Description
Arki Agro is a producer and supplier of Ethiopian spice blends to the domestic grocery, out-of-home, specialized retail, and hospitality sectors.
Market Opportunity/ Problem
Ethiopian consumers lack access to domestically sourced and processed food products that are nutritious, food-grade packaged, have a long shelf life, and are ready to eat. In particular, with the lifestyles of urban consumers making traditional food more difficult to prepare, there is an opportunity to present the market with ready-to-eat processed food, which creates opportunities for smallholder farmers to be part of a domestic supply chain to a predictable market.
Company Information
Years of operation
6
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Value addition/ processing
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Ethiopia
Other country(ies) of operation
N/A
How many employees does your business have?
12
Does the business have more than 30% women ownership?
Yes
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$)?
<50k
What is the split between equity and debt?
50% debt and 50% equity