News for Agent

Daily business news: funding, M&A, launches

Partnerships

Ecotutu and Lange & Grant Unveil Surulere Cold-Room Showroom to Cut Post-Harvest Losses

By ·

Key takeaways

  • Ecotutu and Lange & Grant Commodities unveiled a cold-room showroom in Surulere, Lagos, combining cooling systems with insulated construction materials.
  • Ecotutu CEO Babajide Oluwase said the cooling systems pair refrigeration technology with solar power and enter standby once the required temperature is reached.
  • Ecotutu co-founder Michael Akinsete said users at some farm-gate and open-market locations could pay between N250 and N300 per crate daily.

Ecotutu and Lange & Grant Commodities unveiled a cold-room showroom in Surulere, Lagos, on October 25, 2026, combining Ecotutu's cooling systems with Lange & Grant's insulated construction materials to reduce post-harvest losses. Thenationonlineng reported the launch, which the companies said would offer farmers, traders and food businesses ways to access cold storage facilities without bearing the full cost upfront.

What the Surulere Showroom Offers

Ecotutu's Chief Executive Officer, Babajide Oluwase, said the company's cooling systems were designed to meet the storage needs of different categories of perishable products, taking into account local operating conditions and energy requirements. He said the systems combine refrigeration technology with solar power for more energy-efficient cooling, and that the refrigeration units regulate their operation automatically in response to temperature changes. According to him, the systems enter standby once the required temperature is reached and resume operation when the temperature rises above a set level, with settings depending on the product being stored.

Oluwase said the company's solutions include cold rooms, chillers and blast-cooling systems for products such as tomatoes, peppers, fish, meat and chicken, while specialised cooling applications could also serve temperature-sensitive products. He added that some installations let operators monitor temperature, humidity and energy consumption remotely via a phone or computer, and that at facilities with inventory monitoring, operators can also track products in storage. Oluwase said the aim was to make cooling more accessible across the food value chain, from farm clusters and aggregation points to markets and consumers.

Lange & Grant's Chief Executive Officer, Tunde Okoya, said the company's contribution centred on manufacturing structurally insulated panels used in constructing cold rooms and food-processing facilities. He said refrigeration systems require specialised installation, maintenance and ongoing customer engagement, so the companies needed to focus on their respective areas of competence. Okoya said the companies' long-term ambition extended beyond cold rooms to food-processing facilities at farm and community levels, including mini-abattoirs, community poultry centres and dairy-processing centres.

Ecotutu co-founder and Chief Marketing Officer Michael Akinsete said the company was exploring different financing and payment arrangements to make cold storage more accessible to small businesses, farmers and market traders. He listed outright purchase, asset financing, lease-to-own arrangements and cooling-as-a-service among the available models, under which customers could pay for storage services rather than buy an entire facility. Akinsete said users at some farm-gate and open-market locations could pay between N250 and N300 per crate daily, depending on the applicable arrangement. He said the company has been developing its solutions since 2022 and operates in 10 states, with Lagos facilities in Mile 12, Ajah and Ogudu. Akinsete said the company was also exploring financing support through the Rural Electrification Agency's Distributed Access through Renewable Energy Scale-up (DARES) programme.

Ecotutu's Cold Storage Record

According to akta.pro company records, Ecotutu deployed a solar-powered cold room in Sabongida, Nasarawa, in 2024, achieving over 50% reduction in post-harvest losses and creating 40+ employment opportunities for women and youths. The same records show Ecotutu implemented a 7.5-ton solar cold room in Abeokuta for Agro Locale in 2025, and moved approximately 18,000 tons of produce through its solar-powered cold storage solution in Nigeria during 2025. The records list 20+ solar-powered cold storage hubs deployed across Nigeria, 4,000+ farmers and agribusinesses served, and 25,000+ metric tons of food salvaged through cold storage solutions. Ecotutu was founded in 2020, is headquartered in Lagos, and has two funding rounds on record: a 2021-01 pre-seed of $33,378 and 2023-07 non-equity assistance led by AcceliCITY powered by Leading Cities.

Companies in this story

Sources

Machine-readable: Markdown · JSON