Fayus Inc : expansion opportunities in Nigeria / McEdward Murimbika, Clare Mitchell, Claire Beswick.

Format:

Book

Author/Creator:

Murimbika, McEdward, author.

Mitchell, Clare, author.

Beswick, Claire, author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Business planning--Case studies.

Business planning.

Palm oil industry--Nigeria--Case studies.

Palm oil industry.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : Wits Business School, 2024.

Summary:

It was January 2024, almost 13 years since Fayus Inc., a US-based distributor of Nigerian food products, had started investing in oil palm plantations in Nigeria. The project was progressing well and included a plan to build an oil palm processing mill so that Fayus would own a fully vertically-integrated oil palm business by 2027. Fatai Yusufu, who had founded the business in 1992 and grown it into a global enterprise, now had the opportunity to expand the plantation by a further 5,000 hectares (almost doubling its size). Doing so would help to secure the supply chain for his business, as well as provide much-needed employment for local communities in Edo State where the plantations were located. But it also presented several risks for the business, and Yusufu had to decide whether to expand, or whether it was safer to maintain the status quo.

Notes:

Description based on XML content.

ISBN:

979-83-488-5061-6

OCLC:

1569208700

Publisher Number:

T300874