Konga, Frontier Technology Livestreaming To Boost Food Sufficiency In Nigeria

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Foremost composite e-commerce giant, Konga has partnered with UKAid funded Frontier Technology Livestreaming to deploy the power of e-commerce in reaching rural farmers across Nigeria’s vast landscape.

Indeed, the partnership will see Konga – a major player in Africa’s biggest market – leverage its huge technology backbone, a considerable network of branches across the nooks and crannies of Nigeria, its considerable delivery capacity and effortless ability to reach the last mile in empowering the beneficiaries to do more.

The partnership involves implementing a pilot through the Frontier Technology Livestreaming Programme, a UKAid funded programme established in 2016 that is designed to help innovators apply frontier technologies to the biggest challenges in development.

Specifically, Konga emerged as the technology partner for the project after it came out tops in a rigorous selection process. The e-commerce giant is expected to deploy its various assets in ameliorating or trouble-shooting supply chain issues which hamper the output of rural, smallholder farmers in Nigeria. These include their access and time to market for critical agricultural inputs, as well as their pricing and the quality of these goods.

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Through Konga, the pilot aims to enable rural farmers to be reached more effectively, seamlessly and quicker with farming essentials such as crop seedlings, fertilizers and much more. This is expected to significantly improve the quality of grown crops, further translating to better margins and revenue for beneficiaries. In addition, these smallholder farmers can now reach consumers and markets in the metropolises or urban centres with their harvested products in record time through K-Xpress –  Konga’s internally-owned, technology-driven logistics company which boasts advanced competencies in delivery.

Equally important and beyond the pilot, farmers are expected to be able to take advantage of Konga’s online marketplace to reach a bigger audience of potential consumers of their products by setting up their stores and listing their farm produce on the platform. Also, the platform will afford them a chance to structure their pricing, while leveraging Konga Pay, a Central Bank of Nigeria (CBN) licensed e-wallet to receive payments from customers.

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Nick Imudia is Co-Chief Executive Officer at Konga Group.

‘‘Through this landmark partnership between Konga and Frontier Technology Livestreaming, we expect to play a central role in not only empowering but also positively changing the narrative for rural farmers across Nigeria. The world as a whole has been making progress towards improved food security and we cannot deny the crucial role that agriculture plays in the process of overall national development.

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‘‘In fact, rural farmers are central to the achievement of the aforementioned ideals, especially in view of their indispensability in the system of things. However, these smallholder farmers are beset by a number of challenges which hamper their ability to scale.

‘‘This is where Konga and Frontier Technology Livestreaming come in, backed by DFID. Through this project, we aim to see these farmers take advantage of the power of e-commerce and technology, by extension, in boosting their contributions to the task of achieving food security in Nigeria,’he disclosed.

‘‘Konga will provide the much-needed assets – access, our marketplace platform, delivery vans, bikes and lorries, payment wallet and more – for the achievement of these objectives while Frontier Technology Livestreaming will bring essential innovation, governance and programme management expertise to bear on the project,’he concluded.

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Latest News

Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

  • Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
  • Loan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021
  • APR is a member of the RGE group of companies


JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra.

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APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations.

The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia

The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk.

Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world."

APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021.

"This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie.

Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth."

"Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk.


About Asia Pacific Rayon

Asia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.


About RGE

RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. www.rgei.com

Konga, Frontier Technology Livestreaming To Boost Food Sufficiency In Nigeria - Brand Spur
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