Description
Agriferme is a family-owned Guinean poultry company created in 2008. The firm currently has a capacity of 40,000 laying hens spread over three buildings outside of Conakry
Market Opportunity/ Problem
While traditional poultry farming in Guinea involves more than 100,000 rural households, local players have not benefitted from the growing consumption of eggs and poultry meat. This is in part due to a sharp increase in imports from European countries. Agriferme offers quality, affordable local products. The company’s eggs are easily accessible from dedicated outlets. Agriferme as well resells laying hens for direct consumption.
Company Information
Years of operation
13
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Livestock
Primary country of operation
Guinea
Other country(ies) of operation
N/A
How many employees does your business have?
27
Does the business have more than 30% women ownership?
No
Does the business have more than 30% youth ownership (under 35 years)?
No
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
>1m
What is the split between equity and debt?
100% debt