Naki Group Limited: Naki Sunflower Oil Processing
United States African Development Foundation awarded a grant of USD 249,963 to Naki Group Limited for work in Tanzania, dated 22 July 2024.
Overview
Sector: Agri-processing of sunflower into edible oil.Beneficiaries; More than 2,000 people will be impacted directly and indirectly of which more than 1,000 will be women and youths..Description: The OAG grant will enhance the capacity of the farmers to increase sunflower production and productivity through accepatble agreicultural practices that take into account the climatic conditions. Famers will habve access to timely availability of agro-inputs and an assured market for their sunflower seed. Naki will enhance its financial management and control, enhance its capacity to keep and computerize records keeping and produce audited financial statements to measure business performance and meet statutory tax requirements.
Source: United States African Development Foundation, IATI activity data via the IATI Bulk Data Service, published under Creative Commons CCZero (cc-zero, as registered on the IATI Registry) (https://creativecommons.org/publicdomain/zero/1.0/). Read from https://bulk-data.iatistandard.org/usadf/usadf-tanzania.xml. Reshaped by All Business Africa into this record; amounts and currency are as the funder states them.