FMN invests over N300m in food innovators
Flour Mills of Nigeria has invested over N300m in 11 innovators through its Prize for Innovation initiative to accelerate sustainable food systems in Niger Read More: https://punchng.com/fmn-invests-over-n300m-in-food-innovators/
Flour Mills of Nigeria has invested more than N300m in 11 innovators through its FMN Prize for Innovation initiative, aiming to accelerate sustainable food systems in Nigeria and Africa. Launched in 2021, the initiative has provided financial, technical, and strategic support for solutions in food production and processing. The company, operating in grains, sugar, cassava starch, feeds, protein, edible oil and fats, aims to strengthen food security through innovation, local content development, and investments across critical agricultural value chains.
The prize has seen winners like Urban Akwu Agro-allied Limited and Eupepsia Place Limited for reducing food production losses and improving value chains, and Kiyoko Foods Limited for converting cassava into nutrient-rich cheese balls.
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Also reported by 1 other outlet
- FMN invests over N300m in food innovators punchng.com
