Case Studies
Russia's war on Ukraine: Impact on global food security and Hotrac response
The supply shock provoked by the blockade of Ukrainian exports, coupled with record price levels for basic commodities, led several nations to adopt export restrictions&speculative operations, leading to unpredictability in global food supply. As the war continues and the stakes become higher, Russia has increasingly been using food shortage fears as a new weapon in its hybrid war, and food security has been at the top of the international political agenda since February 2022.We at hotrac seek to proactively position Nigeria and Africa at large as the food basket of the world with the use of our cutting-edge technology a agrocommodity platform exportrades.com which seamlessly connects food supply to countries designated by United Nations as vulnerable to hunger across the globe.
Our action to combat climate change and its impact
Climate change is a real and undeniable threat to our entire civilization.The effects are already visible and will be catastrophic unless we act now. Through education, innovation and adherence to our climate commitments, we can make the necessary changes to protect the planet. These changes also provide huge opportunities to modernize our infrastructure which will create new jobs and promote greater prosperity across the globe. Hotrac's hass avocado project is geared towards planting of trees which is expected to translate to both economic benefits by creating jobs for our unemployed youths and woman in the society, income expansion for smallholder farmers through market linkages globally and most importantly to contribute immensely in reducing the impact of climate change.