Nigerian-based Brass and Books Capital Group, has launched a digital agro investment platform, (oyel.ng), in a bid to boost agriculture.
The platform, expected to enhance opportunities in funding the palm oil market went live on Monday 01/02/2021.
According to the firm, the platform is aimed at providing investment opportunities to both retail and institutional investors who wants to enjoy huge returns on investments either by purchasing farm or processing units.
“The platform affords both retail and institutional investors the opportunity to enjoy incredible returns on their investment by purchasing farm or processing units, selling for as low as N50,000 (fifty thousand naira) with investment span ranging between six to 36 months.
“With an annual shortfall of palm oil supply of over 600,000 tonnes, the opportunity in the oil palm market is enormous and oyel.ng is democratising access to these opportunities.
“Oyel.ng is set to deliver the future of sustainable food supply in Nigeria with focus on the oil palm,” it said.
The introduction tagged game-changer in the agriculture sector by experts is initiative of Plevan Oil & Farms, a subsidiary of Brass & Books Capital Group, is the first agro-investment platform with a focus on oil palm.
This is good news for the Nigerian agricultural industry.