GBHub Africa invests N150m in Inyene Agro Processing Factory to reduce post-harvest losses
GBHub Africa has announced a N150 million impact investment in Inyene Agro Processing Factory Ltd, a pioneering agribusiness committed to reducing post-harvest losses and improving access to nutritious food in Nigeria.
This partnership represents a major step toward building resilient food systems and combating hunger and malnutrition in underserved communities.
Founded by Blessing Akpan, a member of the International Advisory Group at the Nutrition for Growth Summit 2025 in Paris, Inyene Agro operates a modular cassava processing facility in Akwa Ibom State and produces Vitamin A biofortified cassava flakes (Garri), a staple food that addresses micronutrient deficiencies among vulnerable populations.
The investment will enable Inyene Agro to significantly expand its processing capacity from 4 tons to 16 tons per month, diversify its product portfolio to include other cassava derivatives such as flour, starch, and animal feed to strengthen its supply chain to serve both consumer and industrial markets. This growth will create over 200 jobs, empower women and youth in rural communities, and support over 1,000 smallholder farmers with market access and training.
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Speaking on the investment, Vicenç Bosch, CEO of GBFoods Africa shared the company’s commitment to enhancing livelihoods in Africa through strategic investments in the continent’s food systems, stating, “Our connection to local communities sits at the heart of our strategy in Africa. Beyond developing products that reflect local tastes and sourcing locally, we are intentional about driving deeper, long-term impact.
“Through GBHub Africa, we are investing in local production, strengthening food systems, and supporting businesses that have the potential to transform communities at scale. This investment in Inyene Agro marks an important step in that journey, and it reflects our unwavering commitment, alongside our shareholders, to prioritising sustainable growth and shared prosperity across the continent.”
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Adding his voice, Vincent Egbe, CEO of GBFoods Nigeria, spoke to the broader structural opportunity this investment represents for Nigeria’s agricultural economy: “Nigeria is the world’s largest producer of cassava, generating over 55 million metric tons annually, yet we still import more than $500 million in cassava derivatives. This persists because rural farm output remains structurally disconnected from urban industrial demand, suppressing farmer incomes and placing unnecessary pressure on the Naira. Closing that gap is precisely why GBHub exists. Our partnership with Inyene Agro is proof of what becomes possible when we do, translating agricultural abundance into industrial and export value at scale.
“With nearly 15 million cassava farmers in this country, what Nigeria needs is more enterprises like Inyene Agro to unlock that potential. Imagine scaling that model across tomatoes, spices, grains, legumes, and tubers. That is the food economy Nigeria is capable of building, and GBFoods Nigeria is committed to accelerating it. We are calling on bold agripreneurs across every value chain to engage with GBHub. The door is open.”
Founder and CEO of Inyene Agro, Blessing Akpan expressed her optimism towards the investment and added: “This timely investment will catalyze our mission to scale sustainable agricultural practices across the region. With this strategic injection of capital, we are poised to accelerate growth, enhance infrastructure, boost food production, and expand our outreach. We eagerly anticipate a future of abundance and the transformative impact we will achieve together.”
This investment aligns with GBHub Africa’s mission and global commitment of Nutrition for Growth by reinforcing efforts to eradicate malnutrition by 2030.
