Mainbridge Commodities has acquired 55% equity stake in GAFCO Limited (“GAFCO”). GAFCO is a Nigerian agricultural development and production company focused on the aggregation of produce for onward sale to the local and export markets.
As part of the reorganisation of Messrs Bola Adefehinti and Nadeem Hyatt of Mainbridge Commodities have joined the Board of GAFCO.
The acquisition is a precursor to Mainbridge Commodities Limited’s plans to develop high volume production programs, via the aggregation of small holder farmers and their produce, across the Country.
