Toluse crown (Charis Rice)


Toluse crown king business empire is an agricultural company that has mastered the art of building a self-sufficient and sustaining ecosystems. The company specializes in organic rice cultivation, rice processing under trademarked brand name Charis Rice and employs solely biodiesel to fuel its crop processing and sales all in tandem.

Market Opportunity/ Problem

Rice is the most largely consumed staple in Nigeria. Nigeria consumes 9,000,000 metric tons of rice annually with a mere 60% coming from local production. This has shows the huge existing market gap amid ever increasing demand. Charis rice in a bid to bridge the gap provides farmers with credit to cultivate rice and supply the local market. Its aim to impact the market more by supplying large quantities to an ever-growing market.

Company Information

Years of operation


Type of organization

Private Company

Stage of the business

Growth Stage

Agribusiness focus

Value addition/processing

Agriculture value chain(s) focus?

Food crops

Primary country of operation


Other country(ies) of operation


How many employees does your business have?


Does the business have more than 30% women ownership?


Does the business have more than 30% youth ownership (under 35 years)?


Financing and expansion overview

How much capital is the company currently fundraising (US$)?

$250k – $500k

What is the split between equity and debt?

100% debt
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How to engage

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