.
Compound feed production across the continent is some of the lowest in the world, and some of the most expensive due to inefficiencies and infrastructure challenges. As a result, small-scale livestock producers face declining incomes and uncertain futures, unless they gain access to quality animal feed.
The US$4.8 million grant will directly fund 21 Hendrix4U complete feed production projects initially in Ghana, Ivory Coast, Nigeria and Uganda. Hendrix4U provides a ‘factory-in-a-box’ for rural areas ensuring access to quality compound feed production for small-scale producers, in a financially sustainable way.
This is one of the first investments from the foundation in the animal feed space - a powerful endorsement of the extensive work done to date by Nutreco.
The 37 Hendrix4U projects in total, which all include a full-service package for small-scale feed production, will not only improve local feed value chains, but also critically improve the profitability of over 15.000 poultry and dairy producers.