Meet Yemisi Iranloye: The Nigerian ‘Cassava Queen’ Who Built a $12 Million Cassava Business

Yemisi Iranloye, a visionary entrepreneur from Nigeria, has carved an exceptional niche in the agricultural sector, earning the well-deserved title of “Cassava Queen.” Through her company, Psaltry International, she produces over 10,000 tons of cassava annually, generating a remarkable $12 million in annual revenue. Her journey exemplifies resilience, innovation, and empowerment in the face of formidable challenges.

Iranloye’s remarkable achievements as the “Cassava Queen” underscore the transformative potential of agriculture in Africa. By revolutionizing the cassava industry, she has not only built a thriving enterprise but also uplifted countless lives. Her legacy will continue to inspire future generations to dream big and make a meaningful impact in their communities and industries.

Humble Beginnings in Osun State

Born in Ilesa, Osun State, Iranloye’s passion for agriculture began early. Armed with a deep understanding of the cassava value chain, she launched her business with a modest investment, determined to unlock the potential of one of Nigeria’s staple crops. Her journey wasn’t just about farming but transforming cassava into high-value products for both local and international markets.

Building an Agricultural Empire

Iranloye’s success stems from her strategic approach to cassava production. Over the years, she has expanded her business to include several cassava processing plants, which churn out a variety of products such as:

  • High-quality starch
  • Sweeteners
  • Ethanol
  • Animal feed

By diversifying her product offerings, she has solidified her company’s standing in the industry, even amidst fierce competition from multinational corporations.

Empowering Nigerians Through Agriculture

Psaltry International not only contributes to Nigeria’s agricultural GDP but also serves as a major employer in the region. Hundreds of Nigerians work in her factories and farms, benefitting from fair wages and stable employment. Iranloye’s emphasis on sustainable farming practices has also helped foster environmental responsibility in the agricultural sector.

Championing Women in Agriculture

One of Iranloye’s most notable contributions is her unwavering support for women in agriculture. Through mentorship programs and funding initiatives, she has empowered many female farmers, helping them gain access to resources and markets. Her efforts underscore the importance of women’s participation in driving economic growth and sustainability.

Overcoming Challenges as a Female Entrepreneur

Like many female entrepreneurs in Nigeria, Iranloye has faced numerous hurdles, including limited access to capital and societal biases. However, her determination and strategic mindset have enabled her to rise above these obstacles and become a beacon of hope for aspiring business owners.

Global Recognition and Impact

Iranloye’s achievements have drawn international attention, showcasing Nigeria’s agricultural potential to the world. Her company is now seen as a model for leveraging local resources to achieve large-scale success while fostering economic empowerment.

Inspiration for Future Entrepreneurs

Yemisi Iranloye’s story serves as an inspiration not only to Nigerians but also to entrepreneurs worldwide. Her journey highlights the power of perseverance, the importance of innovation, and the rewards of investing in one’s community. For those who dream of transforming challenges into opportunities, she stands as a shining example of what is possible with vision and hard work.