Nigeria: Artee to work closer with small scale farmers
To achieve this, Artee, who owns franchises of SPAR and Park ‘n Shop, will be investing heavily in real estate by developing shops and malls. The shops will be in hyper format units with 400-500 shops located within each shopping outlet.
“We are setting up base in Nigeria to work with real estate developers to establish various formats of SPAR outlets and encourage our employees to grow within,” Haresh Keswani, the group Managing Director said.
As part of its business plan, Haresh revealed that Artee group will be setting up infrastructure to co-ordinate various small scale farmers to add value to their products and stores through packaging and supply.
“This alone has benefited the farmers by reducing drastically their losses which occur as a result of poor transportation and lack of suitable packaging. It also benefits the consumers through better pricing. This is a continuous programme focused on processors, not only our employees but SMEs who aspire to adopt global standards. We also assist SMEs with loans from banks.”
Since its foray into the Nigerian market in 2008, Atree group has become one of Nigeria’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Artee, the group’s subsidiaries are also present in manufacturing, real estate, exports among many others.
Source: ventures-africa.com
