Investor Presentaiton

Current off-taker model empowers middlemen In current model, up to 80% of potential revenue could be lost to middlemen Illustrative breakdown of cassava value chain (NGN) Distressed sale for cassava, a high storage-need crop that loses value after 24 hours with improper storage 104 10% 10% 70% 10% Production cost Farmer margin Farmer revenue Transport Middleman margin Source: Stakeholder interviews 520 NGN/kg Market price (Nassarawa) 42 42 Copyright 2019 by Boston Consulting Group. All rights reserved.

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