Agromanica
Description
Agromanica, holds a title deed for 448 hectares of very fertile land in Manica Province, at the centre of Mozambique where the company wants to produce and pack avocados, lychees, sweet potatoes and cassava for export using its own farm and an out grower network existent in the neighbouring farms. Agromanica has already identified its market / buyers.
Market Opportunity/ Problem
There is a huge demand for the types of crops the company wants to produce in European markets especially after the pandemic. Such crops grow with ease in Manica Province, hence the company wants to fill in these gaps in the market by being able to supply high volumes .
Company Information
Years of operation
4
Type of organization
Partnership
Stage of the business
Early stage/ Startup
Agribusiness focus
Primary production
Agriculture value chain(s) focus?
Food Crops
Primary country of operation
Mozambique
Other country(ies) of operation
N/A
How many employees does your business have?
45
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$)?
Above 1$m
What is the split between equity and debt?
50% debt and 50% equity