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025: Mira Mehta – The Tenacious Founder of Nigeria’s Tomato Jos

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When? This feed was archived on July 19, 2024 00:25 (10d ago). Last successful fetch was on October 16, 2023 13:44 (10M ago)

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Manage episode 217075641 series 2136143
Content provided by Victoria Crandall. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Victoria Crandall or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Mira Mehta is the founder and CEO of Tomato Jos, a tomato paste company based in Kaduna, Nigeria. You can connect with her @ShoutsAndMiras and @TeamTomatoJos on Twitter. Mira was born and raised in New England in the US. Fresh out of college, she landed her first job at BlackRock, a large asset manager. Driven and ambitious, Mira quickly realized that she’d never have a leadership role, as her department was just a “line item” in the company’s P&L. She was looking to make more of an impact and joined the Clinton Health Access Initiative, which sent her to Nigeria. While she was once driving to Kano in northern Nigeria, Mira saw a glut of tomatoes lining the side of the road. The quantity of rotting tomatoes was so great that the road resembled a red carpet. The image lingered with her. Why was Nigeria, which imports hundreds of millions of dollars of tomato paste per year, not able to manufacture tomato paste locally from its domestic tomato crop? After finishing her MBA at Harvard, Mira still couldn’t shake the tomato processing idea, and she decided to bite the bullet. In 2014, Mira moved to Nigeria to set up her tomato processing company, Tomato Jos. Mira talks candidly about the difficulties and challenges inherent to Nigeria’s agroprocessing sector, why profitable farming is the key to any successful processing project (and explains why Dangote’s tomato paste factory rests idle), the ins and outs of her outgrower program, and how she works with her investors. Plus, Mira gave one of the most thought-provoking answers to one of my favorite questions about where she’d travel in Sub-Saharan Africa to improve her business --- so don’t miss her response. Without further ado, here’s my conversation with Mira Mehta.

  continue reading

22 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on July 19, 2024 00:25 (10d ago). Last successful fetch was on October 16, 2023 13:44 (10M ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 217075641 series 2136143
Content provided by Victoria Crandall. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Victoria Crandall or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Mira Mehta is the founder and CEO of Tomato Jos, a tomato paste company based in Kaduna, Nigeria. You can connect with her @ShoutsAndMiras and @TeamTomatoJos on Twitter. Mira was born and raised in New England in the US. Fresh out of college, she landed her first job at BlackRock, a large asset manager. Driven and ambitious, Mira quickly realized that she’d never have a leadership role, as her department was just a “line item” in the company’s P&L. She was looking to make more of an impact and joined the Clinton Health Access Initiative, which sent her to Nigeria. While she was once driving to Kano in northern Nigeria, Mira saw a glut of tomatoes lining the side of the road. The quantity of rotting tomatoes was so great that the road resembled a red carpet. The image lingered with her. Why was Nigeria, which imports hundreds of millions of dollars of tomato paste per year, not able to manufacture tomato paste locally from its domestic tomato crop? After finishing her MBA at Harvard, Mira still couldn’t shake the tomato processing idea, and she decided to bite the bullet. In 2014, Mira moved to Nigeria to set up her tomato processing company, Tomato Jos. Mira talks candidly about the difficulties and challenges inherent to Nigeria’s agroprocessing sector, why profitable farming is the key to any successful processing project (and explains why Dangote’s tomato paste factory rests idle), the ins and outs of her outgrower program, and how she works with her investors. Plus, Mira gave one of the most thought-provoking answers to one of my favorite questions about where she’d travel in Sub-Saharan Africa to improve her business --- so don’t miss her response. Without further ado, here’s my conversation with Mira Mehta.

  continue reading

22 episodes

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