African Agriculture Holdings IncNASDAQ AAGR Stock Report

African Agriculture Holdings Inc. engages in the commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company is headquartered in New York City, New York. The company went IPO on 2021-08-11. The firm manages extensive farmland in West Africa, including an alfalfa farm, which it operates on approximately 750 acres out of a total of 62,000 acres of dedicated farmland in Senegal. The company focuses on the production and sale of alfalfa for cattle feed and nutrition purposes. Alfalfa is a vegetation-based protein primarily used in dairy cattle for milk and beef production. The company sells alfalfa to owners and suppliers of cattle for feed and nutritional purposes, locally, regionally and for export. The company is engaged in providing food security to farmers and consumers globally, ensuring access to feedstock, dairy, and animal protein. The firm's product includes Alfalfa Supreme Grade, Alfalfa Premium Grade, and Alfalfa First Grade.