How it works
A Nigerian digital marketplace connecting buyers and sellers of palm products, with a roadmap for verification, quality assurance, secure payment and logistics.
Onboard & verify
Sellers and buyers register; identity (KYC) and business checks are done once by our review team.
● Live — registration, document upload and review
List & grade
Sellers list volumes with declared FFA, moisture and purity. Independent inspection reports can be submitted and reviewed.
● Live — listings and inspection-report review
● Planned — partner inspection and grading network
Match & trade
Buyers bid, sellers offer. The platform matches price, grade, location and volume, and records every negotiation round.
● Live — bids, offers, counter-offers, matching and agreed trades
Pay & deliver
Buyer pays into escrow; goods move by vetted logistics; seller is paid on delivery.
● Live — logistics requests, tracking, delivery confirmation, disputes
● Awaiting integration — licensed escrow/payment provider and approved logistics partners
Launch products (Year 1)
- CPO — Crude Palm Oil
- For refiners, cooking oil, margarine and FMCG manufacturers.
- PKO — Palm Kernel Oil
- For soap, cosmetics and confectionery producers.
- Certified Oil Palm Seedlings
- High-yield seedlings from accredited nurseries for new and replanted farms.
Spot trading in the southern palm belt first. Year 2 roadmap: palm kernel cake, red palm oil, olein & stearin, PFAD, fresh fruit bunches and forward contracts. Year 3+: cocoa, cashew, sesame, shea, soybean, maize and export buyers. Roadmap products are not yet tradable.
Who it serves
- Sellers
- Farmers, cooperatives, mills, aggregators and accredited seedling nurseries.
- Buyers
- Refiners, FMCG manufacturers, soap makers, exporters and plantation developers.
Fees
The proposed model is a transaction fee of 0.5–1% charged to each side of a completed trade, plus optional memberships, premium listings and partner services. No fees are charged today. Any fee is shown to both parties before they accept a trade.