King Essentials

Current Focus Countries

King Essentials makes grants for work in a select number of countries. These countries combine high levels of need with conditions that make it possible to achieve substantial impact.

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Launched 2021

Nigeria

Nigeria has the largest population and the largest economy in Sub-Saharan Africa. Although it enjoys abundant natural resources and a sizable internal market, those advantages have not translated into shared prosperity for its citizens. Since the early 2000s, the country’s economic growth has slowed considerably and has failed to keep up with its rising population. The unemployment rate has increased (reaching 30% in 2020), and living standards have dropped. More than 70 percent of Nigeria’s population engages in some form of agricultural production, and the rural poor comprise most of that share of the population. Overall, nearly half of the Nigerian population lives in extreme poverty. Today, most economic and development indicators show that Nigeria is underperforming against its peer countries.

Despite its difficult operating environment, Nigeria offers a robust opportunity for high-performing organizations to reach some of the world’s poorest people. In particular, its agricultural sector—the largest among African countries—has enormous potential. If the sector could leverage that potential, it would have enough capacity to meet the needs of Nigeria’s growing population. Our work in Nigeria targets agriculture and food security as a priority investment area, with a specific focus on improving the productivity of smallholder farmers

Nigeria

Related Portfolio Organizations

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