Nigeria - Business creation project

Describe your project or startup in a few words

OGV Limited is a company that is into rendering of solar drying services to smallholder farmers of perishable agricultural products across Nigeria.

01.01 Describe your project in more detail

OGV is a sustainable agriculture company that offers solar drying services and solar dryer sales and installation options to farmers, providing a cost-effective and efficient way to dry crops while reducing their carbon footprint. OGV is dedicated to advancing eco-friendly farming, minimizing inefficiencies, and bolstering the livelihoods of local agricultural communities.

01.02 What is the main problem you are trying to solve?

Nigeria suffers about 60 post-harvest losses annually in tomato production and other vegetables, stakeholders in the horticulture value chain have said. They said the losses and deficits recorded in value-chain, however, present opportunities for investment, which in turn will curb losses the country suffers yearly. The smallholder farmers in Nigeria suffer over 50% loss on their harvested agricultural products and this accrues to a loss in the Agricultural sector of Nigeria of over $9 billion.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

1. Creation of 3,000 jobs for women and youths within my target communities. 2. Serving of up to 40,000 smallholder farmers in Nigeria. 3. Saving of 1,200,000Kg of perishable agricultural products from spoilage.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

My product is the solar drying technology, a device that is used to dry perishable agricultural products using solar PV systems and direct sunlight. We provide them with a clean technology that can dry their products much faster and in a hygienic manner, without changing the color and the taste. And we have customers who are willing to pay premium prices for our products and services. Our target beneficiaries include: smallholder farmers, agro processors, households, individuals etc.

01.05 When did you start working on your project?

2021-12-10

01.06 How many other partners are associated with your business venture?

5

01.07 Among the other partners, how many are female?

2

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

OSOMOBEGBE EUGENE: He is the co-founder of Osomobegbe Global Ventures Limited. Eugene holds a B.Eng Mechanical Engineering. He is an alumni of TEF, Yunus and Youth Fellowship, tvebiomovies UK, current fellow of Clean Tech Hub, Orange Corners Nigeria. He has over 8 years working experience in the field of renewable energy, recycling industry etc. OTHMAN NENTAWEH: She is the co-founder of Osomobegbe Global Ventures Limited. Nentaweh has over 9 years working experience in the banking and financial sector. She is responsible for all the financial activities in Osomobegbe Global Ventures Limited. She is also highly skilled in working and communicating with rural women and girls. She also has a great deal of Knowledge and experience in the circular economy. JOY ADAVA: She heads operations Department for Osomobegbe Global Ventures Limited. Joy has over 10 years working experience with indigenous agricultural firms in Nigeria. She is a project management professional.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

https://ogvlimitedsolutions.com.ng/

01.10 Which industry best describes your project?

l) Agriculture

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

We contribute to this goal by creating jobs for vulnerable women and youths within our target communities of operation. Our goal is to create 3000 of such jobs using this project.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

My solution is saving perishable agricultural products from spoilage for smallholder farmers and agro processors so far we have saved over 200,000Kg of perishable agricultural products from spoilage for 4500 smallholder farmers. This year we hope to save over 1,500,000Kg of perishable agricultural products for over 10,000 smallholder farmer.

02.03.01 My project contributes to the Good health and well-being goal

6

02.03.02 Good health and well-being - Justification

My solution is preserving perishable agricultural products through dehydration, drying and processing using clean energy technology and methods. And the nutrients of the dried products are totally retained within the products.

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

Not applicable

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

My solution promotes and contributes to gender equality as women make up 85% of the workforce within our solar drying centers.

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

Not too applicable.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

My solution is solar powered. And the solar power system from the facility can be used to power homes and institutions (schools, houses, hospitals/dispensaries etc. within our target communities of operations)

02.08.01 My project contributes to the Decent work and economic growth

2

02.08.02 Decent work and economic growth - Justification

not applicable

02.09.01 My project contributes to the Industry innovation and infrastructure

2

02.09.02 Industry innovation and infrastructure - Justification

not too applicable

02.10.01 My project contributes to the Reduced inequalities goal

2

02.10.02 Reduced inequalities - Justification

not applicable

02.11.01 My project contributes to the Sustainable cities and communities goal

2

02.11.02 Sustainable cities and communities - Justification

not too applicable

02.12.01 My project contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification

not too applicable

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

My project is raising awareness about the harmful effect of climate change to our communities and environment. It is also teaching people how our actions can contribute to climate change and what actions to take to mitigate against climate change.

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

not too applicable

02.15.01 My project contributes to the Life on land goal

2

02.15.02 Life on land - Justification

not too applicable

02.16.01 My project contributes to the Peace justice and strong institutions goal

2

02.16.02 Peace justice and strong institutions - Justification

not too applicable

02.17.01 My project contributes to the Partnerships for the goal

2

02.17.02 Partnerships for the goal - Justification

not applicable

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

4

05.02 The product/service we envision creating represents an entirely new type of product/service.

4

05.03 The product/service we envision creating could be described as a new technology.

7 - Strongly Agree

05.04 The product/service we envision creating is an improvement on an existing product or service.

4

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

5

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

2

05.08 Justification

The solar drying technology I envision building is not a new technology it is an improvement on an already existing technology. All we are doing is adding more improved features with advanced functionalities. My model dries products faster and the nutrients in the dried products are retained. The color, taste, texture of the dried products remain the same.

05.09 Who are your main potential competitors and what makes you stand out from them?

My main competitors includes: 1. Coldhubs: https://www.coldhubs.com/ 2. Sosai Renewable Energies Company: https://sosairen.org/ 3. Reel fruits: https://reelfruit.com/ My competitive advantages includes: 1. Faster drying, processing and turnover time. 2. High quality dried, processed and finished products. 3. Ease of use of my solution. 4. Ability to serve a wider diverse target market. 5. Low maintenance cost of my products and services. 6. 100% solar powered solution.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

Yes I am. I am setting up and encouraging women participation in food and agricultural products processing and preservation within my target communities.